#taxcuts — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #taxcuts, aggregated by home.social.
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#US #Debt Hits $40 Trillion as #Trump’s Borrowing Binge Continues
Trump’s promises to restore fiscal order & reduce the amount of #US debt burden have been hampered by his spending on his #IranWar, #TaxCuts for #corporations & the #wealthy & #tariffs.
#economy #GlobalStanding #NewWorldOrder
#GiftArticle
https://www.nytimes.com/2026/08/19/business/economy/us-debt-40-trillion.html?unlocked_article_code=1.6lA.0d49.AhbsQu4DnwPe&smid=nytcore-ios-share -
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:
https://apnews.com/article/louisiana-tax-reform-special-session-landry-95db6e608809dcdcfae5f5de8b0355d4#KillThePoor #TaxBreaksForTheRich
#TaxTheRich #PayYourFairShare #LouisianaPol #USPol #CEOs #Corporations #Millionaires #Billionaires -
No 10 ‘considers scrapping inheritance tax’ in bid to save Tory seats | The Independent
https://www.independent.co.uk/news/uk/politics/downing-street-inheritance-tax-tory-election-manifesto-b2375769.html#10DowningSt
#No10Downing
#InheritanceTax
#Tories
#HelpingTheRichToSaveTorySeats
#Aspiration
#TaxCuts
#KeepingTheConservativesConservative -
UK publishers lobbying for cut on eBooks took all the benefit. (Research)
I think not taxing books is right in principle so suppoert the change on principle but the campaign was organised around the idea readers would get cheaper books.
£200m
https://www.taxpolicy.org.uk/2023/02/09/ebooks/
#bookstodon #UK #publishing @bookstodon #VAT #taxcuts #NoSurprise
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Trump Creates Deficit w/ Tax Cuts, Republicans Use It to Attack Workers - David Harvey
#democracyatwork #davidharvey #taxcuts #deficit #politics #uspolitics