The Republican tax cut, which stands as the lone actual big legislative accomplishment of the Trump administration, was sold on a bald-faced lie, and will cost our country more than a trillion dollars. That is the conclusion of a bipartisan team of Harvard economists. Uh... look over there, immigrants!
Since Republicans in Congress passed their sweeping, mind-bogglingly regressive tax legislation in December, people have wondered whether companies will use their tax windfalls on capital investments—also known as “spending money on doing business things, instead of hoarding it”—and how much of this new money would…
Thermo Fisher Scientific is an $86 billion biotech company whose CEO is attempting to pull off his greatest feat yet: convincing his employees that their $500 bonuses are a result of the brilliant economic policies of Donald Trump.
If Donald Trump wasn’t actively insulting people on Twitter everyday, House Speaker Paul Ryan’s Tuesday tweet on “Taxmas” might be a candidate for the worst post of 2017.
Most people don’t like either version of the Republican tax plan, because both will accelerate the upward distribution of wealth and serve as a pretext to decimate our already inadequate and straining social insurance and welfare programs.
Senate Republicans pushing for a vote on their horrible, horrible tax plan later this week got a big win on Thursday from John McCain, who decided that he will vote for the bill.
Senator Steve Daines of Montana said on Monday that he would vote against the current iteration of the Senate’s Tax Cuts and Jobs Act—bringing the total number of Republican Senators who oppose the legislation to two.
Yesterday, Zoltar-esque Trump administration flack Sarah Huckabee Sanders opened the White House press briefing with a long, meandering story that purported to use an analogy about buying beer to explain the logic of the Republican tax cut plan. You may be flabbergasted to learn that this story, which was literally …
In a speech yesterday, Donald Trump said that the “tax reform” bill Republicans are currently pushing would amount to a “pay raise” for Americans. Pshaw. If you want to give Americans a raise, plenty of honest people can tell you how.
Here is exactly how the Republican tax scam works, as explained clearly by one of its proponents.