At the moment there doesn’t appear to be any way the GOP’s murder-suicide tax bill won’t become law next week. Bob Corker has flipped back to “yes”; another possible holdout, Marco Rubio, won’t be holding out. This is going to be devastating to the nation’s economy, as even larger numbers of people will fall into […]
Authored by Lance Roberts via RealInvestmentAdvice.com, The “tax bill cometh.” According to the press, this is going to be the single biggest factor to jump-starting economic growth since the invention of the wheel. Interestingly, even...Show More Summary
The language of Republicans' regressive new tax bill points to one logical conclusion. In 2012, House Republican leader Eric Cantor managed to wish the country a happy Labor Day without acknowledging a single American laborer. "Today,"...Show More Summary
Sen. Marco Rubio (R – Fla.) has said that he will in fact vote for the Senate's tax reform legislation. The Senator had previously said he'd vote over concerns the bill did not include a generous enough Child Tax Credit. Paul Manafort...Show More Summary
The Senate GOP is now united in support of the party’s tax plan. Senators Rubio (R-FL) and Scott (R-SC) announced their support after securing an increase in child tax credit refundability, which they have been pushing for throughout the bill’s finalization process. Show More Summary
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? Since taking office, Trunp hasn’t exactly been a champion of farmers. He has imperiled their increasingly crucial export markets by rejecting trade deals and cracked down on […]
Sen. Marco Rubio had said he would oppose the tax bill, and Sen. Mike Lee was wavering, to get a bigger benefit for low-income families.
Days after President Trump personally pushed allies to pressure Congress to repeal a tax law prohibiting churches and tax-exempt institutions from political organizing in its upcoming tax bill, the Senate parliamentarian blocked language for the change on Thursday night. On Monday, Trump invited his cadre of religious supporters in the Oval Office where they gave…
US stocks surged to new record highs amid investor expectations that the final version of the GOP tax bill will be released on Friday evening. The S&P 500 soared 0.8%, while the Dow Jones Industrial Average increased 0.6% and the more...Show More Summary
Sen. Marco Rubio said Friday he would vote for the GOP tax bill, reversing course from his stance a day earlier. Sen. Bob Corker, the only Republican in the Senate to vote no on the original version, also said Friday he would support the bill. Show More Summary
GOP leaders have finally settled on a tax bill that will grant major tax breaks to low and middle income Americans by reducing various benefits granted to higher earners. With the tax bill now set in stone, it appears that the GOP may achieve their legislative goal. Show More Summary
WASHINGTON (AP) — Tennessee Republican Sen. Bob Corker announces support for tax bill, boost for GOP.
Sen. Bob Corker (R-TN) said that he will support the GOP tax plan, saying the legislation represents a “once-in-a-generation opportunity,” The Hill reports. Said Corker: “I know every bill we consider is imperfect and the question becomes is our country [...]
U.S. Republican Senator Bob Corker, a staunch fiscal hawk who has been a critic of emerging tax legislation, said on Friday he will support the sweeping tax overhaul that Republicans hope to approve next week. “I have decided to support the tax reform package we will vote on next week,”...
Marco Rubio insisted that more of the bill's $2000-per-child tax credit be made "refundable," that is, it's a tax credit even if you don't pay taxes. In other words, it's a direct wealth transfer from tax-paying Americans to non-tax-paying Americans....
By Amanda Becker and Richard Cowan WASHINGTON (Reuters) - Republican negotiators in the U.S. Congress put the finishing touches on a sweeping tax overhaul and will release the details later on Friday, including plans for an expanded child tax credit aimed at winning the support of two wavering senators. Show More Summary
Earlier today, Ann Coulter, Republican xenomorph, was talking smack about Senator Marco Rubio promising a yes on the Republican Tax Scam Bill if the childcare tax credit was increased. It was upped to $1,400 and Rubio asked someone to help...
By STEVEN FINDLAY “We’re going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit. Frankly it’s the health-care entitlements that are the big drivers of our debt…that’s really where the problem lies, fiscally speaking.” — Paul Ryan, Dec. 6, 2017 on a talk radio