Newswise — EVANSTON, Ill. --- The Senate passed the Republican tax bill early Saturday morning, following the Joint Committee on Taxation's analysis that said the changes would add $1 trillion to national deficits over a decade.
Ben Harris is a visiting associate professor at the Kellogg School of Management at Northwestern University and was formerly the chief economist to Vice President Joe Biden. Read his recent article: “Here’s the biggest missing piece in GOP tax plan.”
Harris can be reached at [email protected].
Quote from Professor Harris
“The Republican tax plan is poorly designed to generate higher long-run economic growth, while also raising serious distributional concerns. Despite claims by proponents, low- and middle-income families fare poorly with this tax cut — especially when factoring in who will ultimately pay for the more than $1 trillion in higher deficits that would arise from its passage.”
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