Tax cuts
Joe Manchin's Tax Block Could Protect His Private Equity Donors
Manchin's proposed change would have a huge impact on how the Biden infrastructure plan is paid for, while largely preserving a tax policy that delivers a windfall to a tiny handful of executives at major corporations.
The GOP Needs A Pro-Growth Message and Pro-Growth Messengers
Growth matters. The Republicans who followed Reagan into the White House either didn't get it or couldn't explain it.
Last-Minute Provision Blocks GOP Govs from Using Stimulus to Fund Tax Cuts
Senate Majority Leader Chuck Schumer slipped language into the American Rescue Plan designed to keep Republicans from using federal funds to subsidize tax cuts for corporations or rich people.
AMPLIFY - Finance
How Do I Pay Income Taxes When Working Remotely in a Different State?
Were you working in a state different than where your company is? You can be taxed by multiple states. Learn about the state of domicile, state of residence, how to check if you qualify for tax relief and the list of states that won't charge you if you worked there temporarily.
Billionaire Robinhood Hero Palihapitiya Is a Pushback on Progressive Dems
Palihapitiya is a corporate-friendly, Third Way centrist, with a sprinkle of social justice rhetoric but also an intense devotion to libertarian free-market triumphalism.
Trickle-Down Economics Doesn't Work but Build-up Does. Is Biden Listening?
The returns from major public investments are huge. The costs of not making them are astronomical.
Biden Tax Calculator, How Democrat Candidate's Plan Will Affect You
Biden's tax plan could see marginal tax rates rise for the top 1 percent of earners, while middle class families will see tax cuts, according to several think tanks.
Joe Biden Tax Plan Will See Highest Marginal Rates in These 5 States
The marginal state and local tax rates under Biden's tax proposal would be the highest they have been since 1986.
Buttigieg Criticizes Trump's 'Deficit-Exploding Tax Cuts'
"The bottom line is, you have to pay for what you get," the former Democratic presidential candidate said.
How Trump Can Weaponize the DACA Decision and Cut Taxes
The president could take the concept of deferred action and use it to unleash economic growth.
'Life and Death': Pelosi Explains How Congress Can 'Keep Writing Checks'
Pelosi asked where so-called "fiscal conservatives" were when Trump and Republicans gave tax cuts to "the wealthiest 1 percent of Americans" in 2017.
Hillary Clinton Rips Trump's Economy, Coronavirus Response, Tax Cuts
The former secretary of state said the Trump administration's attempts to contain the coronavirus are exposing his lack of investment in infrastructure or the country's future.
Corporate Social Responsibility Is a Sham
The truth is, American corporations are sacrificing workers and communities as never before.
New Congressional Report Finds 2017 Tax Cuts Did Not Live Up to Promises
Among the report's top findings was that the 2017 Tax Cuts and Jobs Act has resulted in average GDP growth identical to growth prior to the law's enactment.
Giving Tuesday 2019 : Reports Show Trump Tax Cuts Reduced Individual Donors
The 2017 tax overhaul expanded taxpayers' standard deduction but made millions of Americans ineligible to claim a tax break for donating to charities—leading to a decline in giving to these organizations.
Fox Host Describes Sanders' Criticism of Billionaires as a 'Powerful Line'
Trump 2020 press secretary Kayleigh McEnany argued in response that the Democratic presidential candidate wants to "abolish the American dream."
Sanders, Warren Call Out FedEx for Paying $0 in Taxes After Trump Cuts
Senators Bernie Sanders and Elizabeth Warren both blasted FedEx and President Donald Trump's "corporate elite" tax cuts for allowing the courier giant to avoid paying any federal taxes.
U.S. Deficit Skyrockets 26 Percent Over 2018, Trump Tax Cuts Blamed for Gap
The 2019 U.S. federal deficit increased 26 percent over 2018 and has more than doubled since 2015, the Treasury Department said Friday.
Economists Shape Our World and Luckily the Nobel Committee Understands Them
Here's to you, Professors Banerjee, Duflo and Kremer. Congratulations! Now tell me whether we should increase or decrease aid to developing nations. Using very short words, please.
Trump Tax Cuts Helped Super-rich Pay Lower Rate Than Bottom 50%: Economists
The Tax Cuts and Jobs Act sharpened the decline in a tax rate paid by America's 400 wealthiest families, a new analysis shows.
Bank of America Chief: Consumer Spending Will Keep Economy in 'Good Shape'
"The underlying consumer is doing well and making more money. More importantly, they're spending more money."
Are Republicans Underfunding the IRS to Help Corporations Pay Less?
"Cutting budgets is one way to handicap an agency without eliminating it altogether," said Bridget Stomberg, an associate professor of accounting at the Indiana University Kelley School of Business.
Republican Tax Bill Leads to Record-Breaking Drop in Corporate Revenues
The co-author of the Republican tax bill admitted that it's "hard to know" what the economic benefits of the cuts will be as corporate revenues drop 31%
Disney, Netflix and All the Other Companies Potentially Boycotting Georgia
In early May, Georgia's Governor Brian Kemp signed a bill that would make abortion illegal after a fetal heartbeat is detected.
Ocasio-Cortez: Wealthy Get Tax Cuts While Those in Need Get Housing Cuts
"This is morally wrong, and it's also fiscally unnecessary," Representative Alexandria Ocasio-Cortez of New York said.
Lindsey Graham Advised Mitch McConnell on Trump
Senate Majority Leader Mitch McConnell, not known for grandstanding, has been forced into a marriage of convenience with the ostentatious president.
Trump Tax Cuts Hand Banks $28.8 Billion Bonus
President Trump's $1.5 trillion tax cuts package fueled profits in the banking sector during 2018.
Trump's Tax Cuts, Deficit, and 'Misleading' $22T Debt
Under President Donald Trump, the gross national debt hit a new record. But there's more to this figure than first appears.
Trump: Middle Class Tax Cuts Before November
"Not for business at all, for middle income people," said Donald Trump.
U.S. Budget Deficit Grows 17 Percent in 2018
Increased spending in 2018 bumped the deficit up 17 percent to $779 billion in fiscal year 2018.