benson13 Posted February 15, 2020 Share Posted February 15, 2020 “If Trump had wanted to help the middle-class, he would have done so already,” said Tax March executive director Maura Quint. The Tax March movement responded critically on Friday after National Economic Council Director Larry Kudlow revealed that President Donald Trump has instructed him to unveil the second round of what opponents call the GOP “tax scam” ahead of the presidential election in November. “Announcing an ambiguous set of so-called middle-class tax cuts just ahead of the November election is yet another political ploy.” —Maura Quint, Tax March “Announcing an ambiguous set of so-called middle-class tax cuts just ahead of the November election is yet another political ploy,” Tax March executive director Maura Quint declared in a statement. “We know the truth: the first punch of the Trump tax scam brought higher taxes on working people to pay for the massive giveaways to billionaires and corporations,” she said. “And now, to top it all off, Trump is trying to land a second punch to our pocketbooks. The only promise Trump is fulfilling with this second round of tax cuts is his commitment to enrich the rich at the expense of working people.” When Trump signed the Tax Cuts and Jobs Act (TCJA) into law in December 2017, he told reporters at the White House that “corporations are literally going wild over this, I think even beyond my expectations,” shortly after touting the legislation as “a bill for the middle class.” The TCJA slashed the corporate tax rate from 35% to 21% and included various other permanent benefits for companies and wealthy Americans. Although the legislation also included tax cuts for families and individuals, those benefits are set to expire after 2025. “And once the individual tax rates revert to their former levels, a stingier inflation gauge would raise taxes for most households,” CBS News noted in 2017. Fox Business reported Friday that the next round of the administration’s tax agenda is “a middle-class tax cut plan,” and that Kudlow said the president recently told him to “get it out by September,” just two months before Trump will face off with the Democratic Party’s presidential nominee. According to Fox Business: “It’ll come out sometime in September,” Kudlow told Fox Business‘ Maria Bartiromo. The administration, he said, will likely use the Office of Management and Budget Director Russell Vought’s $1.4 trillion budget request to craft the package and make tax cuts permanent. Kudlow said the administration plans to give the middle class a 10% tax cut in addition to strengthening and making permanent “some of the other tax cuts.” Chye-Ching Huang, senior director of economic policy at the Center on Budget and Policy Priorities, tweeted Friday that reporting on Kudlow’s comments was “yet another occasion for a reminder that the 2017 tax law was costly, tilted to the top, and invites tax gaming by the wealthy.” Chye-Ching Huang@dashching Yet another rumor of the Trump Administration working on "tax cuts 2.0" https://thehill.com/policy/finance/domestic-taxes/483087-kudlow-new-tax-cuts-will-probably-come-out-sometime-in … Yet another occasion for a reminder that the 2017 tax law was costly, tilted to the top, & invites tax gaming by the wealthy -- & all attempts at "2.0" since then shares those flaws: https://twitter.com/dashching/status/1194368530088693760 … Chye-Ching Huang@dashching All of these things are pretty much just like the others, tax policy edition. 2017 tax law: tilted to the well-off.https://www.cbpp.org/research/federal-tax/2017-tax-law-tilted-toward-wealthy-and-corporations … 3 10:33 AM - Feb 14, 2020 Tax March’s Quint said Friday that “if Trump had wanted to help the middle-class, he would have done so already. Instead, he continues to push tax giveaways to the wealthy and major corporations while also proposing massive cuts to services that everyday Americans pay into and depend upon.” As Common Dreams reported Monday, just two days after promising that the White House “will not be touching your Social Security or Medicare,” Trump unveiled a budget blueprint for 2021 that calls for doing exactly that. Critics condemend the president’s proposal to cut hundreds of billions of dollars from those and other programs as “savage” and “shameful.” In a floor speech this week, Sen. Sherrod Brown (D-Ohio) tied Trump’s proposed safety net cuts to the administration’s “tax scam” for corporations and the wealthy. Sherrod Brown ✔@SenSherrodBrown President Trump’s budget is his blueprint for how he wants to pay for his #GOPTaxScam - cutting Medicare, Medicaid, and Social Security. 765 1:13 PM - Feb 11, 2020 Twitter Ads info and privacy 396 people are talking about this by Quote Link to comment Share on other sites More sharing options...
benson13 Posted February 15, 2020 Author Share Posted February 15, 2020 If you think the GOP will do anything for anybody other than the ultra wealthy and large corporations. . . you have not been paying attention or you are a MAGA rube. Why hasn't this basic economic information received much wider play in the media?...because Prez Moron creates so many distractions with his continued scandals and efforts to turn our justice system into one that resembles a Banana Republic! Quote Link to comment Share on other sites More sharing options...
MidnightMax Posted February 15, 2020 Share Posted February 15, 2020 3 minutes ago, benson13 said: If you think the GOP will do anything for anybody other than the ultra wealthy and large corporations. . . you have not been paying attention or you are a MAGA rube. Why hasn't this basic economic information received much wider play in the media?...because Prez Moron creates so many distractions with his continued scandals and efforts to turn our justice system into one that resembles a Banana Republic! ^^^^ SCHITSTAIN HATES having MORE MONEY IN HIS POCKET!!! Explain that one, MORON!! Quote Link to comment Share on other sites More sharing options...
benson13 Posted February 15, 2020 Author Share Posted February 15, 2020 You've chosen to ignore content by MidnightMax 3-Votes LOSER.....you trying to say something again? Quote Link to comment Share on other sites More sharing options...
Squatchman Posted February 15, 2020 Share Posted February 15, 2020 Trump is lying again. Who would have thunk it? Quote Link to comment Share on other sites More sharing options...
Squatchman Posted February 15, 2020 Share Posted February 15, 2020 Just now, benson13 said: You've chosen to ignore content by MidnightMax 3-Votes LOSER.....you trying to say something again? Poor 3 votes max. He is not exactly swift is he? Quote Link to comment Share on other sites More sharing options...
benson13 Posted February 15, 2020 Author Share Posted February 15, 2020 GM Squatch....I've been ignoring that Idiot for years Quote Link to comment Share on other sites More sharing options...
roadkill Posted February 15, 2020 Share Posted February 15, 2020 28 minutes ago, MidnightMax said: ^^^^ SCHITSTAIN HATES having MORE MONEY IN HIS POCKET!!! Explain that one, MORON!! Let me translate beanie's OP. Voters will like Trump even more after the next tax cuts. Quote Link to comment Share on other sites More sharing options...
Squatchman Posted February 15, 2020 Share Posted February 15, 2020 1 hour ago, benson13 said: GM Squatch....I've been ignoring that Idiot for years Morning to you. They love the feel of trump blowing smoke past their sphincters. His lips fit perfectly. Quote Link to comment Share on other sites More sharing options...
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