Tax cuts: Four flips in four days

CQ Budget, Episode 124

Sen. Charles Grassley, R-Iowa, leaves the Senate Republican Policy luncheon at the National Republican Senatorial Committee on Tuesday, July 30, 2019. (Photo By Tom Williams/CQ Roll Call)

With worries about a possible recession in the near future, the Trump administration has thrown around the idea of implementing new tax cuts to help stimulate the economy, only to flip flop on the idea multiple times later on. Specifically, the administration has flipped on two types of tax cuts — capital gains indexing, which is favored by Republican senators, and payroll taxes.

With the Democrats in control in the House, host Jennifer Shutt sits down with tax reporter Doug Sword to discuss some of the bills that are being discussed and where the party might come together with Republicans in the Senate on compromises.

Show Notes:


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