Millions Of Middle-Class Families Will See Tax Increases Under The Trump Plan
Spoiler alert: The richest 1 percent of Americans would benefit most from Trump’s proposal.
Spoiler alert: The richest 1 percent of Americans would benefit most from Trump’s proposal.
The International Monetary Fund (IMF), has finally conducted comprehensive research and reported what every conscious human being on Earth already knows like they know the Sun rises in the East; GOP trickle-down economics is a certifiable economic disaster that reliably retards economic growth, kills jobs, and increases income inequality.
Republicans only know one approach to economic policy; the abject failure and scam known as trickle down with a healthy dose of Draconian austerity. Those features epitomize the most recent budget proposal Nobel prize-winning economist Paul Krugman officially and accurately labeled as a “trillion dollar con job.”
House Republicans have once again shown that they have little regard for the average American family or the typical American worker.
t is true that Republican policies are why Americans are rapidly losing economic ground to the few wealthy elites, but the media is not only culpable, they are facilitating this country’s slide into oligarchy by perpetually campaigning for the rich and powerful.
Some people may errantly conclude that Republicans, as typical conservatives, are so set in their ways they are naturally unwilling to change, but although that is a very accurate conclusion, it is not the case when it comes to the nation’s deficit.
Even though most Republican governors are wary of going all-in on tax cuts for the rich and corporations like trickle-down failure Kansas governor Sam Brownback, they are going all in to raise taxes on their poor and middle class residents to avoid putting any “financial strain” on their wealthiest donors and their corporations.
There is nothing as evil, mean-spirited, and pathetic as a mature adult who sees firsthand that something is inherently dangerous to other human beings and should be prevented at all costs, and yet wishes they could do the same thing. Last year, Senate Majority Leader Mitch McConnell, like all Republicans, witnessed the complete economic devastation…
Paul Ryan is quietly working behind the scenes to make sure the next head of the Congressional Budget Office (CBO), Congress’s objective eye in all matters concerning fiscal policy, is an ardent proponent of the Koch’s Americans for Prosperity economic agenda.
There has been relative silence on two new economic reports that put a stake in the economic agenda Republicans are frothing at the mouth to enact should they win control of Congress.
According to a comprehensive study detailing the disparity between red and blue states regarding the level of federal government assistance as it relates to state tax rates, there are three areas that revealed red states are more dependent on the federal government than blue states.
As long as the wealthy continue benefitting from the President’s economic recovery, Republicans will stay the austerity course that continues retarding growth despite one 4th quarter report that GDP ticked up to 3 percent.
it was fairly clear by the giddy-ass grin on Paul Ryan’s face that Senator Murray likely did all the compromising to agree that an austerity budget defying sane economic comprehension.
Ronald Reagan has been dead for over nine years and it is time to kill his absurd notion that cutting taxes on the rich and corporations produces a balanced budget, create jobs and economic growth.
President Obama is putting Republicans in a no-win position with the public by proposing to cut the corporate tax rate in exchange for reforming the corporate tax code.
For some reason, only Republicans remember that it was the poor, public sector workers, and retirees who created the country’s economic malaise, and they are duty-bound to make them pay restitution.
The CBO reported that the nation’s debt is $231 billion less than last year, and they highlighted the fact the declining debt is entirely due to increased revenue and not Republican spending cuts.
Paul Ryan is lying to justify inflicting more pain on the American people for the sheer joy of giving the richest 1% nearly 15% in tax cuts.
One can say with confidence that when Republicans find an economic policy that fails, they are duty-bound to repeat it regardless the consequences.
Republicans never place a high-priority on spending and the national debt until there is a Democrat in the White House that has been a regular occurrence dating back to the Reagan era.
Democratic Governor Jerry Brown fixed California’s deficit via Prop 30, also known as raising taxes. California no longer has a deficit.
A cabal of CEOs who are upset about the fiscal cliff deal are proposing that corporate America bypass the legislative process and lay out a plan for deficit reduction.
Federal law requires Congress to authorize the government to borrow any money that is needed to pay for the programs that Congress has passed.
In spite of the Republican love for bumper sticker slogans, a spending agreement was in the debt ceiling deal. It is called the Budget Control Act.
Republicans are megalomaniacs who will continue punishing the people for re-electing President Obama to raise taxes on the wealthy by holding the economy hostage to enact austerity.
Budget negotiation drama is getting more intense as the fiscal cliff or ‘austerity bomb’ approaches. The stakes for the poor couldn’t be higher
The GOP’s insane obsession with obstructing the President is a danger to economic recovery and 98% of the population.