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Post by the Scribe on Apr 7, 2020 10:31:10 GMT
Republicans only cry about the debt and deficit when Democrats are in charge. When they get in, no problem. What they are doing is hoping to bust the budget and force cuts to all social programs especially medicare, Medicaid, disability, food stamps, etc. When taxes are cut revenues need to be made up somewhere else or programs must be cut. This has been their playbook for decades. They will not cut the military spending but may increase it because it is so lucrative for corporations. The wealthy do not like these so called entitlement programs however they have no problem taking corporate welfare (usually by bribing politicians) and getting good deals from governments so that they have little risk for their many schemes that often don't work out. Privatize the profits and socialize the losses.
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Post by the Scribe on Apr 7, 2020 10:31:41 GMT
Keep in mind this is a REPUBLICON ONLY version of tax reform proposed. The Senate has yet to approve it's version. Once it does then the bargaining between a final bill with a final vote of both chambers happens. If passed it goes to the Mango Menace to sign into law. No Democrats have voted for either of these giveaways to the wealthy and corporations. Look at the mess the last big reform of taxes did under Reagan and the Republicons. We went from a creditor nation to a debtor nation and the middle class has been decimated. The Heritage Foundation is a right wing hack think tank created and funded by the Koch Bros. with bastardized Libertarian ideals that would never work in reality.
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Post by the Scribe on Apr 7, 2020 10:32:18 GMT
Brown: Tax Reform Should Be About Putting Money Back In Pockets of Working Ohioans
this is the direction we should be going if corporations are to get tax cuts:
Patriot Corporations of America Act -Rep. Schakowsky
Patriot Corporations
It is time to rekindle the spirit of patriotism and encourage corporations that commit to America and American workers. The Patriot Corporations of America Act would do so by rewarding companies which invest in our nation's economic future. And, it would do so in a revenue neutral way.
Instead of providing corporations incentives to slash benefits, offshore their finances, and outsource jobs, the Patriot Corporations Act would encourage American corporations to meet standards that would create a rising tide for all.
Those companies that choose to participate in the Patriot Corporation program would be provided with preferential treatment in government contracting and a 5% tax rate reduction for pledging their allegiance to our country by meeting a few no-nonsense standards.
To qualify, Patriot Corporations would need to:
They would need to produce at least 90% of their goods and services in the United States and do at least 50% of their research and development in the United States.
Limit top managements' compensation to no greater than 100 times - or 10,000% - of that of their lowest-compensated full-time workers.
Patriot Corporations would commit to their workers by:
Contributing at least 5% of payroll to a portable pension fund and by paying for at least 70% of the cost of health insurance plans.
Finally, Patriot Corporations would:
Comply with federal regulations regarding the environment, workplace safety, consumer protections and labor relations, including maintaining neutrality in employee organizing drives.
And, the incentives would be paid for by closing corporate offshoring loopholes and reining in some of the new tax breaks for millionaires.
Patriot Corporations would be leaders in creating a new patriotic corporate ethic in America - one that unites workers and their employers in the mutual goal of building a stronger, more prosperous, more democratic business sector that can vigorously and proudly compete in the twenty-first-century global economy.
Patriot Corporations would create a new class of companies committed to uphold the dignity and prosperity of American workers as well as to selling their goods in the American market and around the world.
Patriot Corporations are an expression of the American spirit of our fore fathers and mothers when they took that brave step of declaring our independence and creating the United States of America.
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Post by the Scribe on Apr 7, 2020 10:32:52 GMT
Tax filers in most states claim deduction targeted by GOPAssociated Press CHRISTINA A. CASSIDY and DAVID A. LIEB,Associated Press
www.yahoo.com/news/tax-filers-most-states-claim-deduction-targeted-gop-143548715.html
ATLANTA (AP) — A popular deduction targeted in the GOP's overhaul of the tax code is used by more than a quarter of all filers in a majority of states, including many led by Republicans where some residents eventually could see their federal tax bills rise.
