US Politics in Trump era Public date: 02.10.2020 20:59:01

Publisher: Common Dreams

Author:

29 Dec 2018

‘Pouring Salt Into the Wound’ Amid Shutdown, Trump Signs Executive Order Freezing Pay of Nearly 2 Million Federal Workers

With hundreds of thousands of federal employees currently furloughed or working without pay due to the ongoing government shutdown, President Donald Trump delivered another blow to struggling workers on Friday by signing an executive order that will freeze the pay of around two million public employees in 2019.
With hundreds of thousands of federal employees currently furloughed or working without pay due to the ongoing...
Tags:
executive orders, extreme measures, governance, shutdown, tax policy, trump agenda
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Publisher: NYTimes

Author:

31 Jul 2018

Trump Administration Mulls a Unilateral Tax Cut for the Rich

The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a legally tenuous maneuver that would cut capital gains taxation and fulfill a long-held ambition of many investors and conservatives.Steven Mnuchin, the Treasury secretary, said in an interview on the sidelines of the Group of 20 summit meeting in Argentina this month that his department was studying whether it could use its regulatory powers to allow Americans to account for inflation in determining capital gains tax liabilities.
The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a...
Tags:
conservatives, executive orders, extreme measures, governance, one percent, tax policy
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Publisher: Washington Post

Author:

8 May 2018

Trump calls on Congress to pull back $15 billion in spending, including on Children’s Health Insurance Program

“Let’s be honest about what this is: President Trump and Republicans in Congress are looking to tear apart the bipartisan [CHIP], hurting  middle-class families and low-income children, to appease the most conservative special interests and feel better about blowing up the  deficit to give the wealthiest few and biggest corporations huge tax breaks,” Senate Minority Leader Charles E. Schumer (D-N.Y.) said Monday.
“Let’s be honest about what this is: President Trump and Republicans in Congress are looking to tear apart the...
Tags:
conservatives, extreme measures, governance, healthcare law, tax policy
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Publisher: The Guardian

Author:

11 Dec 2017

Kansas’s ravaged economy a cautionary tale as Trump plans huge tax cuts for rich

After a failed economic experiment meant to boost economic growth blew a hole in the Kansas budget as big as a prairie sky (a $350m deficit in the current fiscal year and nearly $600m in the next) state jobs and services have been slashed. To make ends meet, money that was earmarked for roads has been diverted to the general fund. A state that used to maintain 1,200 miles of road a year is now repairing 200 miles a year. Even in the capital, Topeka, potholes are everywhere.
After a failed economic experiment meant to boost economic growth blew a hole in the Kansas budget as big as a...
Tags:
extreme measures, governance, republicans, tax policy, trump agenda
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Publisher: Vox

Author:

3 Dec 2017

Republican tax bill shows the GOP’s debt panic was a fraud

There is a long-running, almost metaphysical, argument about the GOP’s deficit hawkery. One school of thought holds that it has always been pure cynicism. Republicans passed the Bush tax cuts without offsets and paid for neither Medicare Part D nor the Iraq War. When they began decrying the deficit and debt during President Obama’s administration, under this theory, it was nothing but opportunistic political attacks, and it was obvious they would be abandoned as soon as Republicans regained power.
There is a long-running, almost metaphysical, argument about the GOP’s deficit hawkery. One school of thought holds...
Tags:
deficits, extreme measures, governance, republicans, tax policy
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Publisher: NYTimes

Author:

3 Dec 2017

Tax Bill Offers Last-Minute Breaks for Developers, Banks and Oil Industry

Even hours after the Senate vote, tax experts were scratching their heads over precisely what had made it into the final version of the bill and the impact of some significant  provisions. Still, it was clear that many changes expanded tax benefits for the wealthiest taxpayers, while other attempts to close loopholes fell by the wayside. The bill would add $1 trillion to deficits over the coming decade.
Even hours after the Senate vote, tax experts were scratching their heads over precisely what had made it...
Tags:
99 percent, corporations, extreme measures, governance, republicans, tax policy
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Publisher: NYTimes

Author:

27 Nov 2017

In Tax Debate, Gift to Religious Right Could Be Bargaining Chip

For years, a coalition of well-funded groups on the religious right have waged an uphill battle to repeal a 1954 law that bans churches and other nonprofit groups from engaging in political activity. Now, those groups are edging toward a once-improbable victory as Republican lawmakers, with the enthusiastic backing of President Trump, prepare to  rewrite large swaths of the United States tax code as part of the $1.5 trillion tax package moving through Congress.
For years, a coalition of well-funded groups on the religious right have waged an uphill battle to repeal a 1954...
Tags:
conservatives, extreme measures, governance, republicans, tax policy, ultra right
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Publisher: Mother Jones

Author:

6 Nov 2017

Republicans Are Laser-Targeting Enemies in Their Tax Bill

Republican tax bill targets their opponents and rewards their supporters. It favors rich investors, who mostly vote Republican. It punishes big, urban states that mostly vote Democratic. It hurts universities, which are also filled with Democrats. And it specifically harms students, who mostly wouldn’t be caught dead ever voting for a Republican. Has a big tax bill ever been this carefully constructed to reward and punish voters who support the right or wrong party?
Republican tax bill targets their opponents and rewards their supporters. It favors rich investors, who mostly vote...
Tags:
extreme measures, governance, republicans, tax policy
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