Showing posts with label estate tax. Show all posts
Showing posts with label estate tax. Show all posts
Wednesday, March 24, 2021
White House eyes major tax plans to fund infrastructure and jobs package - The Washington Post
... There would be two parts to the higher taxes on investors. Biden's plan would tax gains on capital income — such as stocks and dividends — as normal income for those earning more than $1 million. Currently, the maximum tax on capital gains is slightly more than 20 percent, far below the nearly 40 percent top rate Biden is seeking. The plan is also likely to include a Biden campaign pledge to increase taxes on assets passed down to heirs, the officials said...
Saturday, March 13, 2021
Republicans Mock Rescue Plan While Pushing A Tax Cut For The Richest | HuffPost
Even during a pandemic with high unemployment, Republicans are still mad about the estate tax.
Tuesday, March 19, 2019
Disney Heiress Calls for Higher Taxes on the Wealthy
Wealth inequality in America is at an all-time high. It's time we make millionaires and billionaires pay their fair share.....
https://youtu.be/fl6F29GiNRs
https://youtu.be/fl6F29GiNRs
Sunday, March 3, 2019
A strong estate tax will ensure equal treatment of wealth and wages - The Hill
There is a fundamental imbalance in how we tax wages and wealth today...
https://thehill.com/opinion/finance/431098-fortify-the-estate-tax-to-ensure-equal-treatment-of-wealth-and-wages
https://thehill.com/opinion/finance/431098-fortify-the-estate-tax-to-ensure-equal-treatment-of-wealth-and-wages
Wednesday, February 6, 2019
GOP's First Bill After the Shutdown? Repeal Tax on the Richest 0.2% - YouTube
After 35 days of pain and suffering for federal workers and contractors during the Trump shutdown, what's the first thing that the GOP leadership decides to do? Make the wealthiest families in America even richer.
Tuesday, February 5, 2019
Republicans Want to Cut Taxes on Billionaires
Shock, shock, shock. I know you cannot believe this, but after passing a trillion dollar tax giveaway for the top 1 percent and large corporations, Republican leaders have introduced legislation to repeal the estate tax for the richest 1,700 families in America.....
https://youtu.be/a_0w_Kwrv6A
https://youtu.be/a_0w_Kwrv6A
Sunday, February 3, 2019
Bernie Sanders Introduces Dramatic Plan to Tax the Rich - Truthdig
He joins Elizabeth Warren and Alexandria Ocasio-Cortez in adding to a wave of proposals for making the wealthy pay their fair share. ....
https://www.truthdig.com/articles/bernie-sanders-introduces-dramatic-plan-to-tax-the-rich/
https://www.truthdig.com/articles/bernie-sanders-introduces-dramatic-plan-to-tax-the-rich/
It Was a Republican President Who Fought for the Estate Tax - YouTube
It was a Republican president — not Bernie Sanders — who first argued for the creation of a progressive estate tax to reduce the enormous concentration of wealth. Mitch McConnell might want to listen.
Wednesday, October 3, 2018
Trump engaged in suspect tax schemes as he reaped riches from his father - The New York Times
The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today's dollars from his father's real estate empire, much of it through tax dodges in the 1990s. ....
https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
Tuesday, March 27, 2018
Your Money: New U.S. gift tax strategies could alter giving - Reuters
Get a big check from a wealthy great aunt every year for your birthday? Parents buying you a car? Grandparents paying for private school tuition? ....
https://www.reuters.com/article/us-money-estates-gifts/your-money-new-u-s-gift-tax-strategies-could-alter-giving-idUSKCN1GQ2EA
https://www.reuters.com/article/us-money-estates-gifts/your-money-new-u-s-gift-tax-strategies-could-alter-giving-idUSKCN1GQ2EA
Wednesday, January 10, 2018
Fact-checking Donald Trump’s economic speech in Nashville -- PolitiFact
President Donald Trump likes talking about how great the economy is, a theme he expounded on when he flew to Nashville on Jan. 8 to address the American Farm Bureau Federation. He addressed many topics we have previously fact-checked and others we haven't, with a mix of accuracy. Here's an assessment of factual claims from his speech. ....
http://www.politifact.com/truth-o-meter/article/2018/jan/09/fact-checking-donald-trumps-speech-nashville/
http://www.politifact.com/truth-o-meter/article/2018/jan/09/fact-checking-donald-trumps-speech-nashville/
'Making America weaker': Wall Street Journal trashes Trump policies hurting his boosters in the farm belt -- Raw Story
In a scathing editorial published after Donald Trump addressed farmers in Nashville on Monday afternoon, the editorial board of the Wall Street Journal hammered the president's proposed trade policies that will damage those same farmers by shutting down markets for them.....
