She gets a special exemption. You didn’t really think Trump would tax his own daughter, did you? Of course not! What kind of father would he be, if he did that? ?Read story here. Photo: No tariff on this! Kinda unfair to Ivanka’s competitors, but what the heck, power has its perks.  [...]
Posts Tagged ‘Economy’
Peter Navarro Cooks Fake News As Economic Policy
Click the image[...]
While US Muddles Along at 2.5%, Canada’s Economy Soars at 4.6%
Canada’s economy continued its hot streak in May, riding broad-based growth led by a surge in oil output, beating already high market expectations and setting off another wave of buying in the high-flying Canadian dollar. Statistics Canada reported that Canada’s real gross domestic product jum[...]
Tax cuts per $1000 by income level
Using data from this chart (click here for source), the average tax cut per $1000 of income is: If your income is $10,000 or less, then $1 per $1000 of income. If your income is $20,000, then $2.50 per $1000 of income. If your income is $30,000, then $6 per $1000 of income. If your […][...]
THE Ave .. State of the Union Speech: The Emperor vs Luke?
So next Tuesday we will have two very different State of the Unions speeches, one by our bizarre President and one by the grandson of John Kennedy. This looks like a scenario from the ultimate Star Wars prequel! The Emperor vs Luke? If you leave partisanship behind, the US is a lot of trouble. N[...]
Sen. Rubio slams tax law after voting for it
Sen. Marco Rubio, a rising GOP star with presidential ambitions, is now criticizing the tax bill he voted for last week. “The Florida Republican told the News-Press of Fort Myers that corporations will largely use their major tax cut to buy back shares or increase dividends to shareholders —[...]
Republicans think you’re stupid.
“Trump, Republican lawmakers and their allies* are betting … ordinary Americans will have no objection if corporations and the wealthy receive the bulk of the tax-cut gains so long as middle class households … also receive some benefits.” (Click here for source.) Polls say t[...]
GOP Rep calls middle-class tax cuts “socialism”
Robert Pittenger, a multimillionaire businessman, barely won a “safe” GOP seat in North Carolina in 2012, and since then has been one of the most dogmatic, closed-minded, radically rightwing — and racist — members of Congress. If you have a pre-existing condition, he says you[...]
Busting the tax stimulus myth
Republicans claim their corporate tax cuts will stimulate investment to create jobs and raise wages: “Big US companies have been piling up cash for years, but they’ve spent little of it on buying equipment and raising wages and other things to grow the economy. Republicans say they know[...]