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#taxcuts — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #taxcuts, aggregated by home.social.

  1. From 2024: #Louisiana lawmakers pass income and #corporate #TaxCuts, raising statewide #SalesTax to pay for it

    By JACK BROOK
    Updated 8:55 PM EST, November 22, 2024

    BATON ROUGE, La. (AP) — "Louisiana’s #GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide sales tax increase, giving Gov. Jeff Landry much of what he wanted after his original tax reform package faced mounting resistance from lawmakers and lobbyists.

    "The final passage of the tax measures wrapped up a special legislative session launched Nov. 6 by the governor and his allies. They said their purpose was to make the state’s tax code more business friendly, create jobs and reverse trends of outward migration from the state. It was the third special legislative session called by Landry, a Republican, since he assumed office in January.

    "Critics warned the tax reforms would primarily benefit corporate #shareholders and #wealthy taxpayers while the sales tax increase would exacerbate Louisiana’s regressive tax system where #poorer households pay a higher percentage of their income on taxes."

    Read more:
    apnews.com/article/louisiana-t

    #KillThePoor #TaxBreaksForTheRich
    #TaxTheRich #PayYourFairShare #LouisianaPol #USPol #CEOs #Corporations #Millionaires #Billionaires

  2. #BBC PRESS #SELLOUT TOO?
    No mention of #cuts to #medicaid #foodstamps or double the cr cuts to fund #taxcuts to the #rich #onepercent
    The reason all this matters is the average joe isn't paying attention to all this and will only notice it when their food stamps and #obamcare is cut. Obviously then it will be too late
    BBC.com: Chuck #Schumer backs spending bill to avert US government shutdown
    bbc.com/news/articles/cdx2j8n7

  3. Rep Brendan Boyle, Philadelphia, ranking member of the Budget Committee. . The Republican budget represents the Republican betrayal of the middle class. It cuts at least $1.5 trillion including at least $880 billion from Medicaid in order to partially pay for trillions of dollars in tax cuts, most of which go to the richest 1% of Americans...

    #2025budget #republicans #housegop #maga #deficits #taxcuts #medicaid #reckless #derelict #brendanBoyle #PA #budgetcommittee

  4. Rep Brendan Boyle, Philadelphia, ranking member of the Budget Committee. . The Republican budget represents the Republican betrayal of the middle class. It cuts at least $1.5 trillion including at least $880 billion from Medicaid in order to partially pay for trillions of dollars in tax cuts, most of which go to the richest 1% of Americans...

  5. Rep Brendan Boyle, Philadelphia, ranking member of the Budget Committee. . The Republican budget represents the Republican betrayal of the middle class. It cuts at least $1.5 trillion including at least $880 billion from Medicaid in order to partially pay for trillions of dollars in tax cuts, most of which go to the richest 1% of Americans...

    #2025budget #republicans #housegop #maga #deficits #taxcuts #medicaid #reckless #derelict #brendanBoyle #PA #budgetcommittee

  6. Rep Brendan Boyle, Philadelphia, ranking member of the Budget Committee. . The Republican budget represents the Republican betrayal of the middle class. It cuts at least $1.5 trillion including at least $880 billion from Medicaid in order to partially pay for trillions of dollars in tax cuts, most of which go to the richest 1% of Americans...

    #2025budget #republicans #housegop #maga #deficits #taxcuts #medicaid #reckless #derelict #brendanBoyle #PA #budgetcommittee

  7. Rep Brendan Boyle, Philadelphia, ranking member of the Budget Committee. . The Republican budget represents the Republican betrayal of the middle class. It cuts at least $1.5 trillion including at least $880 billion from Medicaid in order to partially pay for trillions of dollars in tax cuts, most of which go to the richest 1% of Americans...

    #2025budget #republicans #housegop #maga #deficits #taxcuts #medicaid #reckless #derelict #brendanBoyle #PA #budgetcommittee