The exact effect in every state isn't known, in part because of differences in the Senate and House versions of the bill. But the change to the deduction for state and local taxes could alter the bottom lines for millions of taxpayers who itemize.
Residents in high-tax, Democratic-led states appear to be the hardest hit. But some filers also could be left paying more in traditional Republican states, such as Georgia and Utah where about a third of taxpayers claim the deduction.
"It's a bad deal for middle class families and for most Georgians," said Georgia state Rep. Bob Trammell, leader of the House Democrats.
He said Republicans are eliminating the state and local deduction to help pay for tax cuts for businesses and the wealthy.
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Post by the Scribe on Apr 7, 2020 10:35:17 GMT
This old documentary is very relevant and a warning to all and gives us insight in what the Republicons are trying to do with their tax plan, the economy and deregulation. Republicons will never learn and should never be trusted with any aspects of the American economy. By cutting revenue and betting the economy will take off by feathering the nests of the wealthy and corporations will create another crisis worst than the last. Are they trying to crash the economy just so they can have their dream of devastating social programs or distinguish them altogether?
They use the same old mythical chestnut that free markets free of regulation will save the world when in fact it is only a ploy to satisfy the greedy, wealthy elite donor class and corporations who fund their campaigns and write their legislation at all levels of government, federal, state and local. Alan Greenspan, the biggest proponent of this nonsense and paramour of Ayn Rand (that crotchety old bag lady Libertarians love) had to admit in 2008 after his policies helped crash the economy that he was WRONG. Maybe he can send a memo to Donald Jihad Trump, Paul Ryan and the rest of these nincompoops that their ideas are wrong and dangerous for the well being of our country.
Frontline: The Warning (Must See) Documentary
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Post by the Scribe on Apr 7, 2020 10:35:48 GMT
From what I am hearing tax reform may be in the toilet. At least what the GOP is offering. For one party to try to force through tax reform based on their warped ideology is going to cause big problems. It is better to be a partisan agreement with compromise. Contrary to what the right wing says about Obamacare it was a bipartisan effort and was actually almost what was proposed by the right wing Koch funded Heritage Foundation. After months of hashing it out the program was set to vote on it and not one Republicon would vote for it even after all of their input. What does that tell you? Republicons want a ONE party system in this country and have been doing some evil, undemocratic things to get there.
People should be taxed on their wealth, not their income. Income could be a small part of the equation but it is a way the rich use as a loophole by taking stock options rather than income. They have all kinds of ways to be unpatriotic and greedy. Republican Senator Offers Absolutely CLUELESS Explanation For Why The Rich Shouldn't Be Taxed More
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Post by the Scribe on Apr 7, 2020 10:37:37 GMT
This is telling. Since Reagan came into power and implemented his trickle down economics by cutting taxes on the wealthy the middle class has been decimated. And now RepubliCons are trying to DO IT AGAIN.
Money, power and the American dream Documentary 2017
The documentary compares the access to opportunities of residents of Park Avenue both on the Upper East Side and in the South Bronx.[1][2][3] It draws upon Michael Gross's book "740 Park: The Story of the World’s Richest Apartment Building", which showed that many billionaires live in that building.[1] It goes on to explain that billionaire heir David Koch made significant donations to Paul Ryan in the same way that banker Steven Schwartzman lobbied Charles Schumer—for their own gain.[1] The documentary includes interviews with a doorman at 740 Park Avenue, journalist Jane Mayer, Yale University Professor Jacob Hacker, University of California, Berkeley Professor Paul Piff, and Republican advisor Bruce Bartlett.
