Republican tax reform goes through the wringer

Brian Fraga, The National Catholic Register, November 10, 2017

"Abby McCloskey, an economist who has advised multiple Republican presidential campaigns, told the Register that the child tax credit would need to be increased much more significantly in order to help a parent be able to stay home or take a longer leave of absence from work for the birth of a child. "It’s just not a significant amount of money, I think, to influence those types of decisions,” McCloskey said. . . .

McCloskey said she favors the bill’s move toward simplifying the tax code. “I think widening the standard deduction, reducing the number of brackets, those types of things that make it easier for wide swaths of the population to file taxes, is an improvement over the status quo,” she said."