Maxwell School News and Commentary

Filtered by: Spending

Burman piece on Biden's capital gains tax proposal published in Forbes

April 30, 2021
 "This [proposal] is a significant reform that would close loopholes that fuel inefficient tax sheltering and make the income tax more progressive, and help pay for some of Biden’s domestic policy wish list," writes Leonard Burman, Paul Volcker Chair in Behavioral Economics. 

See related: Currency/Digital Money , Income , Spending , Taxes , Policy , Economics Department , Public Economics

Reeher quoted in Newsday article on Gov. Cuomo's budget

April 14, 2021
Gov. Andrew Cuomo adopted a $212 billion state budget last week that raised spending $18 billion, or nearly 10 percent. 

See related: New York State , Spending , COVID-19 , Taxes , Budget and Finance

Burman comments on rising national debt in Christian Science Monitor

April 8, 2021
 "Investing in better roads, bridges, dams, electrical infrastructure, all of that stuff, clearly, those investments pay returns over a long period of time," says Leonard Burman, Paul Volcker Chair in Behavioral Economics. "Investing in better education, if you can do it, pays returns over the course of decades."

See related: Infrastructure , Education , Economics Department , Banking/Lending , Income , Spending

Popp weighs in on Biden's green stimulus spending in NY Times, Guardian

March 31, 2021
"Unless they can pair it with a policy that forces people to reduce emissions, a big spending bill doesn’t have a big impact," says David Popp, professor of public administration and international affairs. But, he adds, "spending money is politically easier than passing policies to cut emissions."

See related: Economy , Spending , Climate and Climate Change , Policy , State and Local

Burman weighs in on scope of Biden's stimulus plan in Business Insider article

March 29, 2021
Leonard Burman, Paul Volcker Chair in Behavioral Economics, was quoted in the Business Insider article, "Biden is splitting with Obama on the economy and the proof is in their stimulus plans."

See related: Spending , Economy , United States , Government

Burman discusses Biden's tax proposal in Vox article

March 19, 2021
"Taking out the politics, planning a tax bill that would help reduce inequality, make the system work better, raise revenue to slow the rate of growth of the debt, all of those things would make a whole lot of sense," says Leonard Burman, Paul Volcker Chair in Behavioral Economics. "But the question is just timing, and it’s always a bad time for a tax increase because it’s hard to get your base excited about raising taxes."

See related: Spending , Taxes , Congress , COVID-19 , United States , Government

Faricy piece on Biden's American Rescue Plan published in The Hill

March 15, 2021
"Our recent analysis of public opinion about people’s attitudes toward government assistance shows that Democrats can gain the support of conservative voters for assistance to the poor through smart policy design. And there is no better example than the American Rescue Plan (ARP)," Associate Professor of Political Science Chris Faricy and Christopher Ellis (Bucknell University) write.

See related: Taxes , Spending , Population Studies , Politics , United States , Government

Burman weighs in on Biden's COVID-19 relief package in Associated Press, Politico

March 9, 2021
Read more in the Associated Press article, "$1.9T Biden relief package a bet government can help cure US" and in the Politico article, "Biden's 'Morning in America' moment carries risks." 

See related: COVID-19 , Spending , Public Health , Taxes , United States , Government

Michelmore quoted in MarketWatch article on the American Rescue Plan

March 8, 2021
Undoing the earned income threshold is a particular benefit to Black and Latino children who disproportionately live in households falling underneath the earned income threshold, says Katherine Michelmore, assistant professor of public administration and international affairs.

See related: Spending , Taxes , Income , Congress , Public Health , Child and Elder Care , United States , Government

Michelmore discusses the child tax credit on Marketplace

February 25, 2021
"The kids who don’t receive the full credit right now are predominantly kids who are lower income, many who are living in poverty, and many who are either Black or Latino," says Katherine Michelmore, assistant professor of public administration and international affairs. 

See related: Public Welfare , Income , Taxes , Spending , Public Health , COVID-19 , Child and Elder Care , State and Local , Inclusion , Social Inequalities , Wage Inequality

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