***********Do It Again***********
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Post by the Scribe on Apr 7, 2020 10:38:47 GMT
This has been the Republicon plan all along. Get ready to take your parents and grandparents into your home. Without this social safety net they can ill afford to be on their own financially. So in the long run these tax cuts for the wealthy have to be made up somewhere. And THIS is where but there will be other devastating consequences. Same thing for healthcare. Republicons support NO healthcare and will do whatever possible to sabotage any efforts to make it a reality which includes propaganda to make one think they are for it but it is everyone else's fault it can't be done...mostly WE CAN'T AFFORD IT. But we can afford tax breaks for the wealthy, increased military and intelligence funding, wars and other political payoffs.Business Sen. Rubio tells a secret: After giving a tax cut to the rich, GOP will cut Social Security and Medicare Los Angeles Times 1 hour 35 minutes ago .
Advocates for seniors and the middle class have been warning for weeks that the Republican drive to cut taxes for the wealthy is the prelude to a larger attack on Social Security and Medicare. In a videotaped interview with two Politico reporters Wednesday, Sen. Marco Rubio (R-Fla.) said the quiet parts out loud. Asked by interviewers Anna Palmer and Jake Sherman how to address the federal deficit, he replied: “We have to do two things. We have to generate economic growth which generates revenue, while reducing spending. That will mean instituting structural changes to Social Security and Medicare for the future.” (A video of Rubio’s appearance is here, with his remarks on Social Security and ... www.latimes.com/business/hiltzik/la-fi-hiltzik-gop-social-security-20171130-story,amp.html pg2
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Post by the Scribe on Apr 7, 2020 10:42:33 GMT
Bernie’s Prediction On Tax Reform Comes True
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Post by the Scribe on Apr 7, 2020 10:43:05 GMT
BEND OVER AMERICA. THE GOP IS ABOUT TO SCREW THE MIDDLE CLASS AGAIN. FIRST REAGAN, NOW TRUMP. HOW SAD FOR 90% OF US. Senate OKs tax bill as Trump, GOP near big legislative winAssociated Press Alan Fram, Marcy Gordon and Stephen Ohlemacher, Associated Press,Associated Press 46 minutes ago .
WASHINGTON (AP) -- Republicans pushed a nearly $1.5 trillion tax bill through the Senate early Saturday after a burst of eleventh-hour horse trading, as a party starved all year for a major legislative triumph took a giant step toward giving President Donald Trump one of his top priorities by Christmas.
"Big bills are rarely popular. You remember how unpopular 'Obamacare' was when it passed?" Senate Majority Leader Mitch McConnell, R-Ky., said in an interview, shrugging off polls showing scant public enthusiasm for the measure. He said the legislation would prove to be "just what the country needs to get growing again."
Trump hailed the bill's passage on Twitter, thanking McConnell and Senate Finance Committee Chairman Orrin Hatch, R-Utah. "Look forward to signing a final bill before Christmas!" the president wrote.
Presiding over the Senate, Vice President Mike Pence announced the 51-49 vote to applause from Republicans. Sen. Bob Corker, R-Tenn., was the only lawmaker to cross party lines, joining the Democrats in opposition. The measure focuses its tax reductions on businesses and higher-earning individuals, gives more modest breaks to others and offers the boldest rewrite of the nation's tax system since 1986.
Republicans touted the package as one that would benefit people of all incomes and ignite the economy. Even an official projection of a $1 trillion, 10-year flood of deeper budget deficits couldn't dissuade GOP senators from rallying behind the bill.
"Obviously I'm kind of a dinosaur on the fiscal issues," said Corker, who battled to keep the bill from worsening the government's accumulated $20 trillion in IOUs.
The Republican-led House approved a similar bill last month in what has been a stunningly swift trip through Congress for complex legislation that impacts the breadth of American society. The two chambers will now try crafting a final compromise to send Trump.
After spending the year's first nine months futilely trying to repeal President Barack Obama's health care law, GOP leaders were determined to move the measure rapidly before opposition Democrats and lobbying groups could blow it up. The party views passage as crucial to retaining its House and Senate majorities in next year's elections.
Democrats derided the bill as a GOP gift to its wealthy and business backers at the expense of lower-earning people. They contrasted the bill's permanent reduction in corporate income tax rates from 35 percent to 20 percent to smaller individual tax breaks that would end in 2026.
