Tax bill moving on to final passage

ㅤ”Republicans on the Senate-House conference committee signed their massive tax overhaul legislation Friday, sending it to both chambers for final passage next week.
ㅤRepublicans expressed confidence that the bill would be placed on President Trump’s desk before Christmas.”

Full story at The Washington Examiner, image from form9465(.com) • tax cuts, tax rates, tax reform, taxes, republicans ㅤ Home

Fed Says Tax Cuts Will Strengthen Economy and Fed Won’t Stand in the Way of a Trump Boom

ㅤ”The Fed put its considerable weight behind tax cuts Wednesday, announcing that it sees tax cuts as contributing to economic growth without driving inflation higher than its target.
ㅤThe Federal Reserve’s policymakers upgraded their forecast for economic growth next year and lowered their projections for unemployment while leaving their view of interest rates and inflation unchanged.”

Full story at Breitbart, image from breitbart(.com) • economy, gdp, gross domestic product, tax cuts, tax rates, tax reform, taxes, fed, monetary policy, inflation, federal reserve, janet yellen, yellen ㅤ Home

Pat Sajak Has a Message for Liberals up in Arms Over Lower Taxes — It’s a Barnburner

ㅤ”Reminder to all [liberals]: tax rates are merely legal minimums. You are free to send as much as you’d like.” — Pat Sajak

ㅤô¿ô …Sajak’s endorsement of Conservatives is worth more than all other Hollywood celebritys’ endorsements combined.

Full story at The Independent Journal Review, image from ijr(.com) • tax cuts, tax rates, tax reform, taxes, pat sajak, sajak, wheel of fortune ㅤ Home

Senate Republicans get tax victory in early Saturday morning vote

ㅤ”The final vote came after Republicans secured the 50 votes needed for passage, and then passed it 51-49, relieving Vice President Mike Pence from the duty of breaking a 50-50 tie.”

Full story at The Washington Examiner, image from washingtonexaminer(.com) • senate, senate republicans, tax bill, tax cuts, tax rates, tax reform, taxes, u.s. congress ㅤ Home

Collins: Senate bill will include property-tax deduction


ㅤPictured: Sen. Susan Collins (R-Maine)

ㅤ”Under Collins’s amendment, people who itemize their deductions will be able to deduct up to $10,000 in state and local property taxes. A similar provision was included in the House-passed bill to win over GOP House members from blue states such as New York and California.”

ㅤô¿ô …This is just a loophole for the privileged in blue states, be they Dem or GOP. And as usual, both parties claim they want to help middle-income Americans.
ㅤAfter thousands of years, its apparently still necessary to please the nobility.

Full story at The Hill, image from thehill(.com) • collins, property taxes, salt, standard deduction, susan collins, tax cuts, tax deductions, tax rates, tax reform, taxes ㅤ Home

Senate Republicans Attempt To Rewrite Tax Bill At The Last Minute


ㅤPictured: Sen. Bob Corker

ㅤ”It doesn’t look like the trigger is going to work according to the parliamentarian, so we have an alternative — frankly a tax increase we don’t want to do — but we ate trying to address Sen. Corker’s needs,’ Senate Majority Whip John Cornyn told reporters Thursday.”

Full story at The Daily Caller, image from cnn(.com) • bob corker, corker, david perdue, perdue, senate, senate republicans, tax bill, tax cuts, tax rates, tax reform, taxes, u.s. congress ㅤ Home

137 Economists Sign Open Letter Endorsing GOP Tax Plan

ㅤ”‘Economic growth will accelerate if the Tax Cuts and Jobs Act passes, leading to more jobs, higher wages, and a better standard of living for the American people. If, however, the bill fails, the United States risks continued economic underperformance,’ the letter reads.”

Full story at The Daily Caller, image from form9465(.com) • jobs, labor force, middle class, middle income, tax cuts, tax rates, tax reform, taxes, workforce, working class

Mitch McConnell is confident the Senate will pass tax reform either late tonight or early tomorrow

ㅤ”‘We are on the cusp of a great victory for the country and particularly small business,’ Mitch McConnell said at an event featuring small business owners praising the GOP tax plan.”

Full story at The Washington Examiner, image from washingtonexaminer(.com) • aca, obamacare, senate, senate republicans, tax cuts, tax rates, tax reform, taxes, u.s. congress

Senate to test White House on 20 percent corporate tax rate


ㅤPictured: Sen. Marco Rubio, R-Fla., and Sen. Mike Lee, R-Utah

ㅤ”Republican Sens. Marco Rubio of Florida and Mike Lee of Utah announced Wednesday that they planned to offer an amendment that would set the corporate tax rate slightly higher, at 22 percent, in exchange for making the child tax credit refundable against payroll taxes and available to more lower-income families.”

