GOP Gives Rich Twice the Percentage Tax Cut as Middle Class

Not only did Republicans cut the top tax bracket for the 1%, they also lavished on them twice the percentage tax cut as everyone else. And they made sure the breaks for the richest would be permanent. 

That's exactly the opposite of what they did for the middle class. They wrote into the bill provisions that make tax cuts most used by middle class taxpayers gradually fade away over the next few years. Any tax cut for middle class taxpayers will shrink in the next 8-10 years. In some cases, taxpayers will find their tax bill is actually higher than before the "tax cut" bill became law.

The goal of Republican lawmakers is not to help the middle class or stimulate the economy. Their goal is to pay back their rich donors. That is what this tax bill does.

 

TRUMP HEADLINES

Cynical, Spineless Republicans Favor NRA Cash Over Human Life

Republicans Ram Through 

Largest Transfer of Wealth 

to the Rich in US History

Trump Pays $25,000,000 to Stay Out of Court

The Trump University fraud case settlement submitted to a federal court in San Diego indicates that Trump is personally guaranteeing that the $25 million will be handed over to plaintiffs' lawyers by Jan. 18, 2017, two days before he is scheduled to be sworn in as president. 

The deal scuttled the bizarre possibility of Trump facing a civil class-action fraud trial as he waited to assume the nation's highest office.

The three lawsuits alleged that the real estate training program was deceptively marketed, including by asserting that instructors were hand-picked by Trump when he did not actually know them.

A total of 13 people claiming to be class members were excluded from the cases at their request and could still seek to bring separate suits on their own, if their cases can meet hurdles needed to pursue them in court. 

Trump University Class Action Settlement 

Trump Donated Cash to Florida AG Who Decided Not to Join Trump Univ. Lawsuit

Florida's attorney general personally solicited a political contribution from Donald Trump around the same time her office deliberated joining an investigation of alleged fraud at Trump University and its affiliates

The new disclosure from Attorney General Pam Bondi's spokesman to The Associated Press provides additional details around the unusual circumstances of Trump's $25,000 donation to Bondi.

The money came from a Trump family foundation in apparent violation of rules surrounding political activities by charities. A political group backing Bondi's re-election, called And Justice for All, reported receiving the check Sept. 17, 2013 — four days after Bondi's office publicly announced she was considering joining a New York state probe of Trump University's activities, according to a 2013 report in the Orlando Sentinel.

After the check came in, Bondi's office nixed suing Trump, citing insufficient grounds to proceed.

Associate Press: FL Atty Gen Solicits $$ from Trump

Trump University Documents Expose Fraud
and High-Pressure Sales Tactics

Sales manager Ronald Schnackenberg testified that Trump University "was a fraudulent scheme" that pressured financially-strapped people to sign up for $35,000 real estate seminars. Students were told they would learn how to buy real estate cheaply in a declining market and resell properties quickly for big profits.

He said the company "preyed upon the elderly and the uneducated to separate them from their money."

Former employees of the company, founded by Trump in 2005 and closed in 2010, said they were told to pressure potential customers into opening charge accounts to pay for the classes. One major selling point was that Trump hand-picked the instructors and would be actively involved in their education. Neither was true. Employees said his involvement was limited to approving ads and marketing materials to promote Trump University.

The internal documents were ordered released by the judge overseeing the class action lawsuit filed by Trump University students in California. Trump is scheduled to testify in that suit, slated to start shortly after the election.



New York Times