Bob Lord This is a short one. Our friend, John Huppenthal, has taken to commenting under a pseudonym again. This time, Thucydidees, an intentional misspelling of Thucydides. I’ve made an executive decision here, at least for purposes of my posts. If John wants to comment using a pseudonym, he can do so, but it has to be … Read more
[Cross-posted from Inequality.org]
A major problem with Trump’s proposal to decrease the top corporate income tax rate and the rate of tax paid by owners of businesses not subject to corporate tax is that it won’t accomplish its stated objective of creating jobs and increasing wages.
Does that mean the President has been lying to us? Well, yes.
For those interested, Bernie Sanders’ team has a new video out, which includes a few clips from an obscure Arizona tax attorney. Were I not so technologically challenged, I’d have the video embedded here, but I’m afraid the best I can do is paste in a link. Bernie Sanders’ Facebook page Enjoy.
Distributed by OtherWords.org.
By Jill Richardson
As white people across the nation criticize Colin Kaepernick and other NFL players who “take a knee” for the national anthem, they ought to know something first.
White people in America have no idea what life is like for black people in America.
How can I make such a broad statement? How would I possibly know?
[Distributed via OtherWords.org]
If the president’s tax plan passes, it’ll be like he’s cutting himself a check from the Treasury.
What’s the largest personal stake a U.S. president has ever had in legislation he signed into law? Whatever it was, it’ll be dwarfed by what Donald Trump’s signature will be worth — to himself — if Congress passes his proposed tax plan and puts it on his desk.
If that happens, Trump will be effectively cutting himself a check from the U.S. Treasury for several billion dollars.
Call me cynical, but it seems that’s exactly what Trump has in mind. His plan just fits his tax situation — or what we know of it, without access to his tax returns — too perfectly.
The president’s tax proposal eliminates two taxes that mostly benefit the wealthy, and cuts a third tax roughly in half. That would bestow a windfall worth billions on the Trump family.