Rep. Hayes Claps Back at MAGA Critic Over Student Loan Reform

https://www.youtube.com/shorts/0K4IcjH2vBQ

Republicans headed for a $4.6 trillion brawl over Trump tax cuts - POLITICO

Whether to pay for extending provisions of the Tax Cuts and Jobs Act — and even figuring out the cost — is dividing GOP lawmakers...

https://www.politico.com/news/2024/11/29/republicans-major-fight-cost-tax-cuts-00191006

Manchin offers alternative plans to Democrats' 'fiscal insanity' - POLITICO

… The moderate Democrat laid out how he wants to work on President Joe Biden's family plan, starting with tax reform...

https://www.politico.com/news/2021/09/29/manchin-alternative-spending-514757

How the Trump Tax Law Created a Loophole That Lets Top Executives Net Millions by Slashing Their Own Salaries — ProPublica

The 2017 tax cuts made it more attractive for certain company owners to be paid in profits instead of wages. Some cut their own wages, expanding a loophole that was already costing the U.S. billions...

https://www.propublica.org/article/how-the-trump-tax-law-created-a-loophole-that-lets-top-executives-net-millions-by-slashing-their-own-salaries

Secret IRS files reveal how much the ultrawealthy gained by shaping Trump’s 'Big Beautiful Tax Cut' - Raw Story - Celebrating 17 Years of Independent Journalism

…Brendan Bechtel has emerged this year as a vocal critic of President Joe Biden's proposal to pay for new infrastructure with tax hikes. "It's unfair to ask business to shoulder or cover all the additional costs of this public infrastructure investment," he said on a recent CNBC appearance…https://www.rawstory.com/trump-tax-cuts/

55 Corporations Paid $0 in Federal Taxes on 2020 Profits – ITEP

… Now, with most corporations reporting their third year of results under the new corporate tax laws pushed through by President Donald Trump in 2017, it is crystal clear that the TCJA failed to address loopholes that enable tax dodging—and may have made it worse…

https://itep.org/55-profitable-corporations-zero-corporate-tax/

Opinion | Republicans, Not Biden, Are About to Raise Your Taxes - The New York Times

People making from $10,000 and $30,000 — nearly one-quarter of Americans — are among millions slated to pay more in 2021.....
https://www.nytimes.com/2020/10/31/opinion/republicans-biden-taxes.html

'A slap in the face': AT&T workers upset jobs slashed despite Trump tax cuts

Company has cut more than 37,000 jobs in the US from when the first Trump bill went into effect in 2018 to the end of 2019
https://www.theguardian.com/business/2020/mar/10/at-and-t-layoffs-jobs-slashed-trump-tax-cuts

How Democrats Clean Up the Messes Left by Republicans with Robert Reich

Republicans accuse Democrats of being fiscally irresponsible. But time and again, it’s the Democrats who are forced to clean up the economic messes they inherit from Republicans. Former Secretary of Labor Robert Reich breaks down how the next Democratic administration will have to deal with the consequences of the GOP’s tax cut for the rich and the soaring debt and deficit that followed — in order to preserve and expand Social Security, Medicare, and Medicaid. ....
https://youtu.be/ZcF5o-qkphg

Republicans passed tax cuts — then profited – Center for Public Integrity

The 2017 Tax Cuts and Jobs Act is a case study of how lawmakers can make themselves richer with the bills they pass. ....
https://publicintegrity.org/inequality-poverty-opportunity/taxes/trumps-tax-cuts/republicans-profit-congress/

New Reports Show That Trump’s Economic Promises Were Empty | The New Yorker

With the impeachment trial, the coronavirus, and the Iowa caucuses in the news, dry economic statistics aren’t getting much attention right now. But two new reports—the latest gross-domestic-product figures from the Commerce Department and a new set of budget projections from the Congressional Budget Office—shouldn’t be allowed to pass without comment. Indeed, the issues they raise should be central to the 2020 election. ....
https://www.newyorker.com/news/our-columnists/new-reports-show-that-trumps-economic-promises-were-empty

Follow the money on impeachment: Trump bought off McConnell and the rest of the GOP jury — and hints at bigger tax cuts – Raw Story

Republican senators are making millions off of Trump’s tax cuts — and will repay him by betraying their oath.....

