November 19, 2017

NY Times Pushes Case for No Tax Cuts At All

Not everyone is crazy about the current tax reform proposals before Congress. Some want more pro-growth measures. Others want it benefits geared more toward middle- and low-income people. But a piece in the New York Times argues Congress should not pursue tax cuts at all. If anything, the piece calls for even higher taxes … […]

House passes sweeping tax bill in huge victory for GOP.

The House on Thursday passed legislation to overhaul the tax code, moving Republicans one step closer to achieving the top item on their legislative agenda. The measure was approved by a vote of 227-205. No Democrats voted for the bill, while 13 Republicans broke ranks to oppose it. “Passing this bill is the single biggest […]

Tax bills give small businesses plenty to be thankful for.

Small-business owners have a lot to be thankful for next week. The recently introduced tax-reform bills in the House of Representatives and Senate make small-business tax cuts a centerpiece. This long overdue relief would finally address the overtaxation that most small business owners say is the biggest hurdle they face. At the moment, small businesses, […]

Republicans Move To Scrap Obamacare Individual Mandate In Tax Reform Bill

The Republican Senate is now moving to include repeal of the Obamacare individual mandate in their tax reform bill. That move is largely designed to quell conservative complaints about the Senate bill, which is weaker than the House version of the same bill: it delays corporate tax cuts, and retains the estate tax; pass-through businesses […]

More Winning: Latest Senate Tax Bill Raises Child Tax Credit, Ends Obamacare Individual Mandate.

The Senate Finance Committee released its updated tax bill late Tuesday night, and there’s a lot to cheer populist conservatives. The new bill raises the child tax credit to $2000, twice the current credit of $1000 per child. The earlier version of the Senate bill raised it to $1,650. A higher child tax credit is one […]

Republicans Confident They Have Needed Votes for Tax Reform

On Sunday, several prominent Republicans reassured voters that President Donald J. Trump’s tax reform plan has the necessary votes to pass through Congress, reports the Washington Examiner. Today, on Fox and Friends, House Majority Whip Steve Scalise (R-LA) discussed his confidence that the majority of the Freedom Caucus would support President Trump’s tax reform, more […]

House Republican Tax Summary Released. Read The Details Here

The Wall Street Journal has reviewed a detailed summary of the soon-to-be unveiled House Republican tax plan. “House Republicans, seeking the biggest transformation of the U.S. tax code in more than 30 years, aim to permanently chop the corporate tax rate from 35% to 20%, compress the number of individual income tax brackets, and repeal […]

Small Business Owner in Trump Country Explains Why Tax Reform Will Help the 99%

SEDALIA, Mo.—As Republicans prepare to unveil the details of their major tax reform proposal this week, a small business owner in America’s heartland is speaking out about how her and her employees could benefit. “The 1 percent that keeps being talked about, I want them to talk about the other 99 percent, and they don’t […]

House Passes Senate Budget, Moves One Step Closer To Tax Reform

The House narrowly passed the Senate’s fiscal year 2018 budget equipped with reconciliation instructions for tax reform in a 216-212 vote Thursday. Passing the measure brings Republicans one step closer to their plans to overhaul the tax code. The bill, which allows for $1.5 trillion in deficit spending, provides the GOP with the tools needed to […]

Senate Budget a Major Step Toward Tax Reform, but Falls Short on Spending Reforms

The Senate passed its fiscal year 2018 budget resolution late Thursday night, paving the way for potentially the most comprehensive tax reform package in decades. The proposal is a significant step toward implementing the president and Congress’ tax reform agenda. However, it fails to make significant cuts to federal spending—an important piece of the puzzle […]

Millennials LOVE Bernie’s Tax Plan…Until They’re Told It’s Trump’s

President Donald Trump’s tax plan seems to really resonate with millennials, but only when presented as if it were a proposal from Sen. Bernie Sanders of Vermont. Campus Reform asked a number of students at George Washington University if they supported some of the features of Trump’s tax plan, but sold the provisions as key […]

Senate narrowly passes 2018 budget, paving way for tax reform

Senate Republicans took the first step Thursday evening toward passing a tax plan and fulfilling a long-held campaign pledge. Senators narrowly voted 51-49 to pass the fiscal 2018 budget after a grueling hours-long marathon on the Senate floor. Sen. Rand Paul (R-Ky.) joined with every Democrat and independent to vote against the bill. The spending […]

Tax Reform Where All Americans Win

Thirty-one years ago, Congress passed and President Ronald Reagan signed into law substantial tax reform. The internet as we know it was not even invented yet. The federal debt stood at a little over $2 trillion. Needless to say, our economy has changed a bit since then. Of all the changes in the past three […]

Trump: Tax Reform Will Be ‘Rocket Fuel’ For US Economy

WASHINGTON — President Donald Trump spoke to a large group of manufacturers Friday and pitched his proposed tax reform as “rocket fuel” for the American economy. “Under my administration, the era of economic surrender is over – and the rebirth of American industry has begun,” Trump said in his remarks to the National Association of […]

Tax Reform Just Got Real. Why the GOP Tax Plan Is Great News for America.

