The Corner

Economy & Business

Farewell, Tax-Refund Talking Point

A few weeks ago, Democrats including Senator Kamala Harris were saying that a decline in tax refunds showed that the Republican tax bill had failed the middle class. Among the many reasons that this was a dumb argument was that it relied on data from early in the tax season.

It’s a little later now, and according to Treasury secretary Steven Mnuchin the trend has changed: Tax refunds are up 17 percent week over week. That basically gets us to the same level as last year.

That doesn’t really tell us anything about the wisdom of the tax legislation. It does confirm the vacuity of Harris’s attack on it.

Update: And here’s the IRS, noting that so far the average refund is slightly higher than last year.

Update II: Just this morning, the Democrats running the House Ways and Means Committee were spreading the old line.

Something to Consider

If you enjoyed this article, we have a proposition for you: Join NRPLUS. Members get all of our content (including the magazine), no paywalls or content meters, an advertising-minimal experience, and unique access to our writers and editors (conference calls, social-media groups, etc.). And importantly, NRPLUS members help keep NR going. Consider it?

If you enjoyed this article, and were stimulated by its contents, we have a proposition for you: Join NRPLUS.

LEARN MORE
Ramesh Ponnuru is a senior editor for National Review, a columnist for Bloomberg Opinion, a visiting fellow at the American Enterprise Institute, and a senior fellow at the National Review Institute.

Most Popular

U.S.

A Data Double Take: Police Shootings

In a recent article, social scientist Patrick Ball revisited his and Kristian Lum’s 2015 study, which made a compelling argument for the underreporting of lethal police shootings by the Bureau of Justice Statistics (BJS). Lum and Ball’s study may be old, but it bears revisiting amid debates over the American ... Read More
U.S.

A Data Double Take: Police Shootings

In a recent article, social scientist Patrick Ball revisited his and Kristian Lum’s 2015 study, which made a compelling argument for the underreporting of lethal police shootings by the Bureau of Justice Statistics (BJS). Lum and Ball’s study may be old, but it bears revisiting amid debates over the American ... Read More

How Many Jeffrey Epsteins Are There?

Goodman Brown was a young, pious man, from a family of “honest men and good Christians since the days of the martyrs,” when he first discovered that the society around him was full of evil hiding in plain sight. Brown, the main character of Nathaniel Hawthorne’s 1835 short story “Young Goodman Brown,” ... Read More

How Many Jeffrey Epsteins Are There?

Goodman Brown was a young, pious man, from a family of “honest men and good Christians since the days of the martyrs,” when he first discovered that the society around him was full of evil hiding in plain sight. Brown, the main character of Nathaniel Hawthorne’s 1835 short story “Young Goodman Brown,” ... Read More
Culture

How Long Will Margaret Sanger Last?

Much of the radical Left is at present consumed by a feverish desire to erase from U.S. history anyone whom they’ve deemed in some way insufficiently loyal to the progressive creed of 2020. The statue-toppling brigades have exercised little discretion in determining which of our leaders are no longer fit for ... Read More
Culture

How Long Will Margaret Sanger Last?

Much of the radical Left is at present consumed by a feverish desire to erase from U.S. history anyone whom they’ve deemed in some way insufficiently loyal to the progressive creed of 2020. The statue-toppling brigades have exercised little discretion in determining which of our leaders are no longer fit for ... Read More
U.S.

The Audacity of a New Kind of Hope

‘Who are we?” “What are we here for?” These are some of the most fundamental questions of our lives. And they can lead to a bit of a crisis these days, as there is so much uncertainty. Those questions are about more than each one of us as an individual. As statues are being torn down, the question of who ... Read More
U.S.

The Audacity of a New Kind of Hope

‘Who are we?” “What are we here for?” These are some of the most fundamental questions of our lives. And they can lead to a bit of a crisis these days, as there is so much uncertainty. Those questions are about more than each one of us as an individual. As statues are being torn down, the question of who ... Read More