estate tax

If the Trump-hating/AOC-hating/Elizabeth Warren-hating/Bernie-hating, clueless Starbucks Guy is running on reducing a deficit his class built up and on cutting what he calls "entitlements," and on opposing Medicare-for-All, the Green New Deal and

The earliest inheritance tax I could find was a 5% levy on inheritances of estates that went to people other than the deceased's grandparents, parents, children, grandchildren, and siblings towards the end of Augustus' reign. Receipts went to a fund to pay military retirement benefits. In the U.S. the first inheritance tax was passed in 1898-- but only 75 cents on each hundred dollars of an estate worth over $10,000.

Two embarrassing bozos from New York StateChris Collins is a hapless backbencher from New York who represents everything in the northwestern part of New York state except the cities of Buffalo and Rochester. No one ever heard of him until he became the first member of Congress to endorse Señor Trumpanzee during the campaign.

After offering “pants on fire” lies about who his reform proposal, Times analysis shows just how much Trump would gain personally.

Despite declaring the “full-on whopper” of a lie this week that his tax plan “is not good for me, believe me,” a new analysis by the New York Times published overnight shows that President Donald Trump woul

Former CNN Chief Business Correspondent Ali Velshi, now an MSNBC anchor, is not an idiot... but... On his morning show yesterday the Hairless Prophet of Doom introduced a question to Jared Bernstein, once a professor at Columbia and then Vice President Biden's Chief Economic Adviser, by claiming that Trump's plan to eliminate the estate tax would help the middle class. Before Bernstein got to whatever Velshi's question was, he addressed the GOP talking point Velshi had just slipped onto the air so matter-of-factly. The estate tax only impacts .02% of the richest Americans.

On Tuesday we asked half a dozen of the Blue America candidates how eager they are to go on the offensive over the GOP tax agenda. All of them are very eager to do just that. For example, James Thompson, the candidate for the Kansas congressional district centered around Wichita, thinks if the 2018 election iOS decided on tax policies, he'll be the next congressman from KS-04.

Gunster, Trumpster and a batch of U.K.

Yesterday, after reading the Trump Regime's blueprint for for what they're calling "tax reform," Caifornia Congressman Ro Khanna issued a statement to his constituents explaining that "Trump’s plan takes money out of the pockets of working families to pay for a tax cut for the wealthiest individuals and corporations. Any tax reform plan must focus on closing loopholes that allow companies to avoid paying taxes. This one does the opposite. The United States could collect billions of dollars in new revenue and discourage companies from going offshore.

I'm sure you noticed that the stock markets have reacted favorably to the prospect of a Trump presidency. Wednesday the Dow closed at an all-time high. It has rocketed 1200 points since Trump "won." The Dow is getting close to 20,000, something few people thought they would ever live to see. As CNN reported this week, "Wall Street is betting that Trump will be great for business and help accelerate the U.S. economy.