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Left behind: The GOP cuts funding for special needs children

Because tax cuts for the wealthy take precedence: About 2,200 children are part of the state's CAP/C program, which gives medically fragile children, and their families, access to money for nursing and other special needs. News thatShow More Summary

CBO Data Shows that Income After Taxes and Transfers has Increased While Market Income has Remained Nearly Unchanged for the Middle Class

Much is being made this political season over the stagnant incomes of middle-class workers and what can be done to improve their living standards. Solutions have ranged from more targeted tax cuts—such as “payroll tax cuts, family-friendly...Show More Summary

Trump Family Would Get $7 Billion Windfall From Estate Tax Plan

The Hill, Trump Family Would Get $7B Windfall From Estate-Tax Plan: Analyst: Donald Trump's family would get a $7.1 billion tax cut under the Republican presidential nominee's proposal to eliminate the federal estate tax, a centrist think tank estimated. "The staggeringly high value of the tax cut for the Trump...

How would Trump’s tax cuts affect different taxpayers?

Republican presidential nominee Donald Trump's tax plan would cut taxes for households across the income spectrum, but the largest benefits—in both dollar and percentage terms—would...

How Has Indiana Fared Under Mike Pence?

Has Mike Pence been good for Indiana? It probably doesn't matter much, but I was curious anyway. For example, did he really enact the biggest income tax cut in the state's history? It turns out the answer is yes: he enacted a cut from 3.4 percent to 3.23 percent. Show More Summary

Trump Advisors Admit That His Tax Plan Was Just a Big Con

The Trump campaign is working on a few "tweaks" to his tax plan: An updated version of Donald Trump’s tax cut will be about one-third the size of the previous $10 trillion version, two campaign advisers said on Wednesday. One-third! Down from $10 trillion to $3 trillion. Show More Summary

Republicans Want To "Make America Work Again"? That Would Be Real Change

Tuesday was "Make America Work Again" day at the Republican National Convention. But this day wasn't about making America work again for working people. This was, as always with conservatives, all about tax cuts for the rich and corporations,...Show More Summary

Trump Tax Advisers Released Trimmed Tax Cut Proposal

An updated version of Donald Trump’s tax cut will be about one-third the size of the previous $10 billion version, two campaign advisers said on Wednesday.

Pence's Indiana record more complicated than campaign claims

INDIANAPOLIS (AP) — The national rollout of Republican vice presidential candidate Mike Pence has touted the Indiana governor's record on jobs, tax cuts, infrastructure and school funding. While many of the claims Donald Trump made about...Show More Summary

Trump's tax plan is twice as costly as Reagan’s

Donald Trump has proposed a series of tax cuts that would reduce federal revenue by $9.5 trillion over the next decade and add $11.2 trillion...

Mike Pence Had a Liberal Moment. Yes, It’s True

last weekNews : Newsweek: US

Ever since Mike Pence was offered the job as Donald Trump’s running mate earlier this month, he’s been described as a solid conservative. That moniker is undoubtedly true, given the Indiana governor’s steadfast support for tax cuts, unrelenting opposition to legal abortion and dedication to smaller government—including opposing George W. Show More Summary

Mike's Blog Round Up

Balloon Juice: Barack Obama and Hillary Clinton are all in on “fierce urgency of now.”. On the Economy: House Republicans and their allies touting the latest GOP tax cut windfall for the wealthy are smoking the drapes. The Rude Pundit:...Show More Summary

Trump's huge tax cuts

Presumptive Republican presidential nominee Donald Trump’s tax plan would slash taxes for individuals and businesses.

Mike Pence's troubles mixing biz with social issues

Indiana corporate leaders cheered governor's tax cuts but jeered as bad for state's businesses his curbs on gay rights, abortions

Lunch Links: Petition for Trump Tax Returns; Quintupling of North Dakota Cigarette Tax; Virginia in the Red

Today is July 13, the date in 1866 when Congress repealed most of the excise taxes passed to fund the Civil War (the income tax, while reduced, hung on until 1872). Today also would have been supply-side tax cut champion Jack Kemp’sShow More Summary

When Tax and User Fee Increases Cost Less Than Tax Cuts and Tax Freezes

One of the flaws in the anti-tax philosophy is the tendency of emotions to override rationality. “They want to raise our taxes” becomes a rallying cry because tax increases are, emotionally, an undesirable event. Yet with a bit of careful reasoning, it sometimes turns out that the alternative to a tax freeze, or tax cut, is far worse. Show More Summary

Imagining Trump And Clinton Fiscal Policy In An Era Of Growing Government Debt

Clinton would likely make the deficit slightly worse while Trump's massive tax cut proposal would send the U.S. into even greater debt.

The Trump Files: Donald Told Congress the Reagan Tax Cuts Were Terrible

Until the election, we're bringing you "The Trump Files," a daily dose of telling episodes, strange-but-true stories, or curious scenes from the life of presumptive GOP nominee Donald Trump. Donald Trump loves to (falsely) complain at...Show More Summary

What Trump And The G.O.P. Agree On: Tax Cuts For The Rich

New York Times: What Trump and the G.O.P. Can Agree On: Tax Cuts for the Rich, by Patricia Cohen: In some important ways, the House Republicans’ new plan to overhaul the tax code has more in common with proposals from the candidates who lost their party’s presidential nomination than those...

What Trump and the G.O.P. Can Agree On: Tax Cuts for the Rich

The tax plan shepherded by House Speaker Paul Ryan would fundamentally change the system, but both plans reduce taxes on capital gains and high incomes.

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