Taxes

Taxes

Manchin: So, it Looks Like the Tax Bill I Voted Against Will — Um — Help A Lot of West Virginians

Of course it will, Joe.  More than 80 percent of Americans will get a tax cut next year under the new law, with nearly as many taxpayers enjoying relief through at least 2026 (and very likely beyond).  Of the plan’s tiny handful of ‘losers’ (less than five percent), most are high-income earners living in high-tax states who itemize their deductions — as opposed to taking the now-doubled standard deduction, as 70 percent of filers currently do (a number that will grow).  It…doesn’t sound like many West Virginians fit that profile.  Manchin knew all of this, of course, but he voted with Chuck Schumer anyway, just as he’s refused to help Republican Senators confirm a number of highly qualified judges nominated by President Trump.  Confronted with his ...

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CBS Asked Three Families for Their Tax Returns — What They Found Blows up the Democrat Narrative

From the first days of debate over the Tax Cuts and Jobs Act — which was signed into law Friday — Democrats argued the plan would disproportionately benefit the wealthy at the cost of the poor and middle class.

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GOP Tax Reform

WHAT DO YOU THINK CONGRESS SHOULD DO TO CREATE A FAIR AND SIMPLE TAX CODE?  

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