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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. #Trump’s #BigBill Would Let Him Expand His #LosAngeles #ImmigrationCrackdown ‘Everywhere’

    “If it works out well in L.A., expect it everywhere,” a Trump official says of the admin’s plans for #militarized #ICERaids around the country

    By Andrew Perez, Asawin Suebsaeng
    June 12, 2025

    "Donald Trump’s '#BigBeautifulBill' wouldn’t just force millions of #poor people off their #HealthInsurance and #FoodAssistance to help pay for more #TaxCuts for the rich.

    "The Trump #TaxBill would steer tens of billions of dollars to Immigration and Customs Enforcement (ICE) for #detention capacity, employee bonuses, and to hire new agents. It would supercharge ICE’s ability to conduct raids, and allow the administration to expand the campaign of terror it’s waging on immigrants in Los Angeles to blue cities around the country.

    "ICE’s aggressive worksite raids and courthouse arrests throughout the Los Angeles area have, of course, inspired a wave of protests — giving the president an excuse to send the U.S. military to a Democratic city, something he’s long fantasized about, while inspiring demonstrations across the country.

    " 'This bill would give Donald Trump the ability to do what he’s doing [in California] on a scale we really haven’t seen before,' says #DavidBier, the director of immigration studies at the #CatoInstitute, a libertarian think tank. 'He will be able to replicate this militarized approach to Los Angeles across maybe dozens of American cities.'

    "For Trump and key officials, including immigration-crackdown policy architect #StephenMiller, this is exactly the point, with Los Angeles currently being used as an autocratic staging area. They want to replicate this militarized, ramped-up blitz of ICE raids, backed by the U.S. armed forces, in several other Democratic strongholds — particularly if larger-scale protests spread to other cities.

    "As Rolling Stone previously reported, the president and his senior officials have already mapped out near-term plans for how to further ratchet up the already tense blitz of ICE operations, especially in the coming days in Los Angeles, where the federal agents are now being protected by Trump’s literal troop deployment to the city, against the wishes of Democratic Gov. Gavin Newsom.

    "Sources familiar with the matter tell Rolling Stone that senior Trump administration officials are closely monitoring the situation in L.A. as a test case for what they want to do soon in places such as #Chicago, #philadelphia #BostonMA, or the #WashingtonDC, area."

    Read more:
    rollingstone.com/politics/poli

    Archived version:
    archive.ph/SgWWL

    #BigUglyBill #USSenate #USPol #Authoritarianism #protestors #SilencingDissent #USPol #NoKings #Protest #Solidarity #Immigrants #MassDeportation #EndICE #StopICE #Project2025 #MAGA #ThisIsFascism
    #USConstitution #DueProcess #FirstAid #JustFollowingOrders #NationalGuard #Resistance #FashPatel #TrumpIsANazi #StephenMillerIsANazi #ResistICE #FuckICE #KillThePoor #EatTheRich #NoTaxBreaksForTheRich

  3. Senator Ron Johnson (R-WI) reveals the GOP's plan to reshape Trump's domestic policy after a recent vote, targeting his tax cuts aimed at the affluent. Key proposals, like exempting overtime from taxes, face scrutiny from fellow Republicans concerned about funding. Even conservative senators advocate for significant bill changes as they navigate a slim majority. Discover the full implications of this legislative shift. [Read more](alternet.org/gop-senators-trum) #RonJohnson #DonaldTrump #USSenate #TaxCuts #GOP #Legislation

  4. "These wildly rich people also fully grasp Trump has vowed to pardon his MAGA terrorists, has literally channeled Hitler with his language about immigrants 'poisoning the blood' of America, intentionally incited violence, spoken about being a dictator, repeatedly praised autocrats, vowed to 'liberate' America from Trump’s political opponents and more that are all flashing red warning signs for our democracy."

    #Trump #EconomicElites #taxes #TaxCuts #CorporateProfits
    /3

  5. Dean Obeidallah opens his commentary about Trump's gala to fleece super-rich Republicans in Palm Beach last weekend by reminding us of a meeting Hitler held with super-rich German business leaders in 1933. He promised them if they'd give money to the Nazi party, he'd end democracy to benefit them. And give they did, lavishly so.

    #Trump #EconomicElites #taxes #TaxCuts #CorporateProfits
    /1

    deanobeidallah.substack.com/p/