Keyword: taxreform

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  • Ron Paul: New Tax Plan Makes It Easier to 'Ed-exit'

    09/24/2018 7:16:52 PM PDT · by SeekAndFind · 4 replies
    This week the House of Representatives will vote on a package of bills making the temporary tax cuts contained in last year’s tax reform bill permanent and making additional tax law changes. The bills will likely pass in the House, but will almost certainly be filibustered in the Senate if the Senate leadership tries to bring them to the floor. The GOP tax plan does offset some of the damage caused by federal control of education by making it easier for parents to escape failing government schools or “edexit.” It accomplishes this by allowing money saved in a tax-free 529...
  • Repealing SALT deduction cap would largely benefit wealthy: analysis

    09/24/2018 4:59:28 PM PDT · by SpeedyInTexas · 21 replies
    The Hill ^ | 09/24/2018 | Naomi Jagoda
    Repealing the GOP tax law's $10,000 cap on the state and local tax (SALT) deduction would largely benefit wealthy taxpayers, estimates released Monday by the Urban-Brookings Tax Policy Center found.
  • Bill Maher is wrong to root for a recession

    09/24/2018 4:29:42 PM PDT · by grundle · 28 replies
    cnn.com ^ | June 10, 2018 | Dean Obeidallah
    Bill Maher may have made his cruelest and most ill-informed comment yet -- and that says a lot, given his track record -- on his HBO show Friday night. Maher, during a discussion of the economy under Donald Trump, acknowledged that it was "going pretty well." Then Maher, the sometime liberal, shared his hope that the economy would tank to hurt Trump politically: "I feel like the bottom has to fall out at some point. And by the way, I'm hoping for it. I think one (way) you get rid of Trump is a crashing economy." He then jaw-droppingly added,...
  • Cuomo Attacks GDP as Measure of Economic Health [semi-satire]

    09/05/2018 9:57:30 AM PDT · by John Semmens · 4 replies
    Semi-News/Semi-Satire ^ | 2 Sep 2018 | John Semmens
    Gov. Andrew Cuomo (D-NY), anxious to build on the momentum set in motion by his earlier assertion that “America was never that great,” demanded a better measure of the nation's economic health. “I know that the Trump Administration is touting last quarter's 4.2% rise in GDP as a sign that the economy is booming,” the Governor observed. “But is this really the best measure we can come up with? GDP growth never got as high as 3% during the Obama Administration. But can we really say that Americans weren't better off then?” “The problem with GDP is that it is...
  • President Donald J. Trump’s 500 Days of American Greatness

    09/24/2018 11:26:44 AM PDT · by Taxocrats Tax Everything · 4 replies
    White House ^ | 6-4-2108 | White House
    Our families will thrive. Our people will prosper. And our nation will forever be safe and strong and proud and mighty and free. President Donald J. Trump 500 DAYS: In his first 500 days in office, President Donald J. Trump has achieved results domestically and internationally for the American people. Since taking office, President Trump has strengthened American leadership, security, prosperity, and accountability. After 500 days, the results are clear: the American economy is stronger, American workers are experiencing more opportunities, confidence is soaring, and business is booming. President Trump has re-asserted American leadership on the world stage, secured vital...
  • Blue State Blues: Kavanaugh Circus Is a Preview of Democrats’ Return to Power

    09/21/2018 11:36:30 AM PDT · by E. Pluribus Unum · 15 replies
    Breitbart ^ | 21 Sep 2018 | Joel B. Pollak
    If you like what you’ve seen Democrats do in the Brett Kavanaugh hearings, you’re going to love what they do if they win the 2018 midterm elections. They began by trying to prevent the hearings from taking place at all, interrupting repeatedly and demanding votes on frivolous points of order. Then they praised the left-wing radical “protesters” who disrupted proceedings. Then they broke the rules and released confidential information. Now, they want Kavanaugh to face a Kafkaesque show trial. The Democrats are doing their worst because a Supreme Court seat is at stake, and their base will accept nothing less....
  • Photos: ‘Just Like 2016!’ Massive Lines for Trump Las Vegas rally

    09/20/2018 7:06:37 PM PDT · by Hojczyk · 19 replies
    GP ^ | September 20,2018 | Kristinn Taylor
    Photos posted online from Las Vegas show a massive turnout for President’s Trump’s campaign rally being held Thursday night at the Las Vegas Convention Center. The half-mile-plus lines in the 95 degree heat are reminiscent of the huge crowds that turned out in 2015-2016 for Trump’s presidential campaign rallies. The Washington Post’s Ashley Parker reported on the enthusiasm of the Trump supporters, “Some brief anecdotal scene from the Trump rally here in Las Vegas: One woman drove in from San Diego. Another drove 16 hours from Elk City, Idaho. A man and his son flew down from Washington State. And...
  • Kudlow suggests entitlement reform is coming