Congress' nonpartisan Joint Committee on Taxation has said the bill's reductions for many families would be modest and said by 2027, families earning under $75,000 would on average face higher, not lower, taxes.
The bill is "removed from the reality of what the American people need," said Senate Minority Leader Chuck Schumer, D-N.Y. He criticized Republicans for releasing a revised, 479-page bill that no one can absorb shortly before the final vote, saying, "The Senate is descending to a new low of chicanery."
"You really don't read this kind of legislation," Sen. Ron Johnson, R-Wis., told home-state reporters, asked why the Senate was approving a bill some senators hadn't read. He said lawmakers needed to study it and get feedback from affected groups.
Democrats took to the Senate floor and social media to mock one page that included changes scrawled in barely legible handwriting. Later, they won enough GOP support to kill a provision by Sen. Pat Toomey, R-Pa., that would have bestowed a tax break on conservative Hillsdale College in Michigan.
The bill hit rough waters after the Joint Taxation panel concluded it would worsen federal shortfalls by $1 trillion over a decade, even when factoring in economic growth that lower taxes would stimulate. Trump administration officials and many Republicans have insisted the bill would pay for itself by stimulating the economy. But the sour projections stiffened resistance from some deficit-averse Republicans.
But after bargaining that stretched into Friday, GOP leaders nailed down the support they needed in a chamber they control 52-48. Facing unyielding Democratic opposition, Republicans could lose no more than two GOP senators and prevail with a tie-breaking vote from Vice President Mike Pence, but ended up not needing it.
Leaders' changes included helping millions of companies whose owners pay individual, not corporate, taxes on their profits by allowing deductions of 23 percent, up from 17.4 percent. That helped win over Wisconsin's Johnson and Steve Daines of Montana.
People would be allowed to deduct up to $10,000 in property taxes, a demand of Sen. Susan Collins of Maine. That matched a House provision that chamber's leaders included to keep some GOP votes from high-tax states like New York, New Jersey and California.
The changes added nearly $300 billion to the tax bill's costs. To pay for that, leaders reduced the number of high-earners who must pay the alternative minimum tax, rather than completely erasing it. They also increased a one-time tax on profits U.S.-based corporations are holding overseas and would require firms to keep paying the business version of the alternative minimum tax.
Sen. Jeff Flake, R-Ariz. — who like Corker had been a holdout and has sharply attacked Trump's capabilities as president — voted for the bill. He said he'd received commitments from party leaders and the administration "to work with me" to restore protections, dismantled by Trump, for young immigrants who arrived in the U.S. illegally as children. That seemed short of a pledge to actually revive the safeguards.
The Senate bill would drop the highest personal income tax rate from 39.6 percent to 38.5 percent. The estate tax levied on a few thousand of the nation's largest inheritances would be narrowed to affect even fewer.
Deductions for state and local income taxes, moving expenses and other items would vanish, the standard deduction — used by most Americans — would nearly double to $12,000 for individuals and $24,000 for couples, and the per-child tax credit would grow.
The bill would abolish the "Obamacare" requirement that most people buy health coverage or face tax penalties. Industry experts say that would weaken the law by easing pressure on healthier people to buy coverage, and the nonpartisan Congressional Budget Office has said the move would push premiums higher and leave 13 million additional people uninsured.
Drilling would be allowed in the Arctic National Wildlife Refuge. Another provision, knocked out because it violated Senate budget rules, would have explicitly let parents buy tax-advantaged 529 college savings accounts for fetuses, a step they can already take but which anti-abortion forces wanted to inscribe into law. There were also breaks for the wine, beer and spirits industries, Alaska Natives and aircraft management firms.
___
Associated Press writers Andrew Taylor in Washington and Scott Bauer Milwaukee contributed to this report.
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Post by the Scribe on Apr 7, 2020 10:43:35 GMT
History is repeating itself...... Full Show 11/11/15: How Reaganomics Killed America’s Middle Class I don't need any convincing about Reagan, incidentally, since, during his two terms as California governor and the two terms he was President, the son-of-a-b**ch was the smiling face of American fascism (IMHO).
