Sorry, President Trump. I agree with you.

By Fareed Zakaria Thursday, Feb. 2, 2017 After his spat with Mexico, after the travel ban, this week President Trump did something that surprised me. He put in place a policy with which I agreed. He placed a smart check on ever-proliferating federal regulations. His executive action requires any department that wants to add a … Continue reading

Trump’s real charitable gift: exposing the corruption of the U.S. tax code

By Fareed Zakaria Thursday, October 6, 2016 Donald Trump has done America a great public service. No, really. By taking advantage of the country’s tax laws in such spectacular fashion, he has shone a spotlight on the corruption that is at the heart of American politics — the tax code. When most people discuss taxes, … Continue reading

It’s not just Trump: The GOP is not serious on the economy

By Fareed Zakaria Thursday, August 11, 2016 In recent days, I have had a dream: that America has a real Republican Party, a party offering a serious right-of-center alternative to the Democrats. Such a contest of ideas would improve the public debate and offer Americans a real choice, not the cartoon campaign we have today. … Continue reading

Economy needs both reform and investment

WP

By Fareed Zakaria One way President Obama can begin to put the IRS scandal behind him is by proposing comprehensive tax reform. Beyond the usual Washington theatrics, the real problem is that the U.S. tax code is unbelievably complicated, clocking in around 74,000 pages, with all rulings, regulations and other material. The greater the complexity, … Continue reading

Tax and Spend

TIME July 23 2012 1

Lowering corporate taxes and building infrastructure could lead us to recovery By Fareed Zakaria The most troubling aspect of June’s job numbers—only 80,000 jobs were created last month—is that they are part of a new normal. Over the past two decades, U.S. economic recoveries have tended to be slow and jobless. In every recession from … Continue reading

Romney is wrong on tax cuts

WP

By Fareed Zakaria The Obama campaign’s attack ad about Bain Capital presented a simplistic picture of a complicated reality. Private-equity firms can play a crucial role in keeping companies competitive. And although some firms have engaged in some bad practices, on the whole the industry has grown so large because it performs a useful function. … Continue reading

Complexity Equals Corruption

Herman Cain’s “9-9-9” plan isn’t perfect, but it’s less crazy than you might think By Fareed Zakaria Herman Cain’s campaign promise— the “9-9-9” tax-reform plan—has invited universal scorn from pundits in a way I have rarely seen. “Dial 9-9-9 for Nonsense,” sniffed the Economist. “Ill-considered, hand-waving improvisation,” said the conservative National Review. But Cain’s idea … Continue reading

Raise My Taxes, Mr. President!

We can’t afford the Bush cuts anymore. by Fareed Zakaria For the last few months, we have heard powerful, passionate arguments about the need to cut America’s massive budget deficit. Republican senators have claimed that we are in danger of permanently crippling the economy. Conservative economists and pundits warn of a Greece-like crisis, when America … Continue reading