Sentences with phrase «huge tax cuts»

During Friday's Democratic Weekly Address, Senator Sheldon Whitehouse (D - RI) discussed the tax bill and stated, «workers are not seeing the benefits of the huge tax cuts that went to the companies they work for.
Giving huge tax cuts to the super-rich while we're taxing millionaires and trying to build economic fairness.
But living standards are still falling for the hard working majority whilst a handful of millionaires get huge tax cuts.
After doling out huge tax cuts to the wealthiest Americans and large corporations, Republicans will now do a bait...
«The Republican Tax Scam is nothing more than huge tax cuts for the rich and big corporations, paid for by tax increases on millions of middle - class families,» said DCCC spokesman Evan Lukaske.
He contrasted the decision to strip 370,000 disabled people of # 3,500 - a-year with the huge tax cuts handed out to the rich.
It isn't the fault of Republican primary voters that the Huntsman campaign combined seeming contempt for the Republican electorate with a middle - class tax increase and huge tax cuts on high earners.
The President's budget document states, «Prudent investments in education, clean energy, health care and infrastructure were sacrificed for huge tax cuts for the wealthy and well - connected.
President Donald Trump on Monday will offer a budget plan that falls far short of eliminating the government's deficit over 10 years, conceding that huge tax cuts and new spending increases make this goal unattainable, three people familiar with the...
This is in large part due to the huge tax cuts and recent Republican commitments to boost military and domestic spending.
Nor is it healthy to assume that huge tax cuts will pay for themselves.
Many of those dreams have been realized, culminating in Mr. Trump signing a huge tax cut into law in December.
U.S. President Donald Trump told a cabinet meeting on Monday that his administration is going to «give the American people a huge tax cut for Christmas.»
«Most Americans would rather use these dollars to create millions of middle class jobs and redo our infrastructure than see the very wealthiest corporations and the very wealthiest individuals get a huge tax cut,» Schumer said.
«While millionaires have been given a huge tax cut, for everyone else life is getting harder with prices still rising much faster than wages.»
He voted to give a huge tax cut to himself and his chums at the Clarence Country Club.
Naturally, there's also a huge tax cut attached.
The U.S. Senate tax bill offers a huge tax cut for corporations, lower rates for the wealthy, and a big victory for Republicans and the White House.
Now we give a huge tax cut to the wealthy because Citizens United allowed the wealthy to by a Republican majority.
The shadow chancellor said the coalition government had given the «richest people in the country a huge tax cut» by scrapping the 50p top rate - something he said «can not be right».
«We're going to give the American people a huge tax cut for Christmas,» President Trump said in a clip played on «The Daily Show.
Since Trump is also proposing a huge tax cut and a $ 1 trillion infrastructure plan, a major increase in education spending does not seem likely.
Other banks responded to the huge tax cut by offering bonuses, raises or other benefits to employees.