https://www.rawstory.com/2018/01/making-america-weaker-wall-street-journal-trashes-trump-policies-hurting-his-boosters-in-the-farm-belt/
https://www.rawstory.com/2018/01/making-america-weaker-wall-street-journal-trashes-trump-policies-hurting-his-boosters-in-the-farm-belt/
Tuesday, January 9, 2018
Trump tells crowd in Nashville to 'get up' and give him a standing ovation -- Business Insider
President Donald Trump gave a speech to the Farm Bureau in Nashville on Monday. The speech hit on a variety of topics, including the proposed border wall and the GOP tax law. During a discussion of the estate tax, Trump requested the crowd "get up" and give a standing ovation. ...
http://www.businessinsider.com/trump-nashville-speech-standing-ovation-2018-1
http://www.businessinsider.com/trump-nashville-speech-standing-ovation-2018-1
Thursday, December 21, 2017
Six Things You Might Not Know About the Republican Tax Bill – Mother Jones
Well, the Republican tax bill is set to pass later today. You know the basics: it cuts corporate taxes permanently but cuts individual taxes only temporarily. It’s a pretty good deal for rich people, not so great for the middle class.
You may also know that we dodged some bullets. The tax on grad students got axed, for example. Likewise, Congress got cold feet at the last second about eliminating the Johnson Amendment, which bans churches from engaging in political activity.
But there are also some less savory provisions of the tax bill that you may not have heard of. Some of them have been there all along, while some got added at the last minute. Here’s a few of them:....
http://www.motherjones.com/kevin-drum/2017/12/six-things-you-might-not-know-about-the-republican-tax-bill/
http://www.motherjones.com/kevin-drum/2017/12/six-things-you-might-not-know-about-the-republican-tax-bill/
Wednesday, December 20, 2017
Most American Farmers Will Be Hurt by the GOP Tax Bill -- Mother Jones
As a candidate, Donald Trump dominated the rural vote and polled very well among farmers. Will the tax overhaul he's pushing hard in Congress finally reward farm country for its support? ....
http://www.motherjones.com/politics/2017/12/most-american-farmers-will-be-hurt-by-the-gop-tax-bill/
http://www.motherjones.com/politics/2017/12/most-american-farmers-will-be-hurt-by-the-gop-tax-bill/
Thursday, November 9, 2017
Donald Trump whines to Democrats that the tax bill would 'kill' him unless the estate tax is cut
Donald Trump reached out to Democratic senators with a touching personal plea on why they should support the Republican tax plan:
President Donald Trump called 12 Senate Democrats Tuesday, hoping to sway them in favor of the Republican tax cut bill, and told them he would personally "get killed" financially by the GOP bill. He said the wealthy need a repeal of the estate tax, according to multiple people who were present.....
https://www.dailykos.com/stories/1713786
https://www.dailykos.com/stories/1713786
Saturday, November 4, 2017
If These Senators Aren’t Lying, Then Trump’s Tax Plan Is Already Dead -- New York Magazine
If John McCain, Susan Collins, and Bob Corker mean what they say, then the House bill will (almost certainly) die in the upper chamber. ....
http://nymag.com/daily/intelligencer/2017/11/if-these-senators-arent-lying-trumps-tax-plan-is-dead.html
http://nymag.com/daily/intelligencer/2017/11/if-these-senators-arent-lying-trumps-tax-plan-is-dead.html
The Five Most Outrageous Things Buried in the GOP’s Tax Bill -- The Daily Beast
The unveiling of the Tax Cuts and Jobs Act—née the "Cut Cut Cut Cut Act"—was pitched by Republican lawmakers on Thursday as a final step in their lengthy journey to deliver long-promised relief to American taxpayers. The legislation, which would slash taxes for corporations by $1 trillion in its first 10 years and radically cut taxes for heirs to large family fortunes, was framed by House Speaker Paul Ryan as "real relief for people in the middle—and people who are also striving to get there."
https://www.thedailybeast.com/the-five-most-outrageous-things-buried-in-the-gops-tax-bill
https://www.thedailybeast.com/the-five-most-outrageous-things-buried-in-the-gops-tax-bill
Friday, November 3, 2017
The GOP Tax Plan Takes From Orphans, Gives to Trust-Fund Kids -- New York Magazine
Right-wing populism is one hell of a drug. ....
http://nymag.com/daily/intelligencer/2017/11/the-gop-tax-plan-hurts-orphans-helps-trust-fund-kids.html
http://nymag.com/daily/intelligencer/2017/11/the-gop-tax-plan-hurts-orphans-helps-trust-fund-kids.html
Saturday, October 14, 2017
'The super rich don’t pay estate tax,' Cruz says. IRS says otherwise.
Sen. Ted Cruz said Friday that killing the estate tax will mainly help the working class because "the super rich don't pay it." But IRS statistics show the opposite.....
https://www.cnbc.com/2017/10/13/the-super-rich-dont-pay-estate-tax-cruz-says-irs-data-says-otherwise.html
https://www.cnbc.com/2017/10/13/the-super-rich-dont-pay-estate-tax-cruz-says-irs-data-says-otherwise.html
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