Bill Thomas, a former chairman of the House Ways and Means Committee, served in the U.S. House of Representatives from 1978 to 2007. During his six-year chairmanship, he guided the enactment of $2 trillion in tax relief, including the Economic Growth and Tax Reconciliation Act of 2001, which reduced all ordinary income tax rates; the Jobs and Growth Tax Reconciliation Act of 2003, which reduced the tax rate on dividends and capital gains; and the Job Creation Act of 2004, which provided significant reforms for corporate tax policy.
M.A., B.A., political science and history, San Francisco State University
A.A., Santa Ana Community College
Funding alternative energy may end up being a poor use of federal dollars if local utilities regulators continue to run a short-sighted, politically motivated, counterproductive strategy.
The failure to pass health care reform is not due to partisan politics, but because the Democrats are letting the legislation be written by organized labor and the pharmaceutical companies.
Social Security reform should be approached incrementally and alongside broader retirement security reform.
There are several key principles for a sound, long-lasting economic stimulus, but it is not likely that Washington will apply them.
Tax hikes on private equity firms will hurt the ordinary investor most.
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