Trump rewards the real offshorers with trillions in tax cuts.
Republicans are threatening to tank the global economy if President Biden doesn’t agree to slash spending on social welfare programs. It’s a trap.
One tool of Senate procedure—the budget reconciliation process—provides a limited end run around the filibuster. The reconciliation process allows a certain subset of legislation to pass with a simple majority.
Your generation today holds only 4.6% of the nation’s wealth and you’re most likely struggling to own a home & are deeply in debt. What happened? In a word, Republicans…
While the wealthy benefited immensely from Reagan's tax cuts, we essentially stopped maintaining the country. Similarly, condo developers profited by increasing the selling price and lowering the maintenance fee.
Buried in Trump's 2017 Tax Cut Act are automatic tax increases every two years from 2021 to 2027. All taxpayers with incomes of $75,000 and under (about 65 percent of taxpayers) will face a higher tax rate in 2027 than in 2019. Elections matter.
Reader Comments: Constitutional Crisis - Trump vs. Truth; Tax Cuts Don't Spur Growth; Need to Drop All New Charges Against Lac-Mégantic Workers; Immigration - and Norwegians; Hugh Masekela; 'Two-state Solution'; Young Workers - Largest Union Gain; Football; Announcements: Jews in American Labor ; Bill Fletcher in Bay Area; Angela Davis, Patrisse Cullors in New York; Students' Right to Vote; Today in history - start of the sit-ins; and more....
The robbery is nearly complete.
If it's enacted, the GOP tax cut now working its way through Congress will be the start of a decades-long economic policy disaster unlike any other that has occurred in American history. - And this dire warning is from Forbes, the business publication.
Real tax reform is hard. So a growing bloc of tax-cut enthusiasts wants to rewrite the rules of the game to secure rate reductions for the rich.
Spread the word