There are only two things worse then an empty canvas: death and taxes.
darn penniesβ on the simple joys of life. Never mind that almost every reputable economist has called this tax bill a sham of handouts for the rich at the expense of the vast majority of Americans & the future economic health of this nation. Never mind that it is filled with loopholes written by lobbyists. Never mind that the wealthiest already speak with the loudest voices in Washington, & always have. Grassleyβs comments open a window to the soul of the current national Republican Party & it it is not pretty. This is not a view of America that I think President Ronald Reagan let alone President Dwight Eisenhower or Teddy Roosevelt would have recognized. This is unadulterated cynicism & a version of top-down class warfare run amok. ~Facebook 12/4/17
Each and every year, the United States loses an estimated $100 billion a year in tax revenues due to offshore tax abuses by the wealthy and large corporations.
The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.
Coal and oil lobbyists added fossil fuels to a bill aimed at helping American manufacturers, so they too could claim 'manufacturing' tax deductions.
Corn is already the most subsidized crop in America, raking in a total of $51 billion in federal handouts between 1995 and 2005 - twice as much as wheat subsidies and four times as much as soybeans. Ethanol itself is propped up by hefty subsidies, including a fifty-one-cent-per-gallon tax allowance for refiners.
Tax cuts for the rich defund the critical public programs on which American families depend.
We cannot allow American taxpayers to foot the bill for tax revenue grabs in Europe and elsewhere.
I will promote savings and investment by maintaining the 15% rate on capital gains and dividends. I will eliminate the tax entirely for those with annual income below $200,000.
Kennedy had already, in 1962, lowered investment taxes on business. And after his tragic assassination, his broader tax proposals were passed into law in early 1964. And they worked. The U.S. economy grew by roughly 5 percent yearly for nearly eight years.
The Congressional Budget Office has been embarrassed repeatedly by making projections based on the assumption that tax revenues and tax rates move in the same direction.
You should be attacking the carbon emissions, period, and whether it's cap-and-trade or carbon tax or whatever, that's the realm in which we should be playing.
When we are asked to bail out corporations and banks, or pass tax bills that shift billions in public dollars out of government, we must ask ourselves, who were we truly sent here to advocate for?
Bats have no bankers and they do not drink and cannot be arrested and pay no tax and, in general, bats have it made.
While Donald Trump believes in huge tax breaks for billionaires, he believes that states should actually have the right to lower the minimum wage below $7.25. What an outrage!
For every benefit you receive a tax is levied.
Ford's federal income tax rate was just 2.3 percent in 2009 even though it made $3 billion in profits.
If we completely repealed the estate tax, it would provide an estimated $32 billion tax break for the Walton family - the founders of Wal-Mart.
The right wing has an ecosystem that is funded by billionaires who want tax cuts.
The income tax is flawed for a number of reasons - it discourages economic growth and encourages a bloated government.
