Grassley’s characterizations of ordinary Americans are not only callous, but also patently false.
Trickle Downers
Posted inMoney, Politics, and Power
Simplifying the Tax Code, or Simply Trickle-Down Economics?
The Senate’s tax bill drives up the deficit, which could enable the same tax-cutting Republicans to inflict drastic cuts to the social safety net.
Posted inEconomic Policy
Tax Cuts Won’t Go to Job Creation—Just Listen to the CEOs
It’s becoming increasingly clear that the Republican tax scheme is going to pass. And already, corporate executives are undermining the GOP’s claim that their gigantic corporate tax cuts will be funneled directly into job-creating investments in the United States. Some of the country’s largest and most profitable companies are saying that they’ll be sending tax […]
Posted inMoney, Politics, and Power
The First Thanksgiving, Trickle-Down Version
Venerable Donald, also known to his Pilgrim Brothers as “the Shining Hairpiece on the Hill,” decrees a Feast of Thanksgiving—but only for the rich.
Posted inMoney, Politics, and Power
Testing Progressives, Centrist Dems Team Up with GOP to Deregulate Banks
This just might be the biggest test of Democratic unity yet in the Trump era.
Posted inEconomic Policy
Republicans’ Disdain for Trump’s Base Oozes Into Tax Plan
Could the GOP tax plan erode Trump’s support among key parts of his base?
Posted inEconomic Policy
Retirement Savings Crisis Continues to Take a Back Seat on Capitol Hill
The Republican tax plan doesn’t touch 401(k)s as feared, but these accounts still don’t meet the retirement needs of most Americans.
Posted inMoney, Politics, and Power
Republicans Want to Make Corporate Tax Avoidance Even Easier
An obscure provision in the Trump tax plan—the territorial system—would further encourage multinationals to shift profits to low (or no) tax havens.
Posted inEconomic Policy
Magic Corporate Tax Cuts and Other Fables
Trump and Republicans peddle the myth that money for corporations will trickle down to workers.
Posted inEconomic Policy
How the Prison Phone Industry Further Isolates Prisoners
The high profits of expensive phone calls and video visits are often too lucrative for prisons—which can get a share of those profits—to pass up.
