Today, our friends at the Tax Policy Center (TPC) are releasing an analysis of Republican presidential candidate Jeb Bush’s tax plan. (Here’s what you should know about how TPC conducts its analyses.)
Writes TPC’s Howard Gleckman:
The Bush plan includes some important ideas for increasing savings and investment, simplifying the tax code, and curbing tax avoidance. However, it would add trillions of dollars to the federal debt, largely by lavishing big tax cuts on the highest-income Americans and US-based multinational corporations.