Ricardo Alonso-Zaldivar

November 3, 2017

Tax plan favors richest

The $1.5 trillion House tax plan released Thursday prioritizes tax cuts for the wealthiest households and profitable corporations and would dramatically increase the deficit.

Number of the Day

13 million - Number of families who make under $100,000 per year who would face a tax increase under the House tax plan. (Source: The New York Times)
October 26, 2017

Income taxes and economic growth

Supporters of trickle-down economics have tried to argue for years that income taxes are a barrier to economic growth, and that states without income taxes fare better than states that have them. But a report out today from the Institute on Taxation and Economic Policy successfully dispels that myth.

Number of the Day

34 percent - The average increase to the most popular marketplace health insurance plans in the upcoming year  (Source: Associated Press)
September 20, 2017

Opposition mounts against Cassidy-Graham

As the Cassidy-Graham health care repeal bill gains momentum on Capitol Hill, opposition to the measure is mounting as well.

Number of the Day

8.1 percent - Gross Domestic Product growth in Lake Charles metropolitan area in 2016, making it the fastest-growing in the country (Source: Bureau of Economic Analysis).