Full story at The Washington Examiner, image from washingtonexaminer(.com) • marco rubio, rubio, tax cuts, tax rates, tax reform, taxes, mike lee

Senate votes to advance $1.4 trillion tax cut bill

ㅤ”The Senate voted Wednesday to open debate on a $1.4 trillion tax bill after Republican leaders worked out preliminary deals to the smooth over the concerns of several Republican lawmakers.”

Full story at The Washington Examiner, image from washingtonexaminer(.com) • senate, senate republicans, tax cuts, tax rates, tax reform, taxes, u.s. congress

Rand Paul to vote for Senate GOP tax bill

ㅤ”‘This tax bill is a true test for my colleagues. I’m not getting everything I want — far from it. … I’ve fought for and received major changes for the better — and I plan to vote for this bill as it stands right now,’ Paul wrote in a Fox News op-ed.”

Full story at The Hill, image from thehill(.com) • paul, rand paul, senate, senate republicans, tax cuts, tax rates, tax reform, taxes, u.s. congress

After Obamacare failure, Senate gets a second chance with tax vote

ㅤ”Majority Leader Mitch McConnell, R-Ky., hasn’t officially scheduled a vote on the Tax Cuts and Jobs Act, which the Senate Finance Committee approved earlier this month. But a vote is planned for next week, a top GOP aide told the Washington Examiner.”

ㅤô¿ô …It looks like there will be something worth reporting next week.

Full story at The Washington Examiner, image from form9465(.com) • mcconnell, mitch mcconnell, senate, senate republicans, tax cuts, tax rates, tax reform, taxes, u.s. congress

House Tax Bill Would Hammer American Grad Students But Not Foreign Counterparts

ㅤ”Universities could potentially preserve students’ tax breaks by re-classifying tuition waivers as scholarships, but they would no longer be able to require students to work as a condition of receiving the money.”

Full story at The Daily Caller, image from wisc(.edu) • tax cuts, tax rates, tax reform, taxes, tuition waivers

Sanders: Democrats have been completely shut out of tax reform

ㅤ”If Democrats were not such obstructionists and understood the power of lower taxes, we would be able to get many of their ideas into Bill.” — President Trump

ㅤô¿ô …The Dems understand completely. At the state and local levels, corporate tax breaks are a common tool for bringing jobs to the area. That common tool is now needed at the national level.
ㅤThe big city Dems have a long history of dishonesty and corruption. Their objectives are to make the entire USA pay for their mismanaged cities and line the pockets of their corrupt local politicians. They’re scum. Get it?

Full story at The Hill, image from alternet(.org) • bernie sanders, tax cuts, tax rates, tax reform, taxes, conservative, politics

Ad encourages GOP rep to vote no on tax bill

ㅤ”A liberal group has launched an advertisement in Maine encouraging Sen. Susan Collins (R-Maine) to vote against Senate Republicans’ tax reform proposal.”

ㅤô¿ô …Collins is a self-seeking rebel. I think liberals’ pressure tactics will likely backfire. By rejecting the liberals, Collins would improve her relationship with the GOP.

Full story at The Hill, image from newyorker(.com) • susan collins, tax cuts, tax rates, tax reform, taxes, not one penny, conservative, politics

Democrats zero in on healthcare with amendments to Senate tax bill


ㅤPictured: Ron Wyden has a luxurious condo in Puerto Rico he’ll sell you at an attractive price.

ㅤ”This tax bill is now officially a healthcare bill,’ Ron Wyden of Oregon, the ranking Democrat on the Senate Finance Committee, said Wednesday in the early going.”

ㅤô¿ô …The next lie in the Democratic scums’ campaign of disinformation. GOP leadership can and will dismiss their amendments without requiring anyone’s consent.

Full story at The Washington Examiner, image from washingtonexaminer(.com) • health insurance, healthcare, tax cuts, tax rates, tax reform, taxes, ron wyden, conservative, politics

Silicon Valley Outraged at Proposed Tax Reforms on Stock Options

ㅤ”Venture capitalists claim it is good social justice policy for start-up companies to pay employee compensation mostly in the form of incentive performance stock options, rather than wages. But avoiding wage compensation also eliminates paying employer taxes.”

ㅤô¿ô …Same old song and dance. The privileged are whining again because they won’t be able to exploit tax loopholes and cheat the American people. It’s worse than it used to be because it seems they can cover up their greed with “social justice.”

Full story at Breitbart, image from breitbart(.com) • tax cuts, tax rates, tax reform, taxes, silicon valley, conservative, politics