TAX CUTS & THE MARKET: NONE
Tax cuts, whether corporate, personal or capital gains, have no discernible affect on stock prices; so, the USA Today analysis shows in the article below: […]
Taxes & Budget
CARRIED INTEREST LOOPHOLE FOR HEDGE FUND MANAGERS….STILL THERE.
How’d you like to pay half? Carried Interest loophole allows private investment’s general partners to pay tax at the long-term capital gains rate of 20%, […]
A COMPETITIVE NATION AND NATION’S TAX RATE ARE NOT RELATED
America cannot achieve full employment, high productivity and broad income distribution by subsidizing a national race to the bottom. National “competitiveness” means full employment, high productivity […]
NO RELATIONSHIP BETWEEN CUTTING TOP RATES & ECONOMIC GROWTH – TWENTY-SEVEN YEARS OF DATA
Growth in the workforce and growth in production drive economic growth. Tax breaks for corporations and the most wealthy do not cause the economy to […]
MOTIVATE STATES TO SOLVE PROBLEMS or CUT OUT INCENTIVES FOR STATES & LOCALS TO SOLVE PROBLEMS
Republicans “conservative principles” call for empowering “local” solutions, exercising “local” problem-solving and stimulating “local” innovation, the states as “laboratories” for policy experiments. To do this, Trump/Republicans […]
ALREADY CORPORATE CONTRIBUTIONS LOWEST SINCE 1944
Individuals & families have contributed between 40% and 50% of federal revenue since 1945. Corporations’ contributions have declined from 10% since 1945. Corporate contributions were […]
TRUMP/REPUBLICANS’ SEARCH FOR A WINNING SCORE
To tell whether a proposed budget will produce a deficit, each budget is “scored. To assure independence, one of two organizations do the scoring: The […]
CURRENT TAX BREAKS FAR EXCEED ALL DISCRETIONARY SPENDING
“Tax breaks are expected to cost the federal government $1.22 trillion in 2015 – more than all discretionary spending in the same year. “… tax […]
WHY TRUMP CARES ABOUT AMT: AMT KEPT TRUMP FROM A 3% TAX RATE IN 2005.
“According to a two-page excerpt from Trump’s 2005 taxes mailed anonymously to Pulitzer Prize–winning investigative reporter David Cay Johnston and published Tuesday by DCReport.org, Trump’s […]
REPUBLICAN/TRUMP TAX PLAN NOT TO BENEFIT THE MIDDLE CLASS, BUT THE MOST WEALTHY
A report from the non-profit Washington-based Tax Policy Center found that taxpayers in the top 1 percent income bracket – above $730,000 – would receive […]