Tag Archives: taxes
GOP Tax Plan: Just Another Scam
Trump tapped two former Wall Street executives, Steven Mnuchin and Gary Cohn, to secretly craft a tax plan and force a partisan vote without the American people knowing how much they’ll be harmed. This plan was written by Wall Street, for Wall Street. Trump is blatantly lying about his tax plan that would overwhelmingly benefit […]
Continue readingArizona Heads the Way of Kansas Thanks to Republican Corporate Tax Cuts
PHOENIX (AP) — The Arizona Legislature’s budget analysts on Thursday predicted a budget shortfall that could top $100 million in the current and coming year as the impact of corporate Source: Arizona Legislature’s budget analysts predict 2018 shortfall | State and Regional | azdailysun.com
Continue readingTrump’s Tax Plan: Net Nothing for Middle Class, Big Cuts for the Rich, Adds to Debt
Trump released a nine-page tax plan today. That’s like doing the architectural drawings for your house on a napkin. A small napkin. What we do know: The plan will likely add to America’s $20 trillion debt. There are lots of tax cuts spelled out. There are almost no loopholes eliminated. The rich make out pretty well. […]
Continue readingOverhauling the tax code is more complicated than the Trump administration expected.
Who knew taxes were so complicated? Certainly not POTUS 45. Source: The Finance 202: Overhauling the tax code is more complicated than the Trump administration expected – The Washington Post
Continue readingThe Horror Show That Is the Republican Health Care Plan
The Senate bill came out of hiding on Thursday, promising big gifts to the rich: It would cut taxes on investment income (retroactively), wages above $200,000, medical devices, prescription drugs and indoor tanning. It also eliminates penalties for large employers’ failure to provide employees with health insurance and, though a minor amount of money in […]
Continue readingWhat’s in the Senate Obamacare replacement bill.
Mitch McConnell is more clever than Paul Ryan — that makes his bill more dangerous. He slow walks the cuts to healthcare subsidies and Medicaid so that their impact won’t hit until after the next election, yet budget rules allow him to grab the funds from those cuts for tax cuts for the rich now. […]
Continue readingIt’s the Republicans Who Can’t Pass Healthcare and Tax Reform
Trump wrote on Twitter that the Senate should change its long-standing rules and ‘switch to 51’ votes to pass health-care changes and to vote on a tax bill instead of working to get 60 votes to end a potential filibuster. But the Senate is already trying to pass health-care and tax changes with just 51 […]
Continue readingNews analysis: Did tax cuts sell state budget short? | Local | azdailysun.com
PHOENIX — The $9.82 billion state budget is being billed by Republican lawmakers and Gov. Doug Ducey as the best outcome given the money the state has to spend. Source: News analysis: Did tax cuts sell state budget short? | Local | azdailysun.com
Continue readingWho will pay for tax cuts? | Letters to the Editor | azdailysun.com
President Trump has released his tax cut proposal, something he has described as the “biggest tax cut in History.” His various spokespersons have assured us that the cuts will unleash…. Read full letter: Who will pay for tax cuts? | Letters to the Editor | azdailysun.com
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