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On the cover

Tax Cuts Work. The Evidence Is Here

Tax Cuts Work. The Evidence Is HereIt happened again. Tax receipts soared in the US after the recent tax cuts.

U.S. state and local government tax revenue climbed to $350.2 billion in the first quarter of 2018, a rise of 5.8 percent compared with the same time period in 2017. Individual income tax collections had big gains for a second-straight quarter with a 12.8 percent increase to $107.4 billion in 2018’s first quarter. Continue reading Tax Cuts Work. The Evidence Is Here