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Posts Tagged ‘taxes’
November 19th, 2017 - 8:12 pm § in Donald Trump, Politics
The Secret of Successful Investing
It’s simple, really. You donate millions to the GOP and get back billions in tax cuts. The payoff can be as high as $3,446 gained for every $1 spent (see, e.g., Koch brothers). The secret is obvious: If you want to do well, buy politicians. But wait, there’s more! Republicans are about[...]
November 3rd, 2017 - 10:42 pm § in Politics
The GOP tax bill in a nutshell
What the GOP’s tax scheming is REALLY about (as if you need to be told). First, some historical background: “The United States is the richest country in the history of the world. Last year, the genius and muscle of the American people generated more than $18.6 trillion in wealth. This ye[...]
September 23rd, 2017 - 1:21 pm § in Schools & Colleges
Why Uncle Sam should pay off everyone’s student debt
Republicans want to cut taxes by $1.5 trillion. If past practice is any guide, most of these tax cuts will go to the rich, who won’t invest it to create new jobs. (And if they did, it’s hard to see how they’ll fill them, because the U.S. economy already is at full employment and ha[...]
July 26th, 2017 - 4:05 pm § in Donald Trump
Will Trump Tax the Rich?
STEVE BANNON PUSHING FOR 44 PERCENT MARGINAL TAX RATE ON THE VERY RICH Steve Bannon is pushing for a new 44 percent top marginal tax rate for taxpayers earning more than $5 million a year! The the revenue would pay for tax cuts for the middle class. This seems utterly at odds with Trump̵[...]
July 10th, 2017 - 11:10 am § in Schools & Colleges, The Ave Scene
The State Budget: Victory of Teachers’ Unions, The Rest of Education NOT SO MUCH
From The Seattle Times: Where does the new state education fund go? TEACHER SALARIES: The budget plan will shift the burden of covering teacher-salary costs to the state to comply with McCleary v. Washington. Lawmakers plan to do this by instituting a state property-tax hike in property-rich school [...]
July 9th, 2017 - 10:22 am § in The Ave Scene
An Alternative to Seattle’s Income Tax?
Oregon Legislature Approves Plan to Start Charging Tolls on Two Interstate Highways Running Through Portland Why not a CITY TOLL on I5? The money could be used for mass transit![...]
July 5th, 2017 - 8:19 am § in The Ave Scene
Blue state? Seattle gets rolled in Olympia tax deal
Democrats capitulated to a Republican plan that hammers Seattle and the suburbs with one of the largest property-tax increases in local history. While at the same time passing a bunch of tax loopholes for businesses. How is it that Republicans roll the Democrats every year in Olympia?[...]
July 3rd, 2017 - 9:30 am § in Misc.
Sweetheart Tax Deal in State Budget
How tax cuts for business showed up — quietly — in state budget as homeowner taxes increased A big tax cut for manufacturing businesses was passed by the Legislature with little public notice after a last-minute demand from Republicans during budget talks to avoid a government shutdown. [...]
June 27th, 2017 - 8:07 am § in The Ave Scene
GOOD NEWS FROM OLYMPIA
Reuven Carlyle We appear to be moving toward a state budget and the largest reform of education finance in our state’s 128 year history. #waleg Regardless of how it unfolds, I’m grateful for the enormous dedication of budget writers working 7×24 for a responsible agreement. And yet [...]