Category Archives: Taxes

Federal “government spending” is an empty phrase

Indeed, one of the reasons we need an increase in the debt ceiling is that the 2017 Trump tax cuts, especially the cut in the corporate tax rate from 35% to 21%, dramatically increased the deficit without promoting growth. The … Continue reading

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Tax Return Saga

The Supreme Court on Tuesday allowed the House W&M committee to obtain TFG’s tax returns after a long fight. Here is a brief history: As a result of the delays, the W&M Committee will have little time to act on … Continue reading

Posted in Supreme Court, Taxes | Tagged | 3 Comments

What’s next for Trump and his associates?

News items: Documents were illegally kept at Mar-a-Lago. Reportedly, top White House lawyers were told: “It’s not theirs, it’s mine.” Reportedly, one Trump lawyer signed a statement incorrectly saying material with classified markings had been returned. Trump refuses to answer … Continue reading

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Federal Income Tax Bills

I have long been an advocate for keeping more money in the pockets of individuals so they can make independent decisions about the use of their own money. I am committed to promoting an economic climate that brings about fiscal … Continue reading

Posted in Congress, Economics, Legislation, Political, Taxes | Tagged , , , , , , , | 1 Comment

Does the GOP want Trump reelected?

President Trump is following through on his promise and standing up for American interests. I have no doubt that the disruptive policies of this administration will bring these countries (Mexico, Canada, and the European Union) to the table for a … Continue reading

Posted in Campaigning, Congress, Health Care, Political, Racism, Reed's Views, Taxes, trade, Trump | 2 Comments

Reed’s writing

The “Green New Deal’s” massive expansion of federal bureaucracy, technologically implausible guideposts and a tax to kill the American dream is not the answer to the undeniable threats our world is facing from climate change.–Rep. Tom Reed A catch phrase is a phrase or … Continue reading

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H.R. 2213–will this bill become law?

H.R. 2213–will this bill become law, should it?“ For more than two decades, the Work Opportunity Tax Credit has proven to be highly effective in ensuring individuals on public assistance can make the transition to private sector jobs. In fact, … Continue reading

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Sounds right

Sounds right, so it must be right. Are we too quick to accept ridiculous ideas because they sound good? Take “balanced budget,” for example. Balancing the Federal budget may be a good idea when times are good, but it is … Continue reading

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What they say about themselves

For the over one-third of residents in our district relying on public health insurance, these cuts (to Medicare and Medicaid) would be devastating.–Tracy Mitrano We are fighting to protect Medicare and Social Security, and have never supported a plan that … Continue reading

Posted in 2018, Campaigning, Economics, Health Care, Medicare, Reed's Views, Social Security, Taxes | Tagged | Leave a comment

More Tax Benefits for the Wealthy

More Tax Benefits for the Wealthy Rep. Michael Capuano (D-MA) writes: The House considered H.R. 6760, the Protecting Family and Small Business Tax Cuts Act of 2018. The Joint Committee on Taxation has determined that this fiscally irresponsible legislation will … Continue reading

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