Former Ronald Reagan speechwriter Jeff Bell found a lot to like in Donald Trump's tax plan.
"Trump’s plan for tax reform is the most populist so far seen among the presidential candidates. It is also the most faithful to supply-side principles," Bell contends.
Bell says that the plan comes closer to meeting the definition of supply side tax policy.
"Cutting taxes for individuals and families is a vote of confidence in the ability of ordinary people to make use of their income, rather than sending it on a round trip to government and other elites to decide what they need. It is far more like Ronald Reagan’s tax revolution, which focused on personal tax rate cuts rather than corporate incentives.
"Reagan’s tax rate reductions, which saw the top rate on personal income drop from 70 to 28 percent between 1981 and 1988, were successful in both economic and political terms because they trusted the people to make good decisions. Reagan made some tax changes favorable to businesses, but economically speaking they were minor and politically speaking they are unremembered.
"Supply-side tax policy, which at its best is a subdivision of populism, imposes the lowest possible tax rates on the widest possible definition of income. The plan offered on September 28 by Donald Trump, while not perfect, comes the closest in many years to meeting that definition."
A half-forgotten exchange of letters between two titans of the Republican party, Dwight Eisenhower and Ronald Reagan, contains an urgent lesson for the presidential candidates who will debate at the Reagan Library on Wednesday: Tell the country that you will be the president of all Americans, and will represent no one group in particular.
I've suggested before that 2016 is beginning to look more and more like 1968. This is true in terms of the presidential contests—on the Democratic side, Bernie Sanders is Eugene McCarthy, Hillary Clinton is Lyndon Johnson, Joe Biden will be Hubert Humphrey, and (the big question!) Elizabeth Warren could be Bobby Kennedy; and on the Republican side, where Donald Trump is "a kind of cartoon version of Richard Nixon."
Last week, political pundits began likening Donald Trump, running for the Republican presidential nomination, to an earlier and for many, a beloved president. Trump also has been comparing himself—frequently and favorably—with Ronald Reagan.
Reagan's relationships, professional and personal, were without reproach. I don't remember Ronald Reagan ever insulting anyone, foreign or domestic, friend or enemy. He was a consummate gentleman.
Carly Fiorina, the former CEO of Hewlett-Packard and a Republican candidate for president, will address the Ronald Reagan Library in Simi Valley, California, on Monday evening on her foreign policy outlook. In her speech, Fiorina will discuss how as president she would broker a "new deal" with Iran, call for expanding defense spending, and address China, whom she calls "our rising adversary."
You can watch her speech live at 9 pm ET here. Fiorina's remarks as prepared for delivery are below:
Former Virginia senator Jim Webb said American foreign policy over the last two decades has had a lack of clarity and purpose. But the potential Democratic candidate for president stopped short of directly criticizing former secretary of state Hillary Clinton.
According to Miles's Law, "where you stand depends on where you sit." And so when Vice President Joe Biden hyperventilates over Republican senators' criticism of the Obama administration's negotiations with Iran, we must take him with a grain of salt. He used to have a seat in the Senate; now he stands behind President Obama.
Secretary of State John Kerry, who wrote an op-ed for the Miami Herald along with Commerce Secretary Penny Pritzker and Treasury Secretary Jacob J. Lew, evoked Ronald Reagan's timeless challenge to Mikhail Gorbachev at the Berlin Wall in 1987, "Mr.
Craig Shirley, a prominent biographer of Ronald Reagan, has accused historian Rick Perlstein of plagiarism in his new book, The Invisible Bridge: The Fall of Nixon and the Rise of Reagan. Shirley has cited 45 instances in which he says Perlstein uses information and passages from his 2004 book, Reagan’s Revolution: The Untold Story of the Campaign That Started It All, without proper attribution.
No columnist rivals Matthew Continetti's ability to contrast so starkly the president's exalted self-image with his actual smallness on the world stage. This morning's installment of his weekly Free Beacon column is perhaps the best example yet.