Joe Biden’s Tax Plan will drop U.S Household income by $6500. Hoover Institution: This report explores the potential impact of Democratic presidential candidate Joe Biden’s proposals on the economy as a whole. We conclude that in the long run, Biden’s agenda would reduce full time equivalent employment per person by about 3 percent, the capital […]
Joe Biden announced he is planning on repealing President Trump’s tax cuts. Biden promises to reverse tax cuts that fueled a booming US economy and record low unemployment. pic.twitter.com/tEayiQLgyS — Arthur Schwartz (@ArthurSchwartz) July 21, 2020 80% of Americans got a tax cut from President Trump’s Tax Cut: According to the latest analysis by the […]
In an interview with the New York Post, Larry Kudlow, director of the president’s National Economic Council talked more about the second round of tax cuts that might be coming. NY POST: J.T. : Where are you guys at on the second round of tax cuts? What’s the thinking behind it? L.K.: Several months ago, there had […]
According to new data over $1 Trillion Dollars have been brought back to the US from overseas by corporations since 2017, when President Trump’s tax reform was enacted. Bloomberg: Corporations have brought back more than $1 trillion of overseas profits to the U.S. since Congress overhauled the international tax system and prodded companies to repatriate offshore funds, […]
The Federal Government collected $90 Billion more even though 80% of Americans received a Tax Cut. Yahoo: Despite the majority of Americans receiving a tax cut, the IRS pulled in an additional $93 billion for 2018 from taxpayers on individual income taxes than it did for 2017, according to new data from the IRS. This is […]
Over the next 5-10 years, deregulation will lead to $3100 extra income per household according to a new study from the Council of Economic Advisors. Epoch Times: President Donald Trump’s deregulation agenda will result in $3,100 of additional income per American household in 5-10 years, according to a two-year study by the Council of Economic Advisors. Trump campaigned […]
The Introduction of The Apprentice admitted that Donald Trump was in debt during the ’80s and ’90s which means that the New York Times scoop was already public. Dear NY Times, The Main Stream Media, and Liberals, There is a “scoop” in the NY Times, which showed Trump lost billions of dollars during the 80’s […]
President Trump took to confirming that the New York Times tax story was old news and basically a non-story. Real estate developers in the 1980’s & 1990’s, more than 30 years ago, were entitled to massive write offs and depreciation which would, if one was actively building, show losses and tax losses in almost […]
