Tag: tax cuts for the rich

New CBO analysis confirms steep losses for poorest Americans under GOP-backed plan as Medicaid, SNAP, and public programs are gutted to fund tax cuts for the top 1 percent.

“You can’t raise taxes, you can’t raise taxes that have just been lowered, and you can’t enforce existing tax laws—a never-ending race to the revenue bottom,” said one critic of the right-wing campaign.

While continuing to publicly downplay warning signs that the U.S. economy is barreling toward a recession, the Trump White House is reportedly weighing a...

A corporate tax cut is the wrong solution to the wrong problem.

Trump and the other Republicans who support this bill share something in common: their personal tastes may be expensive but, for them, the lives of most Americans are insignificant and cheap.

There is no evidence that tax cuts bring economic growth, but they do cause income to concentrate at the top.