This is the Republican tax scam in action, folks. Shortly after the GOP passed their plan to reward corporations with massive giveaways, Harley-Davidson announced their Kansas City plant closure and the layoffs of about 800 workers. Days later, they announced nearly $700 million in stock buybacks to benefit wealthy shareholders and executives.
FBN Anchor Trish Reagan takes on the GOP tax bill for rewarding fat-cat hedge fund managers with tax rates lower than those paid by a New York cop. Yes, the same tax break that Trump promised to get rid of during his campaign.
Not One Penny is blasting the tax bill as part of a seven-figure nationwide ad buy, the first time that the progressive group has launched a widespread campaign against incumbent Republicans.
“We have to do two things. We have to generate economic growth which generates revenue, while reducing spending. That will mean instituting structural changes to Social Security and Medicare for the future.”
With the Senate gearing up to vote this week on Republicans’ sweeping tax reform package, the campaign arm for Senate Democrats will launch a new ad framing the proposed changes as a costly “scam” on taxpayers.
Democrats weren’t part of drafting the Senate’s plan to rewrite the nation’s tax code, and Nelson is personally appealing to his Republican colleagues on the Senate Finance Committee to find common ground.
Vice President Mike Pence took the GOP tax cut quest to Orlando on Thursday and promised utopia. “We’re going to save people time. We’re going to save people money. We’re going to simplify the tax code, once and for all
The Republican tax plan is off to a very rocky start. New polling shows their plan is extremely unpopular because it helps the wealthy and big corporations at the expense of the middle class.