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Trump’s Tax Cuts Will Tear Down the Blue Wall — Steemit

Not far from Mike’s home, the earth under the bayou started to tear open, and, as if someone had pulled the plug in a bathtub, the bayou began sucking down. him that Donald Trump would not reduce.

"It’s a Ponzi scheme," a Wall Street executive told me, dismissing the idea that a multi-trillion dollar tax cut for multinational corporations would trickle down throughout the economy and.

 · The president is proposing such deep cuts because he needs someone to pay for the massive tax giveaways to the wealthy and Wall Street in his tax.

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Two “big lies” drove the Trump tax cuts-the claims that corporate. For example, he said his plan would take 75 million Americans off the income tax.. in higher- tax, blue states like California and New York will likely see a.

 · Wall Street Populism at its finest. In a new report from The Wall Street Journal, the worst effects from President Trump’s Tax Cuts and Jobs Act of 2017 have been confirmed: Wall street banking giants like Wells Fargo and Goldman Sachs have made about $2.5 billion in the first tax quarter alone, while the average working-class american has made next to nothing.

 · In his first 100 days as president, Donald Trump has vowed to significantly revamp the U.S.’ tax code. Among its many changes, the Donald Trump tax plan will provide large tax cuts.

 · Senate and House Republicans are trying to draft tax reform that would satisfy Donald Trump’s call for the “biggest cuts ever in the history of the country.” Many of their proposals would actually either raise state taxes in “Blue” or Democrat-leaning states, or force huge cutbacks in social services and education funding.

Against Backdrop of Controversy, Red Sox Honored by Trump – Democratic Party files suit against Trump campaign, Russia. – The Democratic Party filed a lawsuit Friday against President Donald Trump’s campaign, the Russian government, and the controversial pro-transparency group WikiLeaks, The Washington Post reported.

 · The tax plan President Donald Trump touted at its official unveiling Wednesday has, like all changes in the tax code, winners and losers. It tilts.

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 · An updated version of the Tax Foundation’s analysis determined Trump’s more fleshed-out tax plan would reduce federal revenue by between $4.4 and $5.9 trillion, depending on how it.

Trump’s tax plan surprises, but not in a good way.. join Thomas Roberts to discuss Donald Trump’s tax plan, how it was developed, and how constituents may respond to it.. It cuts tax.

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