Web Analytics
CBO Republican Tax Scam Would Blow 17 Trillion Hole in the

CBO Republican Tax Scam Would Blow 17 Trillion Hole in the

<

CBO: Republican Tax Scam Would Blow $1.7 Trillion Hole in the National Debt

While it's true that the United States' corporate tax rate is exceptionally high on paper, the actual rate that corporations currently pay is much lower ...

Loser: fiscal conservatism. The corporate tax ...

The second group, those making less than $45,000, would receive an average tax cut of just $230, equal to less than one percent of their income.

TPC analysis of Senate-passed tax bill - overall distribution

1 that a GOP proposal for a balanced budget amendment is hypocritical:

Congressman Holding's comment on RBT

CBPP, 2017.10.10.

The analysis by the Joint Committee on Taxation sure doesn't look like they agree.

0

0

We are deep into the third-longest “recovery” since World War II, and we are averaging over a full point of GDP growth less than we have seen in previous ...

Blog_cbpp_tax_savings_obamacare_repeal

How the Senate Divvies Up Its Tax Cuts

Their admittedly rough estimate is that federal revenues would be reduced by close to $6 trillion over 10 years.

Committee for a Responsible Federal Budget, "How PAYGO Rules Could Affect Tax Reform,

What's in the Republican tax reform bill: How rates are changing, and what's next - Washington Post

The state of the American tax system, in 8 charts

Image

Federal Reserve forecasters put the economy's long-term growth rate at 1.8 percent at their September meeting. Other productivity experts have pegged long ...

Mark Wilson/Getty Images

Donald Trump's tax cuts and spending increases are forecast to inflate the US deficit

GOP Tax Cuts Aren't Driving Deficits, Despite What Democrats Say | Stock News & Stock Market Analysis - IBD

Long Islanders protesting for the 99% against foreclosures by banks too big to fail, bailed out by taxpayers. The Republican tax scam, combined with Trump ...

Defined-contribution plans

Dems slam GOP tax plan as deficit-buster, risk to Medicare

Washington Journal News Headlines Viewer Calls, Dec 3 2017 | Video | C-SPAN.org

The second piece of news that came out on November 30, 2017, was from the Treasury Department. During 2017, Trump & his Economic team Gary Cohn & Treasury ...

Fewer covered under AHCA. You KNOW a Republican ...

A reform plan doesn't have to be “revenue neutral,” of course, but politicians would be very reluctant to vote for a package that substantially reduced tax ...

Congressman Tom Suozzi (D-NY) at a Town Hall attended by 150 people in Great Neck, Long Island, says the Republican tax plan would be “devastating for Long ...

Image may contain: 1 person, text and outdoor

A reading of these headlines leads one to believe that a repeal would clearly and decisively be a horror. Two of the stories even seize upon the incorrect ...

Charts: Is the GOP Tax Plan Likely to Raise or Lower Your Taxes?

The following is a chart my team made for me last year. Basically, under current assumptions, entitlements, defense, and interest will take 100% of tax ...

UNDER CURRENT TAX BRACKETS

https://pbs.twimg.com/media/DRhUE07WAAALUdW.jpg

The median salary for women working full-time is about 80% of men's. That gap, put in other terms, means women are working for free 10 weeks a year.

Chart from Joint Committee on Taxation showing that millionaires get a tax cut 145 times as

Gov't owes Americans almost 3 trillion, but they'd rather give tax

GOPers do love sucking on that Koch (money spigot), and will think nothing of screwing the rest of us to do so.

The US Treasury building is literally next door to the White House. Treasury Secretary Steve Mnuchin claimed that over 100 people in Treasury are “working ...

Recent nonpartisan analyses have consistently found that the Republican tax plan, expected to hit the Senate floor for a vote as early as Thursday, would ...

It's possible to exceed potential GDP because it doesn't measure the full capacity of the economy: it measures where the economy should be when it's firing ...

One hundred of the 258 companies (39 percent of them) paid zero or less in federal income taxes in at least one year from 2008 to 2015.

