Displaying all articles tagged:

Trump Tax Cuts

  1. the national interest
    The Trump Tax Cuts Did One Thing: Give Rich People More MoneyThe economy hasn’t changed much. What’s changed is that business owners have a bigger piece of it.
  2. trump tax cuts
    The Trump Tax Cuts Keep Getting Worse for the Deficit — and Better for the RichRich people are manipulating retirement plans to milk the Trump tax cuts for all they’re worth (and then a little extra).
  3. the national interest
    Trump Wants to Give the Wealthy Another Tax Cut, With No Vote in CongressCongress can’t pass another tax cut for the rich, but Trump doesn’t care.
  4. Corporations Invested Their Tax Cuts Into Stock Buybacks That Didn’t Even WorkInstead of making capital investments or increasing wages, corporate America is plowing record sums into buying their own shares at a high.
  5. the national interest
    Trump’s Always-Wrong Economist Lawrence Kudlow Wrongly Says Deficit Is FallingLawrence Kudlow says “classic supply-side economics” is bringing down the deficit, while it is, in fact, going up.
  6. The GOP Raised Taxes on Churches to Fund Its Giveaway to the RichReligious institutions just discovered that Trump’s tax “cuts” actually imposed a complicated new tax on them.
  7. A Couple Republican Elites Just Admitted Their Agenda Is Built on LiesTom Price just said repealing the individual mandate raises premiums — while Marco Rubio confessed that corporate tax breaks aren’t helping workers.
  8. the national interest
    Firing the House Chaplain for Dissing Tax Cuts Is FineStop freaking out about this. Paul Ryan’s views are terrible, but his actions are totally defensible.
  9. Looks Like Trump Genuinely Enacted (a Tiny Bit of) Tax ‘Reform’The GOP tax bill will slash the number of filers who use the regressive mortgage-interest deduction by more than half, according to the JCT.
  10. the national interest
    Trump Economist Kevin Hassett: Tax Cuts Are Trickling Down to YouDon’t worry your pretty little head about diminished competition or lack of wage growth. Trump’s economists certainly aren’t.
  11. The 4 Biggest Banks Have Already Made $2.3 Billion Off Trump’s Tax CutsThe president promised that his tax law would not favor the “wealthy and well-connected.”
  12. The Trump Tax Cuts Are Still Unpopular. That’s a Crisis for Conservatives.If the GOP can’t get Americans to enjoy the candy of its fiscal agenda, how will they ever get them to eat the vegetables?
  13. the national interest
    New Budget Estimate Shows Trump Tax Cuts Created a Fiscal DisasterThe modern Republican theory that government should explode the deficit under Republican presidents only.
  14. The American Economy Isn’t ‘Great Again’ — But It’s Still SolidTrump’s policies haven’t supercharged the good economy he inherited — but they haven’t slowed it down (yet).
  15. the national circus
    Why President Trump Says His Budget Is TerribleRepublican presidents always do this, because they can’t admit their tax cuts didn’t work.
  16. the national interest
    Trump: I’ve Got a Fever, and the Only Prescription Is More Tax CutProblem: The tax cuts didn’t help Republicans win the special election. Solution: Cut taxes again.
  17. the national interest
    Trump’s New Economic Adviser Lawrence Kudlow Has Been Wrong About EverythingThe GOP remains firmly committed to kookonomics.
  18. Polls: After GOP Tax Bill Went Into Effect, It Became Less PopularTwo new surveys suggest that the Trump tax cuts won’t be the electoral boon that Republicans hoped they’d be.
  19. Warren Buffett’s Company Made $29 Billion Off the Trump Tax CutsPaul Ryan recently boasted that the GOP’s tax cuts had given one lucky secretary in Pennsylvania an extra “$1.50 a week.”
  20. The IMF Warns Trump’s Tax Cuts Could Trigger a Global ‘Race to the Bottom’Globalism is the new populism.
  21. The Trump Tax Cuts Will Not Save Republicans This FallA new poll finds only 2 percent of Americans believe Trump’s tax law got them a raise, while 58 percent say the plan primarily benefits the rich.
  22. Cuomo Vows to Sue Feds Over Trump Tax Bill’s Discrimination Against New YorkersIt’s a long shot, but if Republicans deliberately targeted blue states, that could be adjudged as unconstitutional.
  23. The GOP Tax Bill Has Affluent Homeowners Enraged and ConfusedMany suburbanites rushed to prepay their 2018 property taxes — only to learn that this wouldn’t actually spare them from the harms of the tax bill.