Not exact matches

«The combination of corporate tax cuts and repatriation were huge boosts to all the bottom lines of companies, not just the domestic ones,» the «Mad Money» host said.
Hagel's nomination comes on the heels of a New Year's Day deal that averted economic calamity when lawmakers agreed to prevent huge tax hikes and government spending cuts.
«From 1980 to 2007, in that period, revenues from the top 1 per cent of income earners went from 1.6 per cent of GDP, to 3.1 per cent of GDP, a huge surge of revenues from the highest income earners,» he said, crediting tax cuts with generating that wealth during those years.
«By cutting corporate taxes, we're going to create huge economic growth and we'll have huge personal income,» Mnuchin told «Squawk Box,» confirming he has been tapped for Treasury secretary.
Overall, it's a huge cut to corporate taxes and individual rates for high earners, with some significant cuts to deductions that are nowhere near enough to pay for it all.
«Pass - through» companies like LLCs, partnerships, sole proprietorships, and S corporations, which are overwhelmingly owned by rich individuals like Donald Trump and currently pay normal income tax rates after their earnings are returned to the companies» owners, would get a huge number of tax cuts too:
Carrying a huge mortgage in order to cut down on your tax bill is one of the worst pieces of financial advice I have ever heard.
Many economists oppose wealth taxes like the estate tax on the grounds that they penalize savings, but intergenerational transmission of wealth also has huge negative externalities (heirs less willing to work, less equal politics, etc.) that cutting the estate tax dramatically would worsen.
Based on the huge jump in credit card debt to an all - time high and the decline in the savings rate to a record low in Q4 2017, it's most likely that the average consumer «pre-spent» the anticipated gain from Trump's tax cut.
If you think the driving force behind the trade deficit is the savings - investment gap it becomes very obvious that what has destroyed manufacturing jobs is the Republican tax cuts that shifted the saving - investment gap from a relatively minor item to a huge problem.
This cut represented a huge tax reduction on dividend income.
The ability for Trump to abrogate hard - fought existing trade agreements, to kill off universal healthcare, to deficit spend building a huge amount of infrastructure — including a wall — and provide tax cuts to those of least need is deeply unsettling to many.
And the Trump administration legislative agenda reads like a corporate wish list as well: huge corporate tax cuts, privatizing the nation's infrastructure, and so on.
Warren Buffett says the Trump tax cuts passed late last year were a huge win for him and his company, Berkshire Hathaway (BRK - A, BRK - B).
They want it both ways: cut the deficit and give a huge tax subsidy to the top income bracket.
The budget «makes huge, irresponsible cuts hurts families who are struggling to find jobs and put food on the table, but provides big tax breaks for millionaires and large corporations whose profits are soaring,» Kelly says.
It takes a little research but the legalization in Colorado has proven to be beneficial - crime rate cut in half; tax revenue with a huge portion going to support public schools.
Hewitt is expecting these «crucial commitments» from a candidate who promised gargantuan upper - income tax cuts during the Republican primary, then said he wasn't necessarily a huge fan of his own tax cut proposal, and then engaged in nonsensical double - talk about whether taxes would go up or down on high - earners.
Corbyn pledged that a Labor government would give the NHS and social care with sufficient assets while blaming May for driving a legislature that gives billions away in tax reductions to huge business and the wealthiest in the public eye while cutting administrations for the most helpless.
The Ravens didn't want to pay the entire bonus up front, and Ogden's agent, Marvin Demoff, wanted a huge chunk deferred in case Bob Dole becomes president and is able to institute his promised 15 % tax cut.
One could easily suggest that his swamp to which he refers is cluttered with Bush's own crap: the security failure that allowed 9/11; two unnecessary ground wars in Muslim countries; wars that involved the silly nation - building rationale and which were not paid for; tax cuts that failed the trickle - down test and produced huge deficits / debts; a major attack on Social Security in promoting privatization; and the de-regulation and laissez - faire style that allowed the mortgage and bank meltdown.
Assembly Republicans put the finishing touches Tuesday on Gov. Scott Walker's plan to devote a huge chunk of the state's surplus to tax cuts, approving the proposal one last time before sending it to the governor to be signed.
The gridlock includes the expiring Bush 2 tax cuts; the increase in the debt ceiling; the huge budget cuts that will kick in by next year; and entitlement reform.
If we rebalance the tax system, closing the loopholes at the top to cut income tax for everyone else, we can take a huge step in easing the financial burden that prevents people from changing their circumstances.
«A vote for Ukip is a vote for higher taxes for working families, charges to see your GP, huge tax giveaways for the rich and even deeper cuts to public services.»
When Trump adds his distinctive signature to the tax bill, he will also be making a huge bet that the Republican strategy of deep cuts for businesses and wealthy individuals will fuel extraordinary growth across the board.
- is virulently against private gun ownership - is a HUGE supporter of quotas and racial set asides (yet decries racism)- is pro DC voting rights / statehood - is very much pro-choice - is against the death penalty - favors raising taxes (and letting Bush's expire), not cutting spending - favors a nationalized health care plan
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