Bold tax reform got a big boost on Wednesday. Leaders in the House, the Senate, and the White House have all agreed on a tax outline, meaning a true update to our broken tax system could be imminent. First, the GOP tax plan framework would lower taxes for individual Americans. It would double the standard […]

IT’S HERE: All the details of Trump’s massive tax plan

On February 9, President Donald Trump told a gathering of manufacturing CEOs at the White House he would release something in “two or three weeks” that would be “phenomenal in terms of tax.” Almost eight months later, that tax plan is finally here — most of it, at least. Trump and the “Big Six” group […]

Trump, GOP roll out huge tax cuts, as Democrats vow to fight against new measures

Congressional Republicans on Wednesday unveiled the framework for their long-awaited tax-reform plan, which simplifies the tax system and cuts rates for businesses — while attempting to boost household incomes by nearly doubling the standard IRS deduction used by most Americans. “Today, we move one step closer to fixing our broken tax code,” House Speaker Paul […]

Obama’s ‘Julia’ Will Have Better Life Because of Tax Reform – VIDEO

Julia and her husband, James, are worried about their future. James lost his job and can’t find work. Julia has not received a raise in many years and is unhappy at her job. They are struggling just to make ends meet and provide for their children. Every year, the government takes more of their hard-earned […]

‘Outrageous Selling-Out of the Base’: Immigration Patriots Blast Trump Staffer Marc Short for Trading DACA Amnesty for Tax Cuts

Immigration patriots say a White House official’s statements that insinuated that President Trump’s administration favors amnesty for nearly 800,000 illegal aliens in exchange for tax cuts were “outrageous.” As Breitbart News reported, Trump’s congressional relations aide Marc Short told reporters that he is not asking Democrats to exchange amnesty for the hundreds of thousands of illegal […]

Donald Trump Promotes ‘Pro-American Tax Reform’ in Missouri

President Donald Trump called for a simpler, lower, fairer tax code on Wednesday, urging Congress to pass a bill that would help grow the American economy. “Today I’m calling on all members of Congress — Democrat, Republican, and independent — to support pro-American tax reform,” he said. “They have to do it.  It’s time.” The […]

So, California Is Considering Taxing Drinking Water

So, in the land of progressivism that is the state of California, the legislature could be imposing a tax on drinking water aimed at repairing the state’s public water works. It will be 95¢ a month that is projected to generate $2 billion in revenue over the next 15 years. Surprisingly environmentalists and farmers have […]

IRS Report: Illegal Aliens Using Stolen Social Security Numbers of 1.4 Million Americans To Pay Taxes

Tax season may be over, but next year’s taxes will be due before we know it—and at least 1.4 million Americans won’t know that their Social Security numbers are being used by illegal aliens. An Internal Revenue Service report that this is roughly the number of illegal aliens who are impersonating citizens when it comes […]

The Good, The Bad, And The Ugly: 9 Things You Need To Know About Trump’s Budget Proposal.

President Trump’s budget proposal has now been released, and it’s a mixed bag: some useful and necessary spending cuts; some useful and necessary spending increases; no attempt to restructure entitlements; some wishful thinking on economic growth. So, here’s a brief summary of the good and the bad of a budget that will never be passed, […]

White House Begins Release of Tax Plans: Simplify, Eliminate AMT, Death, Obamacare Taxes

WASHINGTON, D.C. — Details of the Trump Administration tax reform plans began trickling out Wednesday, revealing plans to massively simplify the tax system, adjust tax rates for individuals and businesses, and eliminate several taxes including the AMT, inheritance, and specific Obamacare taxes. During the 1:30 p.m. White House press briefing, a document was provided to […]

President Trump’s Tax Reform Plan: What You Need to Know.

Objectives: -Economic growth, getting to three percent GDP within the year after implementation -Job creation Personal/Individual tax reform:  -Repeals the Alternative Minimum Tax for individuals -Eliminates the death tax -Eliminates all tax deductions, excluding the mortgages and charitable deductions -Zero tax rate for the first $24,000 a couple earns -Three tax brackets: 10, 25 and […]

GOOD TRUMP: Trump Plans Huge Cut In Corporate Tax Rates.

President Trump is having no truck with half-measures when it comes to spurring the economy to grow: he plans to fight for reducing corporate tax rates from their current 35% to 15%. Trump is ignoring those who cavil that the federal deficit will grow substantially because of the reduced revenue accruing to the federal government, […]

Just in: Trump makes “bigger than ever” announcement on tax cuts…

President Trump made an announcement today that’s likely to make a lot of folks all across the country extremely happy. He’s apparently set to unveil his tax plan for businesses and individuals next week, and if what he says is true, it’s supposed to be massive. There’s hardly sweeter words strung together in a single […]

New: POTUS Trump Signs an Executive Order to Reduce Tax Regulatory Burdens (VIDEO)

The President signed two presidential memoranda’s and one executive order today. He opened his signing: “This is ‘Identifying and Reducing Tax Regulatory Burdens’,” he paused, then jokingly continues, “that covers a lot of territory there.” The President grinned after that, the crowd of reporters laughed, and he signed the document. “This is the subject of […]

Study reveals how much Trump has saved taxpayers in just 3 months, and it’s BLOWING MINDS…

Shortly after Donald Trump won the 2016 election, markets started an historic rally. Of course, the surge in economic optimism was for good reason. On the campaign trail, Trump promised vital economic changes like tax and regulatory reform. Not only that, as one of the most successful businessmen in the world, Trump understood exactly what […]

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