tax reform
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The Christmas Gift You Didn’t Want: Deplorable Bill for the Top 1 Percent Passes Deplorable Congress
In what is probably the least shocking news coming out of the Trump White House and the deplorable Republican Congress, the tax bill that will help no one but Congress members and those in the top 1 percent has been approved resoundingly by both chambers of Congress with no Democratic support. Days before Christmas, Republican…
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Everything You Need to Know About the GOP’s Tax Heist but Were Afraid to Ask
Congress is poised to pass a piece of legislation that will amount to a $1.5 trillion tax hike for Americans who don’t have trust funds, silver spoons or monocles. No one knows what is in the final bill because Republicans have added more changes than Kim Kardashian’s plastic surgeon, but luckily The Root always has…
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Senate Passes Major Tax Overhaul 51-49, Cutting Corporate Taxes and Gutting Student Loan Write-Offs
The United States may be getting a major tax overhaul after Senate Republicans scraped their way to a victory early Saturday morning, with a bill that critics say senators haven’t read and one that gives major concessions to corporations and the wealthy. The bill, approved just before 2 a.m. in a 51-49 vote, next heads…
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5 Ways the Republican Tax-Reform Plan Hits Black Folks the Hardest
Right now, at this very moment, the single biggest threat to the group of people already in a compromised position because of their race is the congressional Republicans’ tax-reform plan. Not the sound of the police. Not lead in your water and not a jail cell. The tax-reform plan that both Congress and the White…