  24. Corporate PR Stunts Won’t Save the Working ClassShared prosperity doesn’t come from the strategic generosity of bosses high on tax cuts, but from the power of organized labor.
  25. the national interest
    The Kochs Can’t Make America Stop Hating Trump’s Tax CutRepublicans think their poor trillion-dollar corporate tax cut is just misunderstood.
  26. Here Are the Most Sycophantic Compliments Republicans Gave Trump Today“Thank you, President Trump, for allowing us to have you as our president.”
  27. No, the Media Has Not Been Unfair to the GOP Tax BillNobody forced Republicans to write a tax bill that gives a giant, permanent cut to corporations — and a small, temporary one to the middle class.
  28. the national interest
    Trump Boasts He Has Repealed Obamacare, Does Not Understand How Law WorksPromises “something terrific,” which he has somehow failed to reveal.
  29. the national interest
    Republicans Didn’t Reform the Tax Code. They Never Wanted To.Republicans ruled out writing a bill premised on their own supposed goals.
  30. 6 Reasons for Progressives to Stop Worrying and Love the GOP Tax ScamRepublicans just increased the Democrats’ chances of regaining power — and made it easier for them to expand the welfare state when they do.
  31. the national interest
    How the Trump Tax Cuts Solved the Democrats’ Campaign ProblemThe congressional party now stands behind Trump’s secrecy and self-enrichment.
  32. Senate Passes Republican Tax BillBut because of a procedural screwup, the House will have to vote on the bill a second time.
  33. Paul Ryan Tweets Out Highlight Reel of Him Lying About Taxes for 20 YearsAh, memories.
  34. House Passes Final Draft of GOP Tax BillThe legislation is expected to pass the Senate tonight and become law by Christmas.
  35. the national interest
    Republicans Say Democrats Secretly Like the Trump Tax Cuts. Uh, No.“Their hearts are there,” says Ivanka Trump. No, they’re really not.
  36. The Trump Tax Cuts Just Got Even More Skewed to the RichThe Senate bill gave 62 percent of its tax cuts to the top 1 percent of income earners. In the final tax bill, their share goes up to 83 percent.
  37. the national interest
    America Hates the Republicans, and They Don’t Know WhyA party’s puzzling lack of self-reflection.
  38. Here’s What’s in the Final Draft of the GOP Tax BillSome of the worst provisions in previous bills have been scrapped. Most remain.
  39. Rubio Threatens to Sink Tax Bill If Child Tax Credit Isn’t ExpandedMeanwhile, other Republicans are worried that their bill gives too much to the middle class, and too little to millionaires.
  40. the national interest
    Paul Ryan to Go Out in a Blaze of Randian GloryThe Speaker plans one more attack on the lazy takers before he retires or is purged.
  41. the national interest
    Republicans Say Tax Cuts Are Paul Ryan’s Pope“Is it a Boehner-meeting-the-pope moment?,” a Republican asks about the tax cuts.
  42. Infamous ‘Grad Student Tax’ Left Out of Final GOP BillRepublicans have decided against taxing tuition waivers or eliminating the student-loan-interest deduction, according to reports.
  43. the national interest
    Republicans Reportedly Add Even Bigger Tax Cut for the RichThey’re going to cut the top income-tax rate on top of everything else.
  44. the national interest
    Why the Trump Tax Cuts Might Jack Up the Deficit More Than Anybody ExpectsThe bill is a sieve. What happens if the tax-shelter industry explodes?
  45. Senate Republicans Made a $300 Billion Mistake in Their Tax BillAnd that may prove costly for Susan Collins.
  46. the national interest
    Lobbyists and Tax Lawyers Can’t Believe What a Gift Republicans Have Given Them“We have a new tool to play with.”
  47. the national interest
    The Republican War on EconomicsEven the most liberal Republican denies basic economics.
  48. Senate Republicans Accidentally Killed Some of Their Donors’ Favorite Tax BreaksPassing a tax bill that you wrote over lunch — and never actually read — appears to have some downsides.
  49. the national interest
    The Trump Tax Cuts for the Rich Must, and Will, Be RepealedThey’re the most easily reversible damage Trump will do in office.
  50. the national interest
    Why Republicans Will Insist the Trump Tax Cuts ‘Worked,’ No Matter WhatThe Republican budget model is: heads they win, tails you lose.
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