Taxpayers to spend $24.6 million a month on tent courts in Texas.After dragging its feet since mid-August, the Department of Homeland Security announces plan to comply with court order to reinstate Trump's Remain in Mexico policy.
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https://justthenews.com ^
| October 18, 2021 - 10:43pm | By Bethany Blankley
The Biden administration on Thursday said it will begin to comply with a federal order to reinstate the Trump-era "Remain in Mexico Policy," known as the Migrant Protection Protocols (MPP), by mid-November. MPP requires those applying for asylum in the U.S. to remain in Mexico while they wait for their immigration hearing,
which often takes years. On his first day in office, President Joe Biden suspended MPP, along with other immigration laws and policies, resulting in a record number of people pouring across the southern border illegally. In March, Biden told reporters: "Rolling back the policies of Remain in Mexico...
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Barbra Streisand calls out Trump's tax plan, says Hollywood and others will be 'punished'
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Fox News ^
| January 5, 2017
Barbra Streisand took to Twitter on Thursday to share her thoughts about Trump and the GOP’s new tax plan. The
actress, who is known as a frequent critic of the Trump administration, explained that the new tax plan is a trap that is deliberately meant to harm those who live in blue states, athletes, the middle class and Hollywood. “I don’t think it’s a coincidence that blue states, athletes, actors, writers, producers, and directors will be punished by this scam of a tax bill, where billionaires get billions, and the middle class gets bupkis (practically nothing) – and an eventual...
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Trump's Big Tax Plan Will Fuel Economy for a Decade
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newsmax ^
| November 29, 2017 | Christopher Ruddy
I am backing President Trump’s efforts for a major tax reduction and reform plan because I think it will create one of the greatest economic booms in history. Despite
serious concerns about some provisions, buried in the Senate and House tax bills is a golden nugget. The final tax plan won’t be hammered out until the House and Senate each pass their respective bills and send them to the conference committee where the president can truly weigh in. So far everybody has been talking about the individual and business tax rates, but the true “gift” of the Trump tax plan...
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Yankees president Randy Levine rips Donald Trump's tax plan
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Newark Star-Ledger ^
| November 28, 2017 | Joe Giglio
Randy Levine has never been shy about speaking his mind--especially when money is on the table. The
Yankees president has become known for boasting about his team--or against certainly players (Dellin Betances) when he feels it's necessary. The latest to feel the wrath of Levine: President Donald Trump.
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Reality check: Will Trump's tax plan really give you a $4,000 pay raise?
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CNNMoney ^
| October 25, 2017 | Jeanne Sahadi
The White House is actively marketing the promise that President Trump's tax plan will mean at least $4,000 more in income every year for the average household. That
figure is based on a report by Trump's chief economist Kevin Hassett, who looked at various studies to gauge how cutting the corporate tax rate to 20% from 35% today might affect workers' pay. But before anyone reworks their budget to make way for all that new cash, here are a few things to keep in mind:
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VIDEO: Students love Trump's tax plan...when told it's Bernie's
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Campus Reform ^
| 10/21/2017 | Cabot Phillips
President Donald TrumpÂ’s proposal for comprehensive tax reform was almost immediately dismissed as heartless and impractical by his political opponents. When
the same ideas are packaged under Bernie Sanders' name, however, liberal college students excitedly endorsed them. Students love Donald Trump's tax plan when it's packaged under Bernie Sanders' name. President Donald Trump’s proposal for comprehensive tax reform was almost immediately dismissed as heartless and impractical by his political opponents.But what would some of those opponents think if they were told the same plan was being proposed by someone they adore—Senator Bernie Sanders?To find out, we headed to George...
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Liberals Love Trump's Tax Plan... When Told It's Bernie Sanders' Plan
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Campus Reform channel at YouTube ^
| October 20, 2017
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VIDEO: Students love Trump's tax plan, when told it's Bernie's.
