Tag: tax cuts

Republicans to Cut Entitlement Programs to Pay for Tax-cuts To The Rich

Inn this June 6, 2018, photo, Senior White House economic adviser Larry Kudlow speaks during a briefing at the White House in Washington. (AP Photo/Susan Walsh)

The crazy thing is much of Trump’s base benefit from these very Entitlement programs, but his base is not rich, and the rich needs this money! It has been reported that the tax plan Republicans enacted will cost Americans $2.3 trillion. An astronomical cost dumped on our back with the sole purpose of giving more… Continue reading Republicans to Cut Entitlement Programs to Pay for Tax-cuts To The Rich

Trump Gets Huge Tax Cut in Senate Obamacare Repeal Bill

U.S. President-elect Donald Trump (L) gives a thumbs up sign as he walks with Senate Majority Leader Mitch McConnell (R-KY) on Capitol Hill in Washington, U.S., November 10, 2016. REUTERS/Joshua Roberts

CNN reports that those in the top 0.1%, earning $5 million or more, would receive an average tax cut of nearly $250,000 in 2026, according to a new analysis by the Tax Policy Center. Those in the top 1%, who earn $875,000 and up, would see an average tax savings of $45,500 a year. Republicans’… Continue reading Trump Gets Huge Tax Cut in Senate Obamacare Repeal Bill