Republicans want more tax cuts

Harris L 2018 elections, Tax September 11, 2018 1 Minute

This would add a lot to the deficit. Their first bill already has and is not popular because the public know it primarily helped the wealthy. Republicans only care about the deficit when Democrats want programs that would help people.

Federal deficit soars 32 percent to $895 billion https://t.co/ryobSmzCPt pic.twitter.com/ltcKld8HZo

— The Hill (@thehill) September 11, 2018

House Republicans unveil tax cuts that conservative estimates say would add $2.4 trillion over 10 years to the deficit. (Liberal estimates put it at $3.4 trillion over 10 years.)

That is NOT counting the $1.9 trillion cost of the original GOP tax lawhttps://t.co/E6bugxkPYq

— Jeff Stein (@JStein_WaPo) September 11, 2018

Good discussion of how the new GOP tax bill could push factories offshore from Zheli He @Wharton.

E.g., "by expanding production facilities abroad Harley-Davidson not only avoids tariffs imposed by the EU, it also reduces its overall U.S. tax liability."https://t.co/cLUyJsLoQG

— Seth Hanlon (@SethHanlon) September 11, 2018

Republicans could limit SALT impact in new tax legislation https://t.co/QmngYbx6Oj

— Reuters Top News (@Reuters) September 7, 2018

Published by Harris L

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Published September 11, 2018

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