    09/18/2018 11:17:23 PM PDT · by The_Media_never_lie · 56 replies
    CNBC ^ | 9-18-18 | Jacob Pramuk | @jacobpramuk
    President Donald Trump's top economic advisor has given Democrats fresh ammunition for one of their most used midterm attacks. Asked Monday if the Trump administration would address "entitlement reform," White House chief economic advisor Larry Kudlow said it will "probably" look at "larger entitlements" next year. Entitlement reform generally refers to changes or cuts to large government social programs such as Social Security, Medicare, Medicaid or food stamps.
  • What is California Proposition 6...Repeal of a bogus GAS TAX !

    09/18/2018 9:37:52 PM PDT · by hapnHal · 14 replies
    Sept 18, 18 | hapnHAL
    I believe there is a serious problem with PROP 6. Here is what happened to me today. I went to register my car at an off site non DMV registration office. I ask the owner, whom I have known for years, a question. If she was going to vote YES on Prop 6? Her response "What's Prop 6?" I was shocked. So told her about PROP 6. Also, on my way out of her office, I ran into an old friend who owns a auto salvage yard.. I also asked him about Prop 6 Again he said he never heard...
  • EXCLUSIVE: Trump says exposing ‘corrupt’ FBI probe could be ‘crowning achievement’ of presidency

    09/18/2018 6:20:50 PM PDT · by bitt · 59 replies
    The Hill ^ | 9/18/2018 | JOHN SOLOMON AND BUCK SEXTON
    President Trump in an exclusive interview with Hill.TV said Tuesday he ordered the release of classified documents in the Russia collusion case to show the public the FBI probe started as a “hoax,” and that exposing it could become one of the “crowning achievements” of his presidency. “What we’ve done is a great service to the country, really,” Trump said in a 45-minute, wide-ranging interview in the Oval Office. “I hope to be able to call this, along with tax cuts and regulation and all the things I’ve done… in its own way this might be the most important thing...
  • Why The U.S. Ranks At The Bottom In A Foreign Aid Index (According to this freelance writer)

    09/18/2018 1:55:22 PM PDT · by gattaca · 22 replies
    NPR ^ | September 18, 2018 | Joanne Lu
    The United States' commitment to global development does not look good compared with that of other wealthy countries — and it's likely to get worse. According to an annual index released Tuesday by the Center for Global Development that ranks 27 of the world's wealthiest countries, the U.S. scored dead last on foreign aid contributions and quality — despite being the largest donor in dollar amount. That's because in 2017, it allocated a mere 0.18 percent of its gross national income for development assistance. That is well short of the 0.7 percent that wealthy countries have committed to strive for...
  • Obama repeatedly stutters, talks about himself 79 times while campaigning for candidates

    09/16/2018 12:14:41 PM PDT · by bryan999 · 79 replies
    There were times during a Thursday rally Barack Obama couldn’t help but talk about himself, even though he was supposed to be talking about other people. There were other times he could barely talk at all. During the Cleveland rally for Rich Cordray and Betty Sutton, Obama repeatedly talked about himself, despite the candidates sitting behind him. Several times, he stuttered as he attempted to attack President Trump and the success of recent Republican initiatives.
  • Trump's Space Force could cost nearly $13 billion over 5 years

    09/17/2018 2:47:29 PM PDT · by 2ndDivisionVet · 23 replies
    CNN Politics ^ | September 17, 2018 | Ryan Browne
    Establishing President Donald Trump's sought-after Space Force could cost $12.9 billion over its first five years, according to an Air Force document obtained by CNN. The Air Force estimates that the first year "additive costs" associated with establishing the new military branch in the 2020 fiscal year, including the creation of a headquarters, would amount to $3.32 billion. The document also estimates that the Space Force will oversee some 13,000 personnel when it is officially launched. In a memo accompanying the proposal, Air Force Secretary Heather Wilson calls on Congress to authorize and fund the establishment of a Space Force...
  • Trump holds National Council for the American Worker meeting — live updates

    09/17/2018 12:23:32 PM PDT · by 2ndDivisionVet · 2 replies
    CBS News ^ | September 17, 2018
    President Trump is expected to speak at what the White House is describing as the inaugural meeting of the President's National Council for the American Worker on Monday. The president praised the efforts of first responders after Hurricane Florence lashed out at the East Coast. "Will not rest until that job is done and done perfectly," the president said, according to the White House press pool. "... It's a very dangerous situation. You have collapses. You have slides. Its very scary." The council was formed to develop a national workforce strategy to help students and workers have access to the...
  • Presidential Proclamation on National Hispanic Heritage Month

