The Treasury secretary trips himself up trying to justify a tax cut that cannot possibly benefit the working class.
Trickle Downers
Posted inEconomic Policy
Trump Gives Tax Cuts to Rich and Fairy Tales to Everyone Else
Republicans are selling Trump’s tax plan by saying it will help the middle class. But, as we knew all along, it’s written for the rich.
Posted inEconomic Policy
Target Takes the $15 High Road. Where’s Walmart?
Target, one of the largest retail employers in the country, announced Monday that it will raise its minimum wage for employees to $11 an hour starting in October, and gradually increase it to $15 an hour by the end of 2020. The new standard applies to Target’s 323,000 regular employees as well as to the […]
Posted inEconomic Policy
Trump Swears He Doesn’t Want to Cut Taxes for Wealthy
The president and GOP leaders would have you believe their tax cuts will help the middle class, not the rich. Reality would suggest otherwise.
Posted inMoney, Politics, and Power
Louise Linton, Conservative Id
This week, Louise Linton, the wife of Treasury Secretary Steve Mnuchin, was forced to apologize for an “insensitive” comment she made on Instagram. While this may seem like nothing more than a silly social media spat, Linton’s comment is indicative of a much larger issue present in American conservative thought and public policy. After posting […]
Posted inMoney, Politics, and Power
Paul Ryan Is Lying About High Corporate Tax Rates
Republicans are taking their corporate tax-cut campaign on the road. House Speaker Paul Ryan visited airplane manufacturer Boeing on Thursday in Washington state, where he lamented how the company is quivering underneath the weight of a 35 percent tax rate. Meanwhile, Ways & Means Chair Kevin Brady sang the same song at telecom giant AT&T’s […]
Posted inEconomic Policy
Will Centrist Dems Give Trump His Tax Cuts?
There’s a bloc of Democrats who could be tempted to vote with Republicans for tax cuts for the rich.
Posted inEconomic Policy
Paying for Trump’s Tax Cuts Would Devastate the Poor
When you consider how the GOP will finance their steep tax cuts, things look even grimmer for low- and middle-income Americans.
Posted inEconomic Policy
No, a Fair Wage Is Not a ‘Free Lunch’
A liberal Washington Post columnist drinks the trickle-down Kool-Aid about raising the minimum wage.
Posted inEconomic Policy
Sam Brownback’s Not One for Religious Freedom
Trump’s new appointee as ambassador for religious freedom is a faith-based trickle-down fanatic who imposed his beliefs on his unwitting fellow Kansans.