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Post by the Scribe on Apr 7, 2020 10:49:13 GMT
This guy lies and then finally admits to his lie and the lies again. Good grief!
"WHY DO 80% OF THE TAX CUTS GO TO THE RICH??!!" Chris Wallace CONFRONTS Trump Lackey Steven Mnuchin starts at 25:00
Published on Nov 19, 2017
In a heated interview on Fox News, Chris Wallace brilliantly destroys Trump lackey Steven Mnuchin on Trump's disastrous plan to cut taxes on the rich and hurt everyday Americans!
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Post by the Scribe on Apr 7, 2020 10:49:46 GMT
AMERICA is being FINANCIALLY RAPED BY the REPUBLICANS which is nothing new. All of their legislation whether passed or not was written to feather the nests of corporations, the wealthy and in short the Republicon donor class. So called Patriotic spending on the military expecially during their fake wars has benefitted republicon war profiteers (their donors) big time which was all a part of their secret agenda. The result is the creation of more enemies and terrorists. All they have to do is say they are Pro Life and mention God and the faithful idiots will vote their way. Add that to voter suppression and other election shenanigans and they can usually pull off an election win. Never mind that under conservative administrations abortion rates rise, suicides rise, poverty rises and economies crash. Main Street loses but so does Wall Street and if they lose big time then Main Street is forced to bail them out but who bails out Main Street? Trump’s Treasury Dept embarrasses itself with one-page ‘analysis’ 12/11/17 12:57 PM—Updated 12/11/17 01:55 PM By Steve Benen
As regular readers know, Treasury Secretary Steven Mnuchin assured lawmakers and the public that he had dozens of officials working on creating a detailed analysis of the Republican tax plan he helped craft. The report, Mnuchin added, would be available before Congress voted.
None of that was true. The New York Times reported two weeks ago that officials inside the Treasury’s Office of Tax Policy claim to have been “largely shut out of the process” and haven’t “worked on the type of detailed analysis” that Mnuchin described.
The Rachel Maddow Show, 11/30/17, 9:17 PM ET
Treasury Secretary Mnuchin fails to deliver promised tax report
Two weeks later, the good news is that Donald Trump’s Treasury Department has prepared an analysis and made it available to the public. The bad news is, it’s so absurd, I almost feel sorry for the officials who work there. Politico reported:
The Treasury Department said Monday that the GOP tax plan currently before Congress would need an assist from other Trump administration priorities to pay for itself.
Tax cuts alone aren’t enough, Treasury said in a one-page analysis, citing welfare reform and infrastructure spending as additional boosts to the economy.
The entire document is online here (pdf). www.treasury.gov/press-center/press-releases/Documents/TreasuryGrowthMemo12-11-17.pdf
There are three key angles to this, and let’s start with the substance of the Treasury’s document. Congressional Republicans and the Trump administration have sworn up and down that the GOP’s tax package would pay for itself, ignoring the conclusions of every independent analysis, including data from Congress’ own Joint Committee on Taxation.
The Treasury Department argued this morning that the Republican promise will prove to be true if (a) we assume that the regressive tax breaks supercharge the economy; and (b) policymakers also agree to pass Trump’s non-existent infrastructure plan, Trump’s non-existent welfare reform plan, and wait for Trump’s regulatory reform plan to work wonders.
In other words, the Trump administration is conceding that Republicans are wrong about one of the core promises of the party’s own tax plan. The Treasury effectively declared this morning, “The tax plan will pay for itself if everyone agrees to pass a bunch of other proposals, which haven’t been written, and which have nothing to do with the tax plan.”
Second, let’s not skip past that “welfare reform” tidbit too quickly. Trump’s Treasury Department is now saying, in writing, that Republicans can pay for tax breaks for the wealthy, not only by raising taxes on the middle class, but by cutting benefits to the nation’s most vulnerable. The document is describing class warfare at its most depraved – taking money from food-stamp beneficiaries, and giving it to millionaires.
