Showing posts with label standard deduction. Show all posts
Showing posts with label standard deduction. Show all posts

Thursday, December 21, 2017

Republicans Promised to Simplify the Tax Code. They're Making It Way More Complicated -- Mother Jones

On Wednesday, the House of Representatives officially passed a $1.5 trillion tax cut that permanently helps corporations, while providing temporary benefits to all but the richest Americans. President Donald Trump is expected to quickly sign what he's billed as his "big, beautiful Christmas present" to the American people. ....
http://www.motherjones.com/politics/2017/12/republicans-promised-to-simplify-the-tax-code-theyre-making-it-way-more-complicated/

Saturday, November 4, 2017

The Sneaky Ways Republicans Would Raise Taxes On the Middle Class -- Slate

When House Republicans unveiled their new tax bill on Thursday, Speaker Paul Ryan declared that the plan would deliver "real relief" for the middle class and Americans "striving to get there." He noted that a "typical family of four," making $59,000, would save $1,182 on their taxes, enough to buy "about a year's worth of gas for your car." ....
https://slate.com/business/2017/11/the-sneaky-ways-republicans-would-raise-taxes-on-the-middle-class.html

Friday, September 29, 2017

How Trump’s Tax Plan Could Hose Working-Class Parents -- Slate

Moneybox September 28 2017 10:11 PM Congressional Republicans and the Trump administration have promised that their new tax-cut package will put more money in the pockets of middle-income families. But as of now, one of the biggest questions looming over the proposal is whether it would actually result in a tax increase for many working-class Americans, including single parents. ...
https://slate.com/business/2017/09/the-gop-tax-plan-could-raise-taxes-on-single-moms-and-working-class-couples.html







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