Treasury Secretary Mnuchin’s Forked Tongue on Tax Cuts for the Wealthy
…that any tax reform that cuts taxes for the middle class will inevitably give tax cuts to the rich. But that’s simply not true. If you “cut taxes across the…
…that any tax reform that cuts taxes for the middle class will inevitably give tax cuts to the rich. But that’s simply not true. If you “cut taxes across the…
…relevance to the real world. The silly argument is that lower taxes on profits imply a lower cost of capital for firms. Investors will demand the same return net of…
Taxes Up 30%! A couple of months ago yours truly complained a bit about some fiscal dishonesty coming from Team Trump: He was basically lying to us hoping the public…
A properly or funded IRS is reaching out to various high-income constituents to collect back taxes. It appears their efforts are paying off in increasing tax collections, Compliance efforts continue…
…tax policy. A fair tax structure means that those earning similar incomes should pay similar taxes and stipulates that taxes should not increase4 income or wealth disparities. Trump’s tax cuts…
…tax receipts as claimed, taxes should be allowed to return. Since the TCJA did not pay for itself, the TCJA was passed using Reconciliation; everything which means everything that was…
…relieving competition. “[Douglas Holtz-Eakin] added that Trump was using the letters to demand attention, but, “In the end, these are letters to other countries about taxes he’s going to levy…
…of what could be done if our leadership considered the needs of millions of the US population. “Raising taxes on the Ultrarich,” Measures to enact a series of tax reforms…
…$160 in taxes. Today, using the converted average income a person would be paying up to 15% of their adjusted income for federal income taxes. They would be paying 25%…
…not punish success to satisfy some false definition of balance.” Id. This is a wrongheaded view of taxes. The radical right uses language about taxes “punishing success” because they see…