Tax

To offset the economic damage caused by the coronavirus, President Donald Trump touted a "very substantial" cut to payroll tax as part of a plan set to be unveiled.

With all due gratitude to charities and fundraisers, scientists overwhelmingly agree that only massive, fully-funded government action can stop this devastation. Even Bill Gates says so.

"The proposed U.S. sanctions are simply unacceptable," said Bruno Le Maire, the French Economy and Finance Minister. "French taxation on the digital giants aims to restore fiscal justice."

"We are going to make massive corporations finally pay their fair share," Sanders said.

"The goal of this income inequality tax is not just to raise more revenue. It is to send a message to corporate America: stop paying your workers inadequate wages while CEOs make outrageous compensation packages."

Texas Senator Ted Cruz leading Republican charge to change capital gains tax rules by using executive authority rather than seek Congressional approval.

"Our many companies and jobs that have been foolishly allowed to move South of the Border, will be brought back into the United States through taxation (Tariffs)," the president wrote.

The Californian Democrat let rip against the U.S. president.

"The bottom line: Republicans sold the tax scam as a way to create jobs and help workers. They lied," Bernie Sanders tweeted

The Fox & Friends co-hosts were appalled by the "disturbing" leaks of President Donald Trump's tax documents to The New York Times Tuesday, but hailed him as a "bold businessman" for reportedly losing more than $1 billion between 1985 and 1994.

"Congress should let Mnuchin choose: He hands over the tax returns or he goes to the slammer."

"The reality is President Trump's economy is growing 50 percent faster," Peter Morici said. "During Obama's time, inequality increased. Now inequality is decreasing."

"I'm in favor of the idea in terms of sending the message that [Trump] ought to release his tax returns," former White House ethics chief Richard Painter said.

Clinton hypothetically questioned why China shouldn't find Trump's tax returns, mirroring the president's appeal to Russia to find Clinton's deleted emails.

The lawsuit alleged that the Democratic Party had "declared all-out political war" against the president and was using subpoenas as "their weapon of choice."

Nearly 50 percent of households will get a break of more than $500 this year, but it doesn't seem that way to a lot of Americans.

Top Republicans Mitt Romney, Mick Mulvaney and Jay Sekulow said Democrats will "never" see President Donald Trump's tax returns.

"In effect this will disenfranchise people who are too poor to pay some of the costs that are associated with a conviction," the ACLU attorney said.

Abigail Disney, heiress to The Walt Disney Company, railed against CEOs collecting too much pay and is demanding Americans start taxing the wealthy.

"This isn't a joke, this is actually what Democratic presidential candidates are running on in 2020," the Trump Make America Great Again committee wrote in an email to supporters.

"People are going to be very shocked about his finances," the biographer said.

Earned Income Tax Credit, or EITC, has been around for decades—but it can be the basis of a revolutionary change across America.

The time will come very soon when the U.S. and individual states will no longer be able to rely on fuel taxes to mend American roads.

Blanchett also misrepresented his actual income.

"You think I'm going to let you stand by? Someone who's done nothing but steal and lie and undermine?"

Federal policy is a logical place to start, but state policymakers are missing a key opportunity if they don't join this national conversation.

The president said he was "alarmed by new calls to adopt socialism in our country."

The magic word is "predistribution."

Almost half of Republicans agreed with Ocasio-Cortez's proposal, despite it being met with much criticism.

The Nordic countries Democrats so adore don't merely tax the hell out of the rich—they tax the hell out of everyone.