House OKs Tax Reform 2.0 bills aimed at bolstering retirement savings, incentivizing new businesses

ㅤ"The House on Thursday passed two pieces of Republicans’ ‘Tax Reform 2.0’ package that aim to bolster retirement savings plans and incentivize investments from new businesses.
ㅤHouse leaders are also planning to vote Friday on a third bill to make permanent the individual rate cuts in the GOP’s $1.5 trillion tax law."

Full story at The Washington Times. Posted on 9/27/18. See "tax reform."

White House plans to roll out additional tax proposal toward end of summer

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ㅤ"The White House is aiming to roll out a proposal in the coming months to make permanent the tax cuts for individuals passed in last year’s Tax Cuts and Jobs Act.
ㅤWhite House Director of Legislative Affairs Marc Short said on Friday that his team has been working with House Ways and Means Committee Chairman Kevin Brady (R-Texas) and the Senate Finance Committee on the proposal.
ㅤHe told reporters in a conference call that the White House is hoping to unveil the plan ‘toward the end of summer.’"ㅤ

Full story at The Hill, image from accountingweb(.com) – 5/25/18. See "marc short, tax cuts, tax rates, tax reform, taxes."ㅤHome

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Dem lawmaker introducing bill to repeal GOP tax cuts

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Pictured: Rep. Jared Polis (D-Colo.)

ㅤô¿ô …Unbelievable…and here I’ve been thinking they can’t be serious about raising taxes.ㅤ

Full story at The Hill, image from thehill(.com) – 5/23/18. See "jared polis, tax cuts, tax rates, tax reform, taxes."ㅤHome

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Sen. Ted Cruz Looking To Make Individual Tax Cuts From GOP Bill Permanent

SEN. TED CRUZ LOOKING TO MAKE INDIVIDUAL TAX CUTS FROM GOP BILL PERMANENTp19article144859wp.png

ㅤô¿ô …Cruz sounds like the only Republican in Congress with half a brain. No wonder he keeps getting re-elected.


Full story…at The Daily Wire, image from dailywire(.com) – 4/19/18. Tags: tax cuts, tax rates, tax reform, taxes, ted cruz. 𑗉

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Paul Ryan: We Intend To Make Tax Cuts Permanent

PAUL RYAN: WE INTEND TO MAKE TAX CUTS PERMANENTp17article125151wp.jpg

ㅤ"’Tax certainty is very important to keeping this good economic growth going so obviously we believe that that’s necessary for economic growth — we fully intend to make these things permanent and that’s something we’ll be acting on later this year,’ Ryan said."


Full story…at The Daily Caller, image from whstatic(.com) – 4/17/18. Tags: economy, gdp, gross domestic product, tax cuts, tax rates, tax reform, taxes. 𑗉

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White House Budget Office Takes On Bigger Role In Writing Tax Regulations

WHITE HOUSE BUDGET OFFICE TAKES ON BIGGER ROLE IN WRITING TAX REGULATIONSㅤp12article103654wp.jpg
Pictured: Treasury Secretary Steven Mnuchin

ㅤ"In a joint statement, OMB and Treasury said they had reached an agreement to allow OMB to review tax rules written by Treasury. Since 1983, IRS rules had been exempt from oversight by OMB’s Office of Information and Regulatory Affairs (OIRA), which reviews the regulations of most other government agencies.
ㅤ’Under today’s agreement, Treasury will continue to swiftly and successfully implement historic tax reform while still avoiding needless regulatory costs and delays,’ Steven Mnuchin said in a statement, according to the Washington Examiner."


Full story…at The Daily Caller, image from wordpress(.com) – 4/12/18. Tags: omb, treasury department, tax reform, steven mnuchin. 𑗉

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GOP Tax Cuts Are Not A Gift To The Rich, Analysis Finds

GOP TAX CUTS ARE NOT A GIFT TO THE RICH, ANALYSIS FINDSp09article085541wp.png

ㅤ”The top 20% of wage earners, who paid 84% of all federal income taxes in 2017, will pay 87 percent of all federal income taxes in 2018, an increase of 3%.”


Full story…at The Daily Wire, image from dailywire(.com) – 4/9/18. Tags: tax cuts, tax rates, tax reform, taxes. 𑗉

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Middle-class taxes vote would expose the Democrats

MIDDLE-CLASS TAXES VOTE WOULD EXPOSE THE DEMOCRATSㅤp04article230100wp.png
Pictured: President Trump displays the $1.5 trillion tax overhaul package he had just signed, Friday, Dec. 22, 2017.