And third, the entire Treasury Department analysis literally fits on one page. If we exclude the headline, the document isn’t quite 400 words (by comparison, the blog post you’re reading right now is 622 words).
What the Trump administration released this morning isn’t an analysis of tax legislation; it’s a joke. Treasury officials had plenty of time to do a thorough policy review, even massage the numbers in a favorable way, and produce something that wasn’t laughable, and all they ended up producing is a one-page document that further contradicts the Republican line about the GOP tax plan paying for itself.
Maybe Treasury did a real analysis and Mnuchin threw it away because it was a political disaster. Maybe qualified officials were told what to write, but they couldn’t defend the indefensible. Either way, today’s report is an embarrassment.
Postscript: I’m thinking about starting a new “one-page” franchise, counting the instances in which Trump World keeps important documents to a single page. The White House’s original tax “plan,” for example, was one page. Four months later, Republican officials released a revised tax blueprint, which was even shorter. Trump also reportedly likes to keep intelligence briefings to one page.
Policy depth isn’t exactly this gang’s top priority
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Post by the Scribe on Apr 7, 2020 10:51:21 GMT
Quote by ronstadtfanaz from FOX NEWS article:
Chris Wallace confronts Trump lackey Steven Mnuchin?? Isn't that a bit like the pot calling the kettle black, since Wallace works for the same f***ing so-called "news" organization that went a long way to putting Trump and Mnuchin in their positions of power?
And please let's not get into our heads the idea that Wallace or Fox are suddenly cheerleaders for the middle class. They don't give a s**t about us anymore than Trump or Mnuchin do. Case closed (IMHO). Chris has done that before on occasion which surprised me too. Maybe his father's conscience rubbed off on him. FOX seems to tolerate him probably because he is one of the few that gives them their only credibility.
Quote by ronstadtfanaz: I think they'd take propaganda over credibility in the main; and besides, a few occasions where Wallace has done this doesn't necessarily mean that he's inherited his father's tenacity, because he's getting his paychecks from Rupert Murdoch. Besides, practically other time, he's much like, say, Brent Baier, Sean Hannity, Shepherd Smith, and Neil Cavuto: empty suits that are not hanging properly on the rack.
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Post by the Scribe on Apr 7, 2020 10:51:50 GMT
Trump says Republicans are just 'days away' from tax cut bill – maybe The rich win big in the final GOP tax-cut bill Rick Newman Columnist , Yahoo Finance•December 13, 2017
Puzzle this out:
In the original tax-cut bill passed by the House in November, the top income tax rate remained unchanged at 39.6%.
In the Senate bill that passed in early December the top rate came down to 38.5%.
Then, House and Senate negotiators met to hash out a final bill both chambers would vote on. In most negotiations, when there are differences, you meet in the middle and compromise. That might have produced a top rate of 39% or so.
But the final tax-cut bill Congress has come up with reportedly cuts the top rate all the way to 37%--lower than either the House or the Senate proposed in its initial legislation. Imagine such bargaining over the price of a house, with the seller asking $300,00 and the buyer offering $275,000—and both parties, in the end, agreeing on a final price of $250,000. Does. Not. Compute.
It does in Washington, however, since lobbyists and megadonors, rather than common sense or public interest, seem to be calling the shots. There’s nothing inherently wrong with cutting the top income-tax rate, as long as it’s done as part of a package that spreads the goodies around more or less fairly.
The GOP tax plan doesn’t do that, however. About two-thirds of the $1.5 trillion in total tax cuts will go toward businesses, with much of the rest benefitting the highest earners. The middle class will enjoy a relatively small portion of the overall windfall—and some families will actually end up paying more.
