Post Profile






AP FACT CHECK: Trump wrong on Clinton tax claim

Trump is proposing massive tax cuts for both individuals and businesses. The conservative Tax Foundation estimates that the bottom 80 percent of taxpayers would see their after-tax income rise from 0.8 percent to 1.9 percent. Trump's plan eliminates the personal exemption, which currently allows households to reduce their taxable income by $4,050 for each member of the household, including children.
read more

share

Related Posts


Fox Still Pushing Falsehood That Half Of Americans Are "Not Paying Taxes"

US Politics / Liberal : Media Matters for America

Fox & Friends recently cited data from the conservative National Taxpayers Union to claim that half of Americans pay less than 3 percent of all taxes received by the government. In fact, while the bottom 50 percent of wage earners p...

Just how huuuge were Trump's business losses? Very, very huuuge.

US Politics / Liberal : Daily Kos

How bad were genius businessman Donald Trump's business losses in 1995? At $916 million, it's about this bad. As Alan Cole from the conservative Tax Foundation notes, total net operating losses claimed on all individual income tax r...

Contrary To GOP Claims, Taxes Paid By The 1 Percent Are Right In Line With Their Share Of Income

US Politics / Liberal : ThinkProgress: Justice

In order to justify calling for further tax cuts for the rich, conservatives love to point out that about 40 percent of federal income taxes are paid by the richest one percent of taxpayers. And they often mistakenly claim that the ...

AP FACT CHECK: Clinton takes liberties in Trump takedown

US Politics / Liberal : SFGate: Politics

Serious is in the eye of the beholder, but Trump's proposal to sharply cut the corporate tax rate from 35 percent to 15 percent is intended to encourage more businesses to remain in the U.S. rather than move overseas. [...] Trump an...

AP FACT CHECK: Trump claims Clinton wants to end mining jobs

US Politics / Liberal : SFGate: Politics

Coal companies have been battered by the rise of natural gas production more than by Obama administration regulations — although those have not helped. [...] despite Trump's claims about energy companies going out of business, these...

Comments


Copyright © 2016 Regator, LLC