ㅤ”Another vote on the Trump tax cut to make the individual rate reductions permanent would effectively force Democrats to admit that they do not want lower taxes. They need more tax dollars to increase the size of government. It is a central organizing principle for Democratic candidates and elected officials.
ㅤWhile there has been some talk of a second tax cut package later this year, forcing a vote on this issue is a clear, unifying, strategic and meaningful step that Republicans can take. Vulnerable Democrats can either help Republicans make the individual tax cuts permanent or they can show their true colors and deal with the consequences.”


Full story at The Washington Times, image from marfeel(.com) – 4/4/18. Tags: tax cuts, tax law, tax rates, tax reform, taxes. 𑗉

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Watch Americans Tell Ryan How Thankful They Are For Tax Reform

WATCH AMERICANS TELL RYAN HOW THANKFUL THEY ARE FOR TAX REFORMp02article184948wp.jpg

ㅤ”Speaker of the House Paul Ryan went to Dallas on Monday afternoon to tell Southwest Airline employees about the benefits of tax reform, but it became quickly apparent those present couldn’t wait to describe how tax reform has benefited their lives.”


Full story and video at The Daily Caller, image from dailycaller(.com) – 4/2/18. Tags: tax cuts, tax rates, tax reform, taxes. 𑗉

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Senate GOP Claims They Will Gain A Stronger Majority In 2018

SENATE GOP CLAIMS THEY WILL GAIN A STRONGER MAJORITY IN 2018ㅤp15article095438wp.jpg
Pictured: Sen. Cory Gardner

ㅤ”National Republican Senatorial Committee (NRSC) Chairman Sen. Cory Gardner told his Republican colleagues Tuesday that he believes the caucus would pick up five seats if the November midterm elections were held tomorrow.
ㅤ’I think come November we will continue to build our strong economy message,’ Gardner told The Hill. ‘The benefits of the tax cuts are real. Today Democrats are advocating a massive tax increase at the Commerce Committee.'”


Full story at The Daily Caller, image from usnews(.com) – 3/15/18.ㅤTags: tax cuts, tax rates, tax reform, taxes, cory gardner.

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Top Republican eyes second phase of tax cuts this year

TOP REPUBLICAN EYES SECOND PHASE OF TAX CUTS THIS YEARㅤp14article150018wp.png
Pictured: Kevin Brady

ㅤ”House Ways and Means Committee chair Rep. Kevin Brady (R-Texas) told Fox Business Network’s ‘Varney and Co.’ that Republicans are eyeing a release of the phase two tax proposal ‘this year,’ which he says could include making temporary tax cuts for working families that were passed in December permanent.”


Full story at The Hill, image from thehill(.com) – 3/14/18.ㅤTags: tax cuts, tax rates, tax reform, taxes, kevin brady.

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Echo of Obamacare: Dems divided over vow to repeal tax law

ECHO OF OBAMACARE: DEMS DIVIDED OVER VOW TO REPEAL TAX LAWp28090607.jpg

ㅤ”From New Mexico to New York, high-profile liberals are calling for the repeal of the Republican tax plan that President Donald Trump signed into law just two months ago. They’re betting big that the message will resonate with voters in the midterm elections in November and provide the sort of clear, populist economic message some Democrats worry has been missing.”

ㅤô¿ô …A bowel movement masquerading as a populist movement.


Full story at The Washington Times, image from youtube(.com) – 2/28/18.ㅤTags: tax cuts, tax rates, tax reform, taxes.

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New York Times Poll: President Trump’s Tax Bill Clinches Majority Support

NEW YORK TIMES POLL: PRESIDENT TRUMP’S TAX BILL CLINCHES MAJORITY SUPPORTp21113523.png

ㅤStory via the Yuge Trump Economy – “A recent New York Times poll found that 51% of Americans now support President Trump’s tax bill. Surprisingly, even support among Democrats has doubled! Here are a few examples of how President Trump’s new tax reform is helping American taxpayers…”


Full story at The New York Times, image from wordpress(.com) – 2/21/18.ㅤTags: tax cuts, tax rates, tax reform, taxes.

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NYT Poll: Majority Of Americans Support Tax Reform

NYT POLL: MAJORITY OF AMERICANS SUPPORT TAX REFORMp19164501.png

ㅤ”A majority of Americans now support Republican-led tax reform, according to a new poll from The New York Times.
ㅤThe poll, done in conjunction with Survey Monkey, says that 51 percent of Americans approve of tax reform, while just 46 percent disapprove. Republicans have enjoyed a steep rise in support for their tax reform plan, climbing from just 37 percent approval in December and then 46 percent approval in January.”


Full story at The Daily Caller, image from onsizzle(.com) – 2/19/18.ㅤTags: tax cuts, tax rates, tax reform, taxes.

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Gov’t Collects Record Revenue A Month After Tax Reform Passes

GOV’T COLLECTS RECORD REVENUE A MONTH AFTER TAX REFORM PASSESp14185126.png

ㅤ”This graph from CNS News shows the total tax revenue, adjusted for inflation, in the month of January for every year since 1985.”