Cutting the top individual rate to 37% is especially audacious given that Americans already think the tax cuts heavily favor the wealthy at the expense of the middle class. And that was before GOP leaders outlined the final bill, with the new cut in the top rate. The wealthy will already benefit from other provisions, such as the sharp curtailment of the alternative minimum tax and reductions in the tax burden for privately owned businesses. Piling one more goodie into the gilded grab bag of the 1 percent won’t bring many skeptical voters around.
This comes as President Trump is attempting to send the opposite message—that the GOP tax cuts will directly benefit the middle class. In a White House speech on Wednesday afternoon, Trump highlight five families in attendance whose tax bills, he claimed, would shrink under the GOP tax plan. And he repeated a White House claim that corporate tax cuts alone would boost the take-home pay of a middle-class family by $4,000 (but not until several years down the road, which Trump didn’t mention).
The showmanship is unlikely to sway voters who are running the numbers on their own taxes, and growing increasingly worried about losing tax breaks that help them get by today. Among the potential losers: Grad students who get a tax break on debt used to help pay for tuition, people who deduct costly medical expenses, and business owners in high-tax states such as New York and California who depend heavily on a deduction for state and local taxes, which Congress plans to slash.
Worry not! That seems to be the message from Republicans in Washington. With little time to spare, Congress seems likely to pass the tax cuts by the end of the year, with Trump signing them and declaring that they will bring unprecedented prosperity to the American people.
Or at least a few of them.
Confidential tip line: rickjnewman@yahoo.com. Encrypted communication available.Gaming the GOP Tax Plan: Why Deficits Could Rise Much Higher Than ExpectedThe Fiscal Times Yuval Rosenberg,The Fiscal Times Tue, Dec 12 11:56 AM MST . The Republican tax cut plan is projected to balloon the deficit by at least $1 trillion, but that forecast might be far too low, writes New York’s Jonathan Chait.
Why? “Because the design is a sieve. Thirteen top tax lawyers studied the House and Senate versions of the tax cuts, and produced a 35-page analysis laying out the various loopholes and games the bill would open up. … Republicans are injecting the tax code with innumerable opportunities for people who have good accountants to avoid the nominal income tax rates. It’s hard to model the effect of something like this on the budget, because it’s hard to find any good examples of something quite so shoddy and corrupt.” Meghan McCain has harsh words for Bannon after Moore lossMeghan McCain, the daughter of Arizona's senior senator John McCain, had three simple words for Breitbart News' Steve Bannon after Democrat Doug Jones defeated Bannon's favored candidate, Republican Roy Moore, in Tuesday's special election for Alabama's open Senate seat.
"Suck it, Bannon," McCain tweeted Tuesday night.
Bannon passionately campaigned for Moore, and after allegations of sexual misconduct against the Alabama Republican surfaced, he campaigned ever harder. He savaged Republicans like Senator Majority Leader Mitch McConnell and Mitt Romney who called for Moore to drop out of the race in the wake of the allegations.
Bannon is trying to lead a populist insurgency within the Republican party and has declared a "season of war" against what he considers the "GOP establishment" — in which he includes Meghan McCain's father.
William Cummings | USA TODAY Updated 8 hours agoRepublicans strike deal on tax plan as they rush to pass it before arrival of Alabama's new Democratic senator The Independent Alexandra Wilts,The Independent 4 hours ago .
Senate and House Republicans have struck a tentative deal on a tax plan as they race to get a final measure on President Donald Trump’s desk by Christmas.
At the same time, Democrats are urging Republicans to delay the process until a newly-elected Democratic senator from Alabama, Doug Jones, is seated - currently expected not to be until after the Senate wraps up its work for the year.
In a stunning upset on Tuesday, Mr Jones defeated his Republican opponent Roy Moore in a special election, flipping control of the seat and reducing the Republican Senate margin to 51-49. Senator Ron Wyden, the top Democrat on the finance committee, wrote on Twitter: “The people of Alabama have spoken. Republicans and the administration must drop their partisan attempts to rush a corporate handout through Congress until Senator-Elect Jones is sworn in.”
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