    09/14/2018 12:45:08 PM PDT · by MarchonDC09122009 · 11 replies
    Whitehouse.gov ^ | 9/13/2018 | President Donald Trump
    Presidential Proclamation on National Hispanic Heritage Month https://www.whitehouse.gov/presidential-actions/presidential-proclamation-national-hispanic-heritage-month-2018/ White House PROCLAMATIONS Presidential Proclamation on National Hispanic Heritage Month, 2018 Issued on: September 13, 2018 During National Hispanic Heritage Month, we honor all American citizens of Hispanic descent and celebrate their rich and vibrant traditions of faith, family, hard work, and patriotism. We are grateful for the innumerable contributions they make to our society, which are vital to our thriving Nation. We are especially grateful for the 1.2 million Hispanic-American men and women who have answered the call to serve in our Armed Forces, demonstrating remarkable loyalty, bravery, and dedication to duty. My...
  • Poll: Mike Braun Leading Joe Donnelly in Indiana Senate Race

    09/13/2018 6:57:24 AM PDT · by mandaladon · 43 replies
    Breitbart ^ | 113 Sep 2018 | Sean Moran
    Hoosier businessman Mike Braun leads Sen. Joe Donnelly (D-IN) in a poll released on Wednesday. A Fox News poll released on Wednesday found that Braun leads over Donnelly–45 to 43 percent—while Libertarian candidate Lucy Brenton has three percent support and eight percent of Indianans remain undecided. The margin of error for the survey is 3.5 percent, making the race a dead heat between Braun and the incumbent senator, especially considering that one-third of Hoosier voters are saying they could change their minds before the November midterm election. The Fox News survey found that 54 percent of Hoosiers approve of President...
  • El-Erian: Trump has a 75% chance of winning the trade war

    09/12/2018 9:17:35 AM PDT · by 2ndDivisionVet · 9 replies
    Yahoo! Finance ^ | September 12, 2018 | Krystal Hu
    President Donald Trump’s trade war may soon escalate if the U.S. slaps more tariffs on import goods from China. Mohamed El-Erian, chief economic adviser at the Allianz Group and former CEO of PIMCO, assuaged U.S. investors by noting that the chance of the U.S. getting a better deal from the trade war is 3-in-4. “I think it’s really important to make a distinction between the journey and the destination,” El-Erian said on Yahoo Finance’s The Final Round on Tuesday. “The journey will involve lots of noise, lots of rhetoric about trade wars, and the technically vulnerable asset classes, such as...
  • Report: U.S. World’s Largest Crude Oil Producer

    09/12/2018 8:36:18 AM PDT · by Hojczyk · 31 replies
    Breitbart ^ | September 12,2018 | Joshua Caplan
    President Donald Trump’s America First energy policy has catapulted the United States to the world’s largest global crude oil producer, according to the Energy Information Administration (EIA). EIA’s Short-Term Energy Outlook (STEO) report states preliminary estimates show the U.S. feasibly overtook Saudi Arabia and Russia to become the top crude oil producer earlier this year. The report notes U.S. crude production in February outstripped Saudi Arabia’s for the first time in over 20 years. Further, U.S. crude production in June exceeded Russia’s crude oil output for the first time since February of 1999. EIA data signals the U.S. will maintain...
  • GOP tries to tighten the screws on Dems with 'Tax Reform 2.0'

    09/11/2018 9:42:24 AM PDT · by SeekAndFind · 19 replies
    The Hill ^ | 09/11/2018 | BY CHRIS WILLIAM SANCHIRICO
    This week, House Republicans are poised to release what they are calling “Tax Reform 2.0," their update to last December’s massive rewrite of the tax code. GOP leaders promise a floor vote by the end of the month. As a matter of substance, and against the backdrop of December’s historic changes, the new proposals are more “0” than “2." But as a matter of politics, they put Democrats in a tough position heading into the midterm elections. Still Democrats may have some options. Based on what we know from brochure-like previews, the centerpiece of Tax Reform 2.0 will be to...
  • Give Trump the Nobel Prize for Economics

    09/10/2018 9:34:15 PM PDT · by Helicondelta · 29 replies
    townhall.com ^ | Sep 11, 2018 | Stephen Moore
    This past week I asked a friend at the White House about how the president was holding up against the onslaught of media attacks. "They didn't even deliver a glancing blow," was the response. It wasn't for a lack of trying. Has any president in modern times been the target of such a Blitzkrieg of orchestrated assaults -- from John McCain's funeral turned anti-Trump scrum to Bob Woodward's discredited new book trashing the president to the media infatuation with the anonymous New York Times op-ed by a disgruntled federal employee who hates President Trump. Here we go again. Trump is...