Full story at The Daily Caller, image from dailycaller(.com) – 2/14/18.ㅤTags: tax cuts, tax rates, tax reform, taxes.

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MetLife boosts minimum wage, creates new benefits after GOP tax cuts

METLIFE BOOSTS MINIMUM WAGE, CREATES NEW BENEFITS AFTER GOP TAX CUTSp12145547.jpg

ㅤ”‘As a result of tax reform, we are making a significant investment in our employees. We are enhancing pay and benefit programs and helping them develop skills that will make them more valuable members of our team,’ MetLife CEO Steven Kandarian said.”


Full story at The Washington Examiner, image from washingtonexaminer(.com) – 2/12/18.ㅤTags: steven kandarian, metlife, tax reform.

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Cook Political Report moves 21 House races toward Dems

COOK POLITICAL REPORT MOVES 21 HOUSE RACES TOWARD DEMSp08125227.png

ㅤ”Cook’s analysis does not address the impact of the GOP’s tax reform plan, which Republicans have pointed to as a potential saving grace ahead of the midterms. Democrats have taken advantage of the plan’s low marks in its infancy to blast the plan as one that disproportionately benefits the country’s top earners, and are expected to continue to do so.
ㅤBut while more recent polling still shows the plan below majority approval, the tax plan’s approval rating has increased in the first month of this year, giving Republicans some hope the party can point to the plan to help play defense at the ballot box.”

ㅤô¿ô …In other words, the left’s predictions for the midterms are as accurate as the left’s prediction for the impact of tax reform. Since Cook has ignored tax reform, Cook’s predictions should be ignored.


Full story at The Hill, image from thehill(.com) – 2/8/18.ㅤTags: tax reform, house majority.

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Chipotle giving employees $1,000 cash gifts, stock bonuses as result of GOP tax law

CHIPOTLE GIVING EMPLOYEES $1,000 CASH GIFTS, STOCK BONUSES AS RESULT OF GOP TAX LAWp07142846.jpg

ㅤ”Chipotle Mexican Grill announced Wednesday many of its 71,000 employees will receive a $1,000 cash bonus and one-time stock bonus as a result of the Republican tax reform law’s passage in December.”


Full story at The Washington Examiner, image from washingtonexaminer(.com) – 2/7/18.ㅤTags: tax cuts, tax rates, tax reform, taxes, chipotle.

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The Largest Donor to Hillary Clinton Is Giving Out $1K Bonuses Due to Tax Cuts

__THE LARGEST DONOR TO HILLARY CLINTON IS GIVING OUT $1K BONUSES DUE TO TAX CUTS__ㅤp02185540.jpg
Pictured: Haim Saban, and his wife, Cheryl

ㅤ”As you may know, at the end of 2017, the Federal Government enacted the most fundamental tax reform since 1986. These reforms are impacting our company in different ways, including a lower tax rate.
ㅤAs a global investment firm, we recognize that our most important assets are every one of you — at Saban Capital, Real Estate, Films, Brands, Foundation and the Family Office.
ㅤWe have been inspired by what Bob Iger has done for Disney employees. As the Hebrew saying goes ‘I shall learn from all my teachers’ so we decided to follow suit.” — Cheryl & Haim


Full story at The Independent Journal Review, image from mintpressnews(.com) – 2/2/18.ㅤTags tax cuts, tax rates, tax reform, taxes, saban.

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Exxon Mobil to spend $50 billion in US, citing Republican tax reform

ㅤEXXON MOBIL TO SPEND $50 BILLION IN US, CITING REPUBLICAN TAX REFORMㅤp29170313.jpg
Pictured: Chief Executive Office Darren Woods

ㅤ”‘At ExxonMobil, we plan to invest more than $50 billion over the next five years to expand our business in the United States. These investments are underpinned by the unique strengths of our company and enhanced by the historic tax reform recently signed into law,’ Chief Executive Office Darren Woods said in a posting Monday on the company’s website.”


Full story at The Washington Examiner, Image from wordpress(.com) – 1/29/18.ㅤTags tax cuts, tax rates, tax reform, taxes, exxonmobil, conservative, politics.

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FedEx investing $3.2B in employee wages, bonuses, pensions, expanding US operations

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ㅤ”The shipping giant will spend more than $200 million more on annual pay increases that will take effect April 1, instead of the usual October date.
ㅤFedEx will also contribute $1.5 billion to its pension plan and direct another $1.5 billion to expand its Express hub in Indianapolis over the next seven years. The SuperHub in Memphis, Tenn., will also be brought up to date and expanded.”


Full story at The Washington Examiner, image from washingtonexaminer.com (tags tax cuts, tax rates, tax reform, taxes, fedex) – 1/26/18

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