– FiveThirtyEight
President Trump’s recent deal with Democrats shows that controlling the White House and Congress isn’t enough to enact large-scale changes or, in many ways, govern effectively.
With Their Party’s Future on The Line in The States, Democrats Can’t Agree on A Playbook
– The Washington Post
Locked out of power in Washington, Democrats have turned their attention to trying to win back clout in the states. But they have a lot of ground to make up, not a lot of time to do it, and are running into a roadblock: themselves. Republicans effectively control 68 of 99 state legislative chambers, and Democrats have just four elections to wrest back some of those before looking ahead to possibly even harder challenges for Congress.
Global Corporate Tax Cuts Widen Gap with U.S.
– FOX Business
Governments around the world have continued to cut their tax rates on company profits, pushing them further below that of the U.S. The Organization for Economic Cooperation and Development warned the competition to aid businesses may be going too far.
Incomes Are Rising in Most States, Yet Inequality Isn’t Improving
– Governing
Americans’ incomes continued trending upward in 2016, according to new U.S. Census Bureau estimates released on Thursday. That’s good news for employees, local economies and governments that rely on income tax revenues. But despite the bigger paychecks, inequality has not improved.