While many conservative members of the House have argued that the AHCA will give people the freedom they need to pick a health care plan that works for them, the truth is very different.
What Speaker Ryan gets wrong is that domestic spending DOES have an impact on the lives of most Americans.
There might be a few legitimate reasons for someone to have a company based out of the British West Indies. Perhaps they happen to be one of the 57,000 people who live there.
In a recent Bloomberg article Representative Mike Kelly (R-PA) was quoted saying that he and his colleagues “need to hear from people who are in that business” to get a clearer picture of how to tax carried interest.
Trading on inside information should be illegal. In a post-Martha Stewart world, talk about insider trading has fallen by the wayside. We hear from time to time that the government is prosecuting people for insider trading, but not much more beyond that.
For the first time since they were introduced in the 1930s, regulations to protect workers and create a safer American workplace are being openly questioned.
In response to one of the many questions about the tax return, Mr. Trump’s spokesperson explained the roughly $100 million deduction by saying that he had a “large-scale depreciation for construction” in 2005.
Housing and Urban Development Secretary Ben Carson made three grave mistakes on Tuesday with his comments.
They are wrong, they should know they are wrong, and Paul Ryan should know that they are wrong, but it is very hard to get someone to understand something if his fundraising depends on him not understanding it.
A lot of states are looking at so called “right-to-work” laws. They sound great. I’m in favor of everyone having rights and I’m in favor of working, what could go wrong? A lot, it turns out.
Peter DeFazio and Bernie Sanders are the sponsors of the latest bill to address this inequality, but simply put: government policies that favor the wealthy over the middle class are counterproductive for all of us.
President Trump said in his press conference on January 11th that 96 million Americans are unemployed. He later said again for emphasis: “96 million really wanting a job and they can’t get.” But that’s a problem, because that is simply not the case.
A Republican State Senator, Rob Schaaf, had just introduced a bill to allow any citizen of Missouri who paid state income tax to get a credit of up to $100 against his or her state taxes for certain political contributions.
Wealthy members of the executive branch have access to an obscure tax provision, not available to the wider public, that allows them to delay paying taxes when they sell their assets indefinitely, if not forever.
This is a case where a man of substantial wealth has already had an amazing amount of ability to further increase his own personal wealth through a powerful political position.
Personally, I am always cautious because I know that any day, something could go wrong, but I am not making any changes in my investment plans based on the election.
Some people, including me, believe that our nation wants to increase the pool of voters and that we should take every possible step to do so.
We should carefully consider whether our election system, our election process is critical infrastructure, like the financial sector, like the power grid… There’s a vital national interest in our electoral process.
Professor Mankiw seems to be advocating for a system under which taxes are paid by people who work for a living, but not by people who get rich owning businesses that their parents and grandparents created
We need to explain why we believe that raising the income of working Americans is good, not just assert that it is.