HOW TRUMP BENEFITS FROM HIS TAX PLAN, THEN LIES ABOUT IT.
As owner of numerous pass-through businesses, Trump would benefit from a rate lowered from 39.6% to 25%. The AMT cost Trump $31 million in 2005 […]
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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 […]
RAISING TAXES ON THE RICH BROUGHT ECONOMIC GROWTH, THEN W’S CUTS AND DISASTER
Strong economic growth helps bring down the deficit, bring down unemployment, correct the income slump. From Pappa Bush, through Clinton, then to W lowering taxes […]
NO RELATIONSHIP BETWEEN CUTTING TOP RATES & ECONOMIC GROWTH – SEVENTY YEARS OF DATA
“…[T]he reduction in the top tax rates has had little association with saving, investment, or productivity growth. It is reasonable to assume that a tax […]
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 […]
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 […]
TRUMP/REPUBLICAN TAX REFORM INCREASES TAXES FOR SOME IN THE MIDDLE CLASS, PROVIDES FEW REDUCTIONS FOR THE MIDDLE CLASS. BIG CUTS FOR THE MOST WEALTHY.
A report from Committee for a Responsible Federal Budget said about 12 percent of taxpayers would face an average tax increase of roughly $1,800. This […]
TRUMP/REPUBLICAN TAX PLAN REDUCES PUBLIC RESOURCES, INCREASES CORPORATE PROFITS & 1% WEALTH
CUTTING TAXES REDUCES: Social Security (Family, Old Age & Unemployment Insurance), Health Care (Medicare, Medicaid), Military & Defense, Regulation of Food/Water/Air/Pharmaceutical Quality, National Parks (Monuments & […]
WE ALEADY TAKE DRUGS MADE OVERSEAS….& 80% OF INGREDIENTS COME FROM OVERSEAS
Of all drugs taken by Americans, 40% come from overseas and, of active ingredients, almost 80% come primarily from China and India, but other nations […]
LOWER PHARMACEUTICAL COSTS TO CONSUMERS SIX WAYS
Reduce pharmaceutical costs to consumers by: Allowing customers to purchase pharmaceuticals from other countries (80% of the ingredients are manufactured abroad), Providing for the government […]