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
September 29, 2017 by
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.
September 28, 2017 by
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
September 27, 2017 by
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
September 27, 2017 by
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
September 22, 2017 by
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
September 14, 2017 by
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
August 31, 2017 by
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
August 28, 2017 by
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
June 25, 2017 by
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.
May 24, 2017 by
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
April 27, 2017 by
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.
April 26, 2017 by
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.
April 24, 2017 by
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…
April 23, 2017 by
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)
April 22, 2017 by
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…
April 21, 2017 by
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 […]