It's Official: 2017 Tax Cuts Helped Low- and Middle-Income Earners Most
While Republicans in 2017 gave low- and middle-income earners a big tax cut, Democrats are now planning to do the same for the wealthy.
Democrats' Massive Tax Cut for the Wealthy
Contrary to their “working class” rhetoric, the Democrats really are transforming into the party of the wealthy elites. They will spend $15 billion for the working poor, $130 billion on health care, but a whopping $475 billion on a tax cut for the wealthy.
It's Impossible to Accurately Tax an Unrealized Gain
Democrats in Congress don’t seem to realize that it’s impossible to accurately tax an unrealized gain, because real value is determined by market transactions convening a willing buyer and a willing seller. Without a transaction, the value of the taxed asset would be determined arbitrarily, and by whom?
Raising Taxes on the Most Disadvantaged Americans
The lower your household income, the more likely you are to be a smoker. Doubling the tax on cigarettes suggests Democrats aren’t quite as concerned about economic disparities and equity as they claim.
The $3.5 Trillion Tax and Spending Proposal Will Hurt the Economy and Our Politics
You shouldn’t be able to ram through massive policy changes without a solid mandate from the voters, which Democrats definitely do not have.
The Very Convenient and Entirely Coincidental Tax Gap Report
The “tax gap” is an exaggerated excuse to further empower the IRS and to erode the personal financial privacy of American taxpayers.
Biden Tax Proposals Reward Blue States, Punish Red States
President Biden’s tax proposals would disproportionately benefit wealthy taxpayers in high-tax blue states and disproportionately harm farmers and small land owners in low-tax red states.
Irreconcilable Differences with Budget Reconciliation
It shouldn’t be possible for a tiny majority in Congress to pass sweeping changes and enormous spending increases, but it is, thanks to the absurd Senate budget reconciliation process.
Ah. So Taxes DO Affect Decision-Making?
Democrats have largely resisted dynamic scoring because they saw it as a Republican scheme to justify cutting taxes. But now, Democrats have had a sudden religious conversion and are insisting that dynamic scoring be used to evaluate their huge new spending plans.
The Most Dangerous Experiment in World History
The only federal budget deficit larger than the current one was . . . last year’s.