Tag Archives: tax cuts for the rich

Enumerati

Half Expect Their Taxes Will Increase Under Current GOP Plan

47% to 26%

A new Monmouth poll finds Americans disapprove of the tax reform plan currently making its way through Congress by a nearly 2-to-1 margin, 47% to 26%. It is worth noting that strong disapproval (35%) of the proposal far outweighs strong approval (13%). Key finding: “Half the public believe their own taxes would go up under this plan and a plurality would like to see Congress scrap the current effort and start fresh in 2018.”

Enumerati

GOP Tax Plan Would Raise Taxes for Many Working-Class Americans

12%

“House Republicans’ tax bill would increase taxes for 12 percent of Americans next year, according to a new report from the nonpartisan Tax Policy Center. By 2027, at least 28 percent of Americans would see their taxes rise, the report says. Many of those taking a hit would be people who make less than $48,000 a year,” the Washington Post reports.

Poetic Justice

Mnuchin the Noodge

Cutting taxes — that’s what tax reform is for —
An assertion the Treasury Secretary can’t ignore.
Though about who gets cuts,
Steve Mnuchin ifs, ands and buts,
And he won’t say that the middle class won’t pay more.

Poetic Justice

That Voodoo Trump Do

Gary Cohn and Steve Mnuchin are a pair of mavericks,
Who say they won’t pay for Trump’s tax cuts for the rich.
We’ve got a case of deja vu —
It sounds like 1982,
When Ronald Reagan dabbled in disastrous Voodoo Economics.