PLEDGE NOW
Are Higher Taxes in Our Future?

Flickr/David Reber's Hammer Photography

Tax day, April 15th, is upon us now.

It’s never fun preparing or paying. But it’s the price we pay for all we share. 

That price may be going up – substantially and soon. 

America’s deficit has grown so large that talk of higher taxes is all over the place now. Letting old tax cuts lapse. Bringing in new taxes. Maybe a “V.A.T.” – a “value added tax – on everything we buy. 

Former Fed chief under Ronald Reagan, Paul Volcker, is saying if we need it, we need it.  

This Hour, On Point:  Are we going to have to pay up to bring down the deficit? Are higher American taxes now inevitable?

Guests:

Bill Frenzel, scholar of economic studies at the Brookings Institution and a former Republican Congressman from Minnesota. He advised President George W. Bush on social security and taxes.

Alan Auerbach, professor of economics and law – and director of the Burch Center for Tax Policy and Public Finance – at U.C. Berkeley. He served as deputy chief-of-staff of the U.S. Joint Committee on Taxation in 1992.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
RECENT
SHOWS
Jun 9, 2016

Newly-minted college graduates on the job hunt. We’ll look at who’s hiring, starting salaries, and strategies for landing that first job.

 
Jun 9, 2016

Europe, India and China, are taking on American tech giants over privacy, monopolies, and more. We’ll look at the global technology pushback against the U.S.A.

On Point Blog
On Point Blog
Jessica Valenti: ‘Objectification Is About Dehumanizing People’
Wednesday, Jun 8, 2016

“There is some power in laying claim to the word victim.” — Jessica Valenti on the Stanford sexual assault case, and the importance of language.

More »
Comment
 
Why The ‘Roots’ Remake Matters (And What Stays The Same)
Tuesday, Jun 7, 2016

The recent remake of “Roots” on the History Channel makes important changes, Morehouse College’s Stephane Dunn argues. But it also holds true to the original story.

More »
Comment
 
Former Trump Advisor Roger Stone: ‘Trump’s Going To Be The Next President’
Monday, Jun 6, 2016

Longtime political consultant Roger Stone apologizes for his “two martini tweets,” even as he predicts Donald Trump will be the next U.S. president.

More »
Comment