All posts tagged "Tax Law"
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NEWS
IRS Tax Refunds Plunge 8.4% Under New Trump Tax Law: ‘There Are Going To Be A Lot Of Unhappy People’
February 8, 2019The average tax refund from the IRS has dropped 8.4 percent in the first week of...
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NEWS
‘I Voted For You…But You Screwed Us’: Trump Voters Angry They Are Paying More In Taxes Thanks To GOP Tax Law
February 5, 2019The tax-filing season started last week — and some taxpayers might be in for an unpleasant...
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DEMOCRACY
National Debt Clock Manager: No Economist Thought The GOP Tax Bill Was A ‘Good Idea’
September 18, 2018Douglas Durst, the manager of the National Debt Clock, criticized the GOP tax law, saying “the...
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DEMOCRACY
Only 5% Of An Estimated $2.7 Trillion In Profits Parked Abroad Has Returned To US After GOP Tax Cuts
September 17, 2018Just $143 billion of an estimated $2.7 trillion in stockpiled overseas profits has been repatriated back...
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ECONOMY
Federal Deficit Soars 32 Percent To Nearly $1 Trillion Due To GOP Tax Law, CBO Reports
September 11, 2018In the first 11 months of fiscal year 2018, the U.S. federal deficit soared to $895...
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DEMOCRACY
US Debt To Reach 78% Of GDP By The End Of This Year — Highest Level Since 1950: CBO
June 26, 2018The United States is on track to hit record-setting debt as deficit spending under President Trump...
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DEMOCRACY
Sen. Flake Says He Wouldn’t Vote To Make Individual Tax Cuts Permanent, Calling It A ‘Show Vote’
May 10, 2018Sen. Jeff Flake (R-Ariz.), who voted for the GOP tax law, said Thursday that he wouldn’t...
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Corporate Greed
Most Of GOP Tax Law’s Pass-Through Benefit Will Go To Millionaires And Billionaires
April 23, 2018Most of the GOP tax law’s 20 percent deduction for income from pass-through businesses will go...
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DEMOCRACY
Republican Sen. Bob Corker: GOP Tax Law Could Be ‘One Of The Worst Votes I’ve Made’
April 11, 2018Retiring Tennessee Sen. Bob Corker (R) said at a Senate Budget Committee hearing on Wednesday that...
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DEMOCRACY
Starbucks’s Schultz: Trump Tax Cuts ‘Are Robbing From The Future Of Young People’
February 27, 2018In an interview on Fox Business Network’s “Mornings With Maria” Tuesday, Starbucks Executive Chairman Howard Schultz...
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NEWS
Just 2 Percent Say They’ve Received A Bonus Or Raise As A Result Of GOP Tax Law, Poll Finds
January 29, 2018Just two percent of American adults say they received a raise or bonus due to the...
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DEMOCRACY
New York To Sue Trump Over ‘Illegal’ And ‘Unconstitutional’ Tax Law
January 3, 2018New York Gov. Andrew Cuomo (D) announced Wednesday that his state will sue President Trump over...
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Authoritarianism
Trump To First Responders: You Can Be Proud Of Tax Law, ‘That Makes You All Look Very Smart’
December 27, 2017President Trump on Wednesday touted his tax law and bragged about stock market highs while visiting...