Tax cuts
Biden's Gas Tax Cut Could Help Democrats, But Make Surging Inflation Worse
A gas tax cut won't do much to fix high prices driven by a supply shock. Experts warn it could actually make inflation worse.
Jerry Springer Says His Show Helped People Accept Donald Trump
The former talk show host said Thursday that "the behavior of some of the people on the show is exactly" like the former president's.
States' Pursuit of Top-Heavy Tax Cuts Is Disconnected from Reality
States have repeatedly tried this approach, always with the false promise that sometime tomorrow, the middle class will benefit from today's tax cuts for businesses and the wealthiest people.
Record Idaho Budget Surplus Has Democrats and GOP Arguing About What to Do
Some Republicans have said that they'll suggest tax cuts, while Democrats have listed affordable child care and housing among their priorities.
Activist Group Battling With Arizona Government Over Ducey's Large Tax Cut
Should the tax repeal survive legal challenges, it'll be on the ballot in November 2022 as Proposition 307.
Judge Blocks Provision Prohibiting States to Use Relief Funds to Offset Tax
Judge Coogler described the tax-cut restrictions as "a federal invasion of State sovereignty" that was "unconstitutionally ambiguous."
Democrats Propose Raising Federal Deduction for State and Local Taxes
The SALT provision allows taxpayers to deduct certain taxes paid to state and local governments from their federal taxes.
Tortured Logic Lets Biden, Pelosi Say $3.5 Trillion Bill Costs Zero Dollars
The administration's massive spending bill is "paid for" by future tax increases. That argument works in D.C., if not in real life.
Majority of Republicans Support Tax Hikes on Americans Earning Over $400K
Thirty-nine percent of GOP voters said they support Democrats' $3.5 trillion "human infrastructure" bill, despite no Republican lawmakers backing the package.
Joe Biden's Stimulus Is Financing GOP's Billionaire Tax Cuts
Republicans are taking advantage of the Biden administration's refusal to enforce a law designed to make sure stimulus money isn't used for tax breaks.
Republican Votes With Dems to Block GOP Tax Cut as Family Evacuates Home
State Rep. David Cook accused GOP leadership of forcing the vote when they were aware that they lacked the votes.
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.