https://www.rawstory.com/2020/01/follow-the-money-on-impeachment-trump-bought-off-the-mcconnell-and-the-rest-of-the-gop-jury-and-hints-at-bigger-tax-cuts/

The Republican tax law is bringing in far less money than claimed—but it's not an accident

The New York Times is at its best when it delves into long-form journalism describing the behind-the-scenes of legislation, regulation, governance, science or so forth, stuff not premised on the anonymous grievances of "senior" officials who find it useful to leak to reporters arguments too ridiculous to say in public. The Times' look at the efficiency with which big U.S. corporations were able to extract a host of tax breaks from the Trump administration's "regulators" in the wake of the hastily scribbled-together 2017 Republican "tax cuts" is a good example of this. It has specific corporate names, specific lobbyist efforts, and the specific tweaks they won to undermine whatever pretense the Republican law had of "closing loopholes" or, more critically, meeting the revenue claims the Paul Ryans of the party blustered it would. ....
https://www.dailykos.com/story/2020/1/12/1911025/-The-Republican-tax-law-is-bringing-in-far-less-money-than-claimed-but-it-s-not-an-accident

AT&T touted worker bonuses after $3 billion Trump tax cut — now it’s outsourcing thousands of jobs – Raw Story

AT&T touted President Trump’s tax cut and claimed it would result in higher wages for workers. But despite getting a $3 billion tax cut last year, the company is forcing thousands of those workers to train their own cheaper foreign replacements after signing deals with big outsourcing companies. ....
https://www.rawstory.com/2019/12/att-touted-worker-bonuses-after-3-billion-trump-tax-cut-now-its-outsourcing-thousands-of-jobs/

How can Democrats possibly challenge Trump on this economy? These charts might help - The Washington Post

Democrats' message that not everyone is equally benefiting from the spoils of this economic recovery has resonance.....
https://www.washingtonpost.com/opinions/2019/12/21/how-can-democrats-possibly-challenge-trump-this-economy-these-charts-might-help/

New Congressional Report Finds 2017 Tax Cuts Did Not Live Up to Promises

A new congressional report from Democrats on the Joint Economic Committee (JEC) has concluded that President Donald Trump's signature legislative accomplishment, the 2017 tax cuts, failed to live up to its numerous promises.
https://www.newsweek.com/2017-tax-cuts-economic-growth-congressional-report-democrats-1478689

Democrats seize on report of FedEx's $0 tax bill to slam Trump's tax plan | TheHill

Democrats are seizing on a report published by The New York Times on Sunday that found FedEx didn’t owe anything in taxes in fiscal 2018, a year after President Trump signed off on a $1.5 trillion tax cut that sharply reduced tax rates for corporations in the country. ....
https://thehill.com/policy/finance/470846-democrats-seize-on-report-of-fedexs-0-tax-bill-to-slam-trumps-tax-plan

Record debt and inequality gap? It's almost like 40 years of Republican tax cuts failed. - USA TODAY

Trickle-down failure: The cult-like Republican belief in tax cuts isn’t supported by results. It's leading to an apocalypse of debt and inequality.

https://www.usatoday.com/story/opinion/2019/10/03/republican-tax-cuts-fail-record-debt-and-inequality-gap-column/3833546002/

Unintended consequence of tax overhaul for Gold Star families: Sharply higher bills - The Washington Post

Veterans’ families are pressing Congress to address an unintended consequence of President Trump’s signature tax law: higher tax bills for the children of deceased service members who receive certain benefits.
https://www.washingtonpost.com/world/national-security/gold-star-families-press-for-relief-from-tax-law-changes/2019/09/06/17e4585a-c05f-11e9-9b73-fd3c65ef8f9c_story.html

That meager tax break you got from Trump? His latest tariffs are going to erase it - Daily Kos

The last round of tariffs, J.P. Morgan analysts estimate, will bump costs to consumers from $600 after the first two rounds to $1,000. That's eating up the majority of tax break of about $1,300 from the 2017 tax cuts. J.P. Morgan's chief U.S. equity strategist, Dubravko Lakos-Bujas, says it's particularly bad for consumers as opposed to farmers who are getting Trump's bribes to make up for their losses because "there is no simple way to compensate consumer." .....
https://www.dailykos.com/stories/2019/8/20/1880178/-That-meager-tax-break-you-got-from-Trump-His-latest-tariffs-are-going-to-erase-it