Sentences with phrase «special interest loopholes»

Candidate Trump signaled that closing the loophole was critical to restoring fairness to the system: «The rich will pay their fair share» he said in a speech in Detroit last August, adding he would «eliminate the carried interest deduction and other special interest loopholes that have been so good for Wall Street investors, and for people like me, but unfair to American workers.»

And paid fairly, based on the value of their work in a free market, not a market distorted by special interest loopholes and exemptions.

Not exact matches

Trump riffed that closing loopholes and reducing the complexity from the tax system might cost him personally, but said that the complex current tax code «disadvantages ordinary Americans who don't have an army of accountants while benefitting deep - pocketed special interests.»

In particular, a White House official told Axios that Trump would call to end «the special - interest loopholes that have only benefited the wealthy and powerful few» so the president could pay for tax cuts.

With a smaller tax - cutting budget available, and with little revenue available from closing «special - interest loopholes» despite Trump's rhetoric, Republicans will have to choose among tax benefits for four groups:

There would be no special interest tax loopholes and the government would not be picking winners and losers in the market.

«The Senators are taking advantage of a corrupt system that lets politicians and special interests exploit loopholes for their own gain while average folks struggle just to stay above water.»

Even if outside income is banned, it will remain extremely easy for deep - pocketed special interests to give large amounts of money to lawmakers via the LLC loophole, the housekeeping account loophole, and various other scurvy methods that have made Albany synonymous with corrupt state government.

Until we eliminate the LLC loophole, large flows of unattributed money from special interest groups can continue to influence the actions of our state elected officials.

«The LLC loophole allows big special interests to virtually by pass the campaign contribution limits that apply to most New Yorkers, and give politicians vast sums of money, often without clearly identifying the source,» said Kavanagh, the bill's sponsor.

However, finding that there are loopholes allowing special interest money into elections is a call to close those loopholes, not to move away from small - donor empowerment.

So the governor says he won't call the Legislature back for a special session to consider the core issues of further limiting or curtailing altogether outside income, and closing the LLC loophole that allows a torrent of special interest funding into political campaigns.

«Addressing the negative impact that the Citizens United decision has had on our democracy is important,» Stewart - Cousins said in a statement to Gotham Gazette, «but also we must take action to fix our own glaring campaign finance and ethics issues in New York State such as closing the LLC Loophole which also allows special interests to contribute endless amounts of money.

Special interest - funded junkets weren't the only gift loophole highlighted by Common Cause.

By closing loopholes that allow deep - pocketed special interests to skirt campaign finance laws and influence campaigns, we can level the playing field and ensure fairer elections.

The Reform Party wishes to balance the budget by addressing these issues, and raising revenue by cutting special interest tax loopholes.

Furthermore, the bill, which was passed in a state budget agreement in early April, fails to lower sky - high campaign contribution limits, close campaign funding loopholes, or mandate greater disclosure of independent expenditures by special interest groups.

The LLC loophole was created by the Board of Elections in 1996, and has allowed special interests to spend tens of millions of dollars since.

The loophole has allowed special interest groups to funnel tens of millions of dollars into political campaigns, sometimes in secret, and circumvent contribution limits that individuals would otherwise have to follow, according to the Brennan Center, which has sued New York's Board of Elections to try to force it to close the loophole.

These special interests fight a difficult battle, because they are always vulnerable to the accusation of «special treatment» by the government (we have all heard about the oil company tax loopholes).

Unfortunately, special interest groups like the National Rifle Association are attempting to undermine this progress by supporting a bill introduced by Congressman Don Young (R - AK), which would prevent any changes from being made to how the United States treats its ivory market, thus allowing loopholes to remain.

It would be easier to implement and enforce, it would prevent special interests from opening up loopholes and it would create an opportunity to cut taxes.