President Trump and congressional Republicans talk about their tax overhaul plan as if it’s a sure-fire bet for the economy. Far from it. There’s little historical evidence that tax cuts actually pay off in boosting economic growth long-term. And today’s combination of high federal debt and a tight...

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BING NEWS:
  • Why is a group of billionaires working to re-elect Trump?
    Elon Musk, Rupert Murdoch and their cronies, by plotting to elect a neo-fascist like Trump, are leading a movement against democracy and freedom ...
    06/3/2024 - 12:39 am | View Link
  • Five reasons to make the Trump tax cuts permanent
    The House Budget Committee similarly concluded in an analysis last month that the Trump tax cuts “resulted in economic growth that was a full percentage point above CBO’s forecast.” Revenue was $200 ...
    06/2/2024 - 1:02 pm | View Link
  • White House: Extending Trump’s tax cuts would be an 'inflation bomb'
    The White House is releasing a new public memo to allies Thursday that seeks to link the extension of Trump-era tax cuts to inflation, a top-of-mind issue for voters. The Republican push to extend and ...
    05/30/2024 - 3:00 am | View Link
  • US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
    The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said in a downgrade from its previous estimate ...
    05/30/2024 - 1:47 am | View Link
  • Taxpayers are poorer without a carbon tax
    Instead of imposing a carbon levy on polluters to fund big personal income tax cuts, governments are gambling taxpayer money on climate and energy projects.
    05/28/2024 - 2:36 pm | View Link
  • More

 

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