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Campus Reform ^
| 10/20/2017 | Cabot Phillips
SHARES Share to FacebookShare to TwitterShare to RedditShare to EmailShare to More •President Donald Trump’s proposal for comprehensive tax reform was almost immediately dismissed as heartless and impractical by his political opponents. •When
the same ideas are packaged under Bernie Sanders' name, however, liberal college students excitedly endorsed them.
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Trump's tax plan is ALREADY in trouble with his own party as plan to axe state(T)
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dailymail.co.uk ^
| 9/29/2017 | David Martosko
As President Trump prepares to sell his tax plan to the nation's manufacturing lobby on Friday, his best-laid tax plans have already drawn objections from some fellow Republicans who are fuming over the decision to end deductions for state and local income taxes. The
situation will pit the White House against members of Congress from states that pile high income taxes on top of what the federal government takes from paychecks. High-income Californians, for instance, pay as much as 13.3 per cent of their income to the state in addition to their federal taxes. New Yorkers can pay up to...
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Here's why Trump's tax plan will hit Californians especially hard
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LA Times ^
| 9/28/17 | Jim Puzzanghera
Many Californians face a big financial hit under the Republican tax plan, which would eliminate a major tax break that benefits state residents more than those anywhere else in the U.S. The federal deduction for state and local taxes allowed Californians to reduce their taxable income by $101 billion in 2014, according
to an analysis by the nonpartisan Tax Foundation. The tax outline released Wednesday by President Trump and top congressional Republicans would ax the break, which largely benefits residents in states that are Democratic strongholds.
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Trump's Approval Climbs As His Tax Cut Plan Wins Strong Support — IBD/TIPP Poll
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Investor's Business Daily ^
| 5/8/2017 | John Merline
As President Trump turns his attention to tax reform, the latest IBD/TIPP Poll finds that the public strongly supports the provisions he outlined in April, which include sharp cuts to corporate and individual tax rates. Trump
also gets solid support for his actions regarding North Korea. Trump's approval rating climbed in May to 39% from last month's 34%. Trump bolstered support among his base, with his job approval up 10 points among Republicans to 84%, and 6 points to 35% among independents. Among Democrats, his approval rose 2 points to 7%. The IBD/TIPP Presidential Leadership Index — which includes poll...
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NY lawmakers hatch plan to release Trump's state taxes
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ap.org ^
| 4/30/17 | DAVID KLEPPER
ALBANY, N.Y. (AP) -- New York Democrats have hatched a plan to get a look at Donald Trump's tax records by crafting a piece of legislation designed to get at his state returns that does everything but mention the Republican president by name. The
bill introduced this month in New York's Senate and Assembly would require the state to release five years of state tax information for any president or vice president who files a New York state return. While Trump's state return wouldn't include all the details from his federal return, it would offer the public much more information...
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A Tax Expert's Take on Trump's Proposal: 'A Truly Great Tax Plan'
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American Thinker ^
| April 28, 2017 | Jack Hellner
It certainly appears that Trump has more common sense and intelligence on taxes and the economy than many of those advising him, the career politicians from both parties, the bureaucrats, the media and most economists. I
am a 64 year old CPA who has been doing taxes for approximately 40 years. This is the most intelligent tax policy I have seen since Ronald Reagan’s and my initial thoughts make me believe that it is better than Reagan’s. It is a simple and logical plan that would give everyone the incentive to earn more instead of spending so much time and...
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How Trump's Tax Plan Targets Blue State Voters
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Money ^
| 26 Apr 2017 | Ian Salisbury
The Trump administration has been looking for ways to cover the cost of its "massive" proposed tax cut. On
Wednesday, it appeared to offer at least a partial solution: Make blue states pay... ~snip~ So just how dramatic is it? According to 2014 figures compiled by the Tax Foundation, taxpayers in just four deep blue states -- California, New York, New Jersey, and Illinois -- reaped nearly 44% of total benefit from the deduction. That means those four states pick up the lion's share of the tab if the deduction were eliminated. In all, the 18 states that went blue...