In early December, the GOP-controlled Senate passed by a partisan vote of 51 to 49 its sweeping tax rewrite (with Republican Senator Bob Corker of Tennessee ...

The math doesn't support the narrative that the Corporate Community pays a disproportionate share of the Federal Tax burden. The burden falls on individuals ...

In a humiliating blow for Donald Trump on the world stage, the United Nations General

The experience of the past three decades shows that for the GOP, there are only two certainties in life: debt and tax cuts. But you'd never know that ...

Standard and Poor's 500 Performance During the First 100 Days Bar Chart

Wealth — the value of a household's property and Financial assets, minus the value of its debts — is much more highly concentrated than income.

WASHINGTON — House Republicans narrowly pushed through a major overhaul of the federal income tax code Thursday that would reduce taxes for corporations and ...

Percentage of mortgages originating 2012 to 2015 that were over $500,000

Taking these factors together, the "mystery" of why wages haven't recovered more strongly since the end of the Great Recession appears to be resolved.

June 3-4 – Workshop Sessions at the 2017 Justice Works conference, in Albany • June 21-22 – “24-Hour Vigil to Save Our Health Care” in Columbus Circle, ...

The corruption of the republican party is beyond belief. Corporations make…

Since then, the gap has grown exponentially to the point where by 2016, the Individual Income tax contribution equaled 47.3% to Corporate Income tax ...

Like Reagan and Stockman before him, Bush resorted to the rosy scenario to claim he would halve the budget deficit by 2009. Before the financial system ...

... R-Wis., discussed the American Health Care Act at a news conference in Washington, D.C., last week. The Congressional Budget Office released its review ...

Remember when just a few years ago I was talking about what a big problem Italy's 120% debt-to-GDP ratio was? That's where we are today.

Image

Government analysis shows House tax bill would increase cost of college by $71 billion over a decade

willing workers illustration

Not only has the recovery in US real wages been a bit higher than usual for the last few decades, and especially prominent in the last couple of years, ...

The GOP tax plan is remarkably concise ...

Warren and Sanders Deliver 3-Minute Takedown of GOP's Pro-Billionaire Tax Scam

CreditDoug Mills/The New York Times

With profits near record levels, the companies have all the money they need for new. "

On Tuesday, U.S. Representitive Lee Zeldin met with Vice President Mike Pence in the U.S.

CEO pay has risen exponentially as well, increasing the inequality gap. In 1965, these CEOs made 20 times what typical workers made.

Ryan Cooper: The Republican tax bill is class war

Congressional Budget Office

"Congress created the loopholes in our tax code that allow offshore tax avoidance and force ordinary Americans to make up the difference," the new study ...

FiveThirtyEight.com

Government statistics offer a lot of ways of measuring wage growth. The graphs above are wage growth for "real average hourly earnings for production and ...

DESCRIPTION

Senate Unveils Budget Blueprint Allowing $1.5 Trillion in Tax Cuts - The New York Times

15 Things The GOP Doesn't Want You To Know About Taxes And The Debt | Crooks and Liars

Trump Cuts Taxes for Married Couples, Slashes Taxes for Women With Children

"This is a classic Trump move," Bolt concluded. "He's selling a scam light on details that won't deliver on promises he's making to the people he's selling ...

In total, the House GOP tax plan would raise taxes by 400 percent on many graduate students, the Harvard Crimson estimated. (Photo: Andrew Harrer/Bloomberg)

We estimate that the Ryan budget would increase the unemployment rate by between 0.6 percentage points and 0.8 percentage points. 2. $5.7 Trillion Tax ...

Taking Stock, by Tim Duy: At some point every year I sense a need to reset and clarify my baseline views on the economy and monetary policy.

As the Washington Post summed up the CBO's conclusions regarding the causes of the nation's mounting debt earlier this year, "The biggest culprit, by far, ...

cbocover

(As ThinkProgress and the Washington Post's Lori Montgomery and Ezra Klein all explained, that's likely a conservative estimate.)