Sunday, July 15, 2018
Sunday, April 8, 2018
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.
Sunday, January 15, 2017
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
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