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Here's the rest of Trump's tax plan: Fewer brackets, lower rates, no more estate tax . . .
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Canada Free Press ^
| 04/27/17 | Dan Calabrese
And more! We told you yesterday about the Trump plan to reduce the corporate tax rate from 35 percent to 15 percent, and to make a similar move on the repatriated profits tax. Later
in the day, more detailed emerged about Trump’s larger tax proposal. Via CNBC, here are the high points: Trump’s plan will cut the number of income tax brackets from seven to three, with a top rate of 35 percent and lower rates of 25 percent and 10 percent. It is not clear what income ranges will fall under those brackets. It would also double the standard...
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Taxpayers Off The Hook With Trump's Infrastructure Plan (750,000 new jobs)
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Fox Business News ^
| January 16, 2017 | Julia Limitone
Private enterprise is lining up to help pay for the nation’s crippling infrastructure. Norman
Anderson, informal advisor to the Trump “Infrastructure Task Force,” says there are 68 infrastructure projects ready to go under president-elect Trump and taxpayers will not have to pay for it. “Forty billion dollar’s-worth of electricity transmission projects [are] ready to go as soon as we can move through the approval process,” Anderson told the FOX Business Networks Stuart Varney. However, regulatory hurdles must be addressed he said....
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Donald Trump's tax plan would help the 1% most (SSDD)
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CNBC.com ^
| 09/18/2019 | Robert Frank
Donald Trump's new tax plan gives the top 1 percent an average cut of at least $122,400, while the middle class could get a break of less than $500, according to a new analysis. The
independent Tax Foundation said Monday that the Republican presidential candidate's plan, announced last week, would cut taxes for every income group. Yet the biggest reductions would go to the biggest earners. According to the plan, the top 1 percent of taxpayers would see a 10.2 percent to 16 percent boost in their after-tax incomes from the plan, assuming a steady economy. The middle class, or...
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Kudlow: I Prefer Trump's Tax Plan Over Cruz's Strategy
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Newsmax ^
| Monday, 18 Apr 2016 07:41 AM | A Newsmax Finance Staff Report
Newsmax Finance Insider and CNBC senior contributor Larry Kudlow says he prefers Donald Trump's tax plan over Ted Cruz's strategy. “All
these plans have to be tweaked. Trump I like, Cruz I like,” he says, adding that both battle plans are “pro-growth.” But Kudlow says Trump’s strategy gains the edge. “Cruz has a value-added tax inside his plan. It comes down very heavily on businesses and very heavily on workers,” Kudlow said. “I have for many months endorsed Trump’s tax-cut plan," Kudlow said in a series of appearances on CNBC late last week. "In particular, I like his business-tax-cut strategy,...
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Analysis: Cruz's tax plan is better than Trump's
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The Hill ^
| 2/22/2016 | Naomi Jagoda
Ted Cruz’s tax plan would cost less and stimulate the economy more than Donald Trump's, a recent analysis found. “Of
the two proposals that we have examined so far, those by Trump and Cruz, we find the Cruz proposal to be the better of the two,” said David Tuerck, executive director of the Beacon Hill Institute and senior fellow at the National Center for Policy Analysis. The free-market groups released a report comparing the economic effects of the tax plans from the two Republican presidential candidates. Trump’s plan would lower the top individual income tax rate from 39.6 percent to...
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Why Marco Rubio and Ted Cruz's Tax Plans Generate More Growth than Donald Trump's
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Tax Foundation ^
| 2/26/2016 | Alan Cole
...our model shows more growth from the Rubio and Cruz plans than the Trump plan, even though Trump proposed a larger cut: While Donald Trump largely opted for big rate reductions across the board, Rubio and Cruz made improvements to the structure of taxes, while cutting taxes by less overall. Senators
Rubio and Cruz both put thought into the nature of the taxes that businesses pay. They noticed that the current way businesses are asked to calculate taxes creates a bias in the code. When a business builds something new, like, say, a new industrial lathe, that decision actually has...
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