Maxwell School News and Commentary

"If President Trump really wants to cut taxes on capital gains, he should go to Congress with a plan to do so directly, and not through a poorly designed back-door regulatory scheme," writes Leonard Burman, professor emeritus of public administration and international affairs.

"If widely adopted and successful, the plans could significantly reduce federal revenue and most of the benefits would go to taxpayers with high incomes," says Len Burman, Paul Volcker Chair in Behavioral Economics.

According to Leonard Burman, professor of public administration and international affairs, "enlightened policy should aim to make work pay and help workers adapt. Better education and training will help. But a permanent solution would create a mechanism to automatically translate economic growth into higher wages."