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“Tax Reform”: Dump the Home Mortgage Interest Deduction

“Tax Reform”: Dump the Home Mortgage Interest Deduction

. by Thomas L. Knapp The US Senate’s version of “tax reform” reduces the amount of mortgage interest that home buyers can deduct from their taxable incomes. Currently, the maximum deduction is for interest paid on mortgages of up to $1 million on two homes or on home equity loans of up to $100,000. The […]

Sexual Harassment and Fat boy Kin Jong-un; The Fourth 100 Days (Trump Briefs:  Nov. 11-Nov. 17/Day 303-309) Week 43

Sexual Harassment and Fat boy Kin Jong-un; The Fourth 100 Days (Trump Briefs:  Nov. 11-Nov. 17/Day 303-309) Week 43

By Michael Hernandez   Saturday, November 11 (Day 303): President Trump tweets remarks about North Korea leader President Donald Trump tweeted North Korea leader Kin Jong-un:  “I would never call him ‘short and fat.’”  Trump was responding to the North Korean regime’s first statement on his visit to Asia. The North Korean foreign ministry said […]

House Passes Sweeping Tax Reform Bill

House Passes Sweeping Tax Reform Bill

The House passed a comprehensive tax reform bill Thursday in a significant step toward fulfilling the GOP leadership’s goal of placing a bill on President Donald Trump’s desk by the end of the year. … on Twitter Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that […]

Secretary Mnuchin and First Daughter Ivanka Speak on Republican Tax Plan at the Reagan Library

Secretary Mnuchin and First Daughter Ivanka Speak on Republican Tax Plan at the Reagan Library

By Debra Tash Secretary of the Treasury Steven T. Mnuchin, along with first daughter, Ivanka Trump spoke at the Reagan Library on Sunday night.  Notice went out to members the Tuesday before the November 5th event, short notice for many who regularly attend the Library’s programs.  Ms. Trump flew back from Japan at her father’s request […]

L. Neil Smith’s The Libertarian Enterprise: The Surrealistic Insanity of ‘Paying For’ Tax Cuts

L. Neil Smith’s The Libertarian Enterprise:  The Surrealistic Insanity of ‘Paying For’ Tax Cuts

. By L. Neil Smith  I am not an economist, nor do I play one on TV, but I know a hand-job when I see one. The mindless mutants who are mangling Donald Trump’s tax plans are dragging this nation and the world into a Da-Daesque vortex we may never get out of. (Only a “progressive” Democrat would […]

L. Neil Smith’s The Libertarian Enterprise: What Would Real Tax Reform Look Like?

L. Neil Smith’s The Libertarian Enterprise: What Would Real Tax Reform Look Like?

. By L. Neil Smith  Taxation most likely began ten thousand  years ago, when nomadic hunter-gatherers gave up their wandering ways — and the tools associated with them — settled down, and started growing crops and herding livestock, which requires an entirely different suite of tools than hunting. The hunter-gatherers’ tools could be used as […]

GOP Tax Plan: Hardly “Reform,” But Tax Cuts “Cost” Nothing

GOP Tax Plan: Hardly “Reform,” But Tax Cuts “Cost” Nothing

by Thomas L. Knapp . The Trump administration and congressional Republicans released their grandiosely titled “Unified Framework for Fixing Our Broken Tax Code” on September 27. The plan looks a lot more like a grab bag designed by lobbyists than like any kind of carefully considered plan for “tax reform.”   It’s full of smoke […]

The GOP Is Already Laying The Groundwork To Cave On Tax Reform

The GOP Is Already Laying The Groundwork To Cave On Tax Reform

A summary of the Republican tax reform framework, released Wednesday by the White House, explicitly addresses the possibility of an increased individual tax rate for the highest earners, above the 35 percent that GOP leadership has promoted in recent weeks. A white paper summarizing the proposed legislation touts tax code simplification via the collapse of […]

The Third 100 Days (Trump Briefs:  Sept. 9-15/Day 233-239) Week 34

The Third 100 Days (Trump Briefs:  Sept. 9-15/Day 233-239) Week 34

By Michael Hernandez   Saturday, Sept. 9 (Day 233): President meets at Camp David with cabinet members President Donald Trump met with cabinet members in Camp David to discuss the administration’s progress and challenges facing the United States including the threat posed by hurricanes. At the top of the meeting, he urged Americans in the […]

Trump Faces Difficult Task of Corralling Divided GOP on Tax Reform

Trump Faces Difficult Task of Corralling Divided GOP on Tax Reform

The White House claims it is making progress on tax reform and could roll out part of its plan next week, but the president’s increasingly contentious relationship with lawmakers on the Hill has put a pall over the effort’s progress. President Donald Trump has been using Twitter to blast Senate Majority Leader Mitch McConnell and […]

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