#taxcuts — Public Fediverse posts

#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

"Subsidies for ACA premiums are set to expire on December 31, 2025. The subsidies were killed by Republicans to pay for the billionaire tax cut in the Big Ugly Bill."

~ Robert B. Hubbell

#Trump #Republicans #healthcare #HealthInsurance #ACA #premiums #EconomicElites #SuperRich #TaxCuts #cruelty
/9

https://roberthubbell.substack.com/p/flood-the-zone-strategy-comes-back

"The Republicans’ budget reconciliation bill of July—the one they call the “One Big Beautiful Bill Act”—did not extend the premium tax credits for healthcare insurance bought on the Affordable Care Act market that subsidizes that insurance. Today, Senate Republicans voted against the Democrats’ measure to extend the premium tax credits for three years."

~ Heather Cox Richardson

#Trump #Republicans #HealthInsurance #ACA #premiums #EconomicElites #TaxCuts
/7

https://heathercoxrichardson.substack.com/p/december-11-2025

"Now I'm seeing that attitude kind of infect the healthcare debate ... Republican legislators are coming out and just saying explicitly, like, hey, if you're healthy, you're fine. If you're not, there's something wrong with you and you deserve not to get coverage. You know, you deserve to be sick and meet your fate because it's all your fault."

#Trump #Republicans #healthcare #HealthInsurance #ACA #premiums #EconomicElites #SuperRich #TaxCuts #cruelty
/6

"Over the last year, it has become more and more common to hear Republicans say things that usually, you know, in years past, you would have seen them having to resign over it, like Trump's rants over Somali immigrants in Minneapolis, just completely racist garbage."

Susan J. Demas

#Trump #Republicans #healthcare #HealthInsurance #ACA #premiums #EconomicElites #SuperRich #TaxCuts #cruelty
/5

https://www.lincolnsquare.media/p/sicker-poorer-and-hopeless-the-maha

"This is what it’s come to in Donald Trump’s America. Partisan politics has rarely been this destructive or painful. And for so many Americans, it’s a feeling of helplessness unlike anything they’ve felt before. The government is bankrupting and endangering its citizens."

~ Dan Rather

#Trump #Republicans #healthcare #HealthInsurance #ACA #premiums #EconomicElites #SuperRich #TaxCuts #cruelty
/4

https://steady.substack.com/p/the-hoax-is-him

"The Senate managed to fail at passing both a Republican and a Democratic plan — meaning life-saving subsidies for more than 20 million Americans will expire in 2026. Families could see premiums jump by $1,000 or more. This is the cost of Republican dysfunction: fake proposals, political stunts, and real people paying the price."

~ Mary Trump

#Trump #Republicans #healthcare #HealthInsurance #ACA #premiums #EconomicElites #SuperRich #TaxCuts #cruelty
/3

https://www.marytrump.org/p/the-daily-wrap-up-e0d

"The Senate rejected dueling health care bills Thursday, all but guaranteeing that Obamacare subsidies used by more than 20 million Americans will lapse at the end of the year."

~ Jordain Carney

#Trump #Republicans #healthcare #HealthInsurance #ACA #premiums #EconomicElites #SuperRich #TaxCuts #cruelty
/2

https://www.politico.com/live-updates/2025/12/11/congress/senate-rejects-health-care-bills-00686855

"Premiums will, on average, spike by 114% for millions of people—leaving them with the horrible choice of paying thousands more for their coverage or going uninsured."

~ Emily Singer

#Trump #Republicans #healthcare #HealthInsurance #ACA #premiums #EconomicElites #SuperRich #TaxCuts #cruelty
/1

https://www.dailykos.com/stories/2025/12/11/2358004/-Thanks-Republicans-Your-Obamacare-premiums-are-going-to-skyrocket

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

"The collective wealth of the top 10 US billionaires has soared by $698bn in the past year, according to a new report from Oxfam America published on Monday on the growing wealth divide."

~ Lauren Aratani

#EconomicElites #TaxCuts #TransferofWealth #EconomicInequality #EconomicJustice #WealthDisparity #SocialJustice #billionaires

https://www.theguardian.com/us-news/2025/nov/03/wealth-billionaires-increase-trump

Virginia Foxx's fiery defense of President Trump's “One Big, Beautiful Bill Act” raises eyebrows amidst concerns of drastic cuts. Critics warn that the $800 billion reduction in Medicaid and $535 billion from Medicare could leave 13.7 million Americans without health coverage, adding $3 trillion to the deficit while benefiting the wealthy and expanding defense spending. Explore the implications of this controversial legislation in depth. [Read more](https://www.alternet.org/foxx-gop-bill/) #VirginiaFoxx #Trump #TaxCuts #Healthcare #Medicaid #Congress #BudgetBill #Democrats #Republicans

Why would a Govt. delay (further) a £10bn-£20bn compensation payout in the #infectedblood scandal?

Well, victims & their representatives suspect #JeremyHunt has his eyes on that money to allow him the fiscal 'headroom' to offer #taxcuts in March.

While no agreement has been finalised the liability remains unrealised & out of the public accounts....

Could he be so callous, I hear you ask... a Q. that has a very easy answer...

He's a #Tory without a care for anyone but himself!