Why should people be allowed to shield income from taxation?

Heather Long discusses the (supposedly) final version of the Republican tax bill in The Washington Post, and I came upon this part: Andrew Devendorf has contacted Sen. Marco Rubio’s office every other day for the past month to beg the Florida Republican to make sure Congress’s final tax bill doesn’t make graduate school unaffordable for him …

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Republican leaders are betting the #TaxBill will boost economy before 2018 and 2020 elections That's one risky gamble!

From my favorite redheaded reporter: GOP betting tax bill will boost economy before 2018, 2020 elections By Heather Long | December 5, 2017 | 5:00 AM EST By the time Republicans have to face voters in November, Senate Majority Leader Mitch McConnell (R-Ky.) predicts the economy will “be performing better.” There’s a good chance he’s right. …

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Refundable tax credits

I knew that I wasn’t going to like this tweet: Just In: Only 29 US Senators voted to give working-class families more $$$ from an expanded refundable Child Tax Credit tonight. Translation: A unequal tax cut has grown more unequalhttps://t.co/3ryt6hm8ek #TaxBill — Heather Long (@byHeatherLong) December 2, 2017 There are two types of tax credits, …

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Democrisy! “Responsible Wealth” want other millionaires to pay higher taxes No mention is made as to whether they voluntarily contribute more

The tweet caught my eye: NEW: Over 400 U.S. millionaires and billionaires are sending a letter to Congress this week telling Republicans to RAISE, not cut, their taxes https://t.co/65jIj2LljD #taxes — Heather Long (@byHeatherLong) November 13, 2017 And it led me to the story: More than 400 millionaires tell Congress: Don’t cut our taxes By …

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The Devil is in the Deficit: καὶ ὁ ἀριθμὸς αὐτοῦ ἑξακόσιοι ἑξήκοντα ἕξ

From The Wall Street Journal: U.S. Ran $666 Billion Deficit In Fiscal 2017, Sixth Highest on Record U.S. revenue and spending both hit record highs in fiscal 2017, according to department By Kate Davidson | Updated October 20, 2017 | 2:54 p.m. ET WASHINGTON—The federal budget deficit widened in fiscal year 2017 to the sixth …

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The last thing they should do! Will Congress foul up retirement savings plans to pay for a tax cut?

From The Wall Street Journal: Talk of Retirement-Savings Cap Rattles Financial Industry GOP lawmakers are looking for ways to generate revenue to support broad reductions in individual tax rates By Anne Tergesen and Richard Rubin | October 20, 2017 | 7:00 a.m. ET Proposals floating around Washington to cap the amount that Americans can contribute …

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It’s time to help our own people!

From The Washington Post: Mexico needs help now. Can President Trump overcome his grudges and provide it? After a devastating earthquake, it’s time for solidarity. By León Krauze1 | September 20, 2017 | 11:58 AM Early in the morning of Sept. 19, 1985, a ferocious earthquake shook Mexico City. For almost two minutes, the wobbly …

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For Democrats, the solution is always higher taxes

From ABC News in Houston: Residents not thrilled about mayor’s proposed property tax hike By Jeff Ehling | Updated September 12, 2017 | 6:42 AM CDT HOUSTON, Texas (KTRK) — Many Houston residents are still dealing with flood damaged homes and wondering how much it will cost them to get back to normal. On top …

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Economics 101: Raising the debt ceiling does not matter; the federal government cannot run out of money! Unconventional thinking

From The Washington Post: Trump didn’t solve the debt ceiling crisis. He just delayed it By Heather Long | September 6, 2017 |  4:46 PM EDT John Chambers thought of himself as a quiet, nerdy guy until he started receiving death threats in 2011. The next thing he knew, his Gmail account was hacked and …

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Democrats support raising taxes, so let’s go ahead and raise taxes on Democrats!

From Newsmax: GOP Favor Dropping Tax Beneficial to Blue States (AP) – Monday, 24 July 2017 08:34 AM Republicans aren’t usually big on raising taxes, but they’re really eager to eliminate the federal deduction for state and local taxes. Why? A look at the states that benefit the most from the tax break helps explain …

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