FLASHBACK-2004! Apprentice intro talked about NYT ‘major tax scoop’

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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 […]

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President Trump confirms NYT story was old news, nothing burger

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President Trump took to Twitter 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 […]

Joel Pollak dunks on NYT over nothing-burger tax report

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Breitbart New’s Joel Pollak destroyed the New York Times over there nothing burger report regarding Trump’s business loses from 1984-1996. So we’re supposed to care that @realDonaldTrump had some tax losses… 30 years ago. The economic illiterates at @nytimes think that means he was bad at business… hello? He got through that, and *grew* his […]

2016! Over 50M Americans paid ZERO or less in Income Taxes

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Over 50 Million Americans paid zero dollars or less in Income Taxes in 2016. CNS: Of the 150,272,157 tax returns filed for the 2016 tax year, 50,219,667—or 33.4 percent–were classified by the Internal Revenue Service as “nontaxable returns,” meaning the people who filed them paid $0 or less in income taxes, according to data published by […]

YES!Republicans pushing to make Individual Tax Cuts permanent

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Republicans have introduced legislation that would push to make Tax Cuts permanent for individual tax payers. The Hill: This week, House Republicans are poised to release what they are calling “Tax Reform 2.0,” their update to last December’s massive rewrite of the tax code. GOP leaders promise a floor vote by the end of the month. As […]

Report: GOP thinking about abandoning second round of Tax Cuts

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House Republicans are considering abandoning the second round of Tax Cuts due to fears of losing ground in high tax states. Bloomberg: House Republicans had planned to use a second phase of tax cuts to force Democrats into a difficult vote ahead of mid-term elections. Now, party leaders may drop the effort, fearing it could […]

Report: Trump administration looking into Capital Gains Tax changes

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A new report from The New York Times outlines the Trump Administration’s plans to make changes to the Capital Gains Tax. NYT: 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 […]

Report: House Republicans unveil new tax package that make individual rate cuts permanent

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House Republicans unveiled a new tax package that would make the individual tax rate cuts permanent. newstimes: House Republicans unveiled the broad outlines of a new tax package Tuesday that would make individual rate cuts permanent under the nation’s revised tax code, instead of allowing them to expire in 2025. The proposal stands little chance […]