Tax Day reveals a major split in how Joe Biden and Donald Trump would govern: The presidential candidates have conflicting ideas about how much to reveal about their own finances and the best ways to boost the economy through tax policy. Biden, the sitting Democratic president, plans to release his income tax returns on Monday, the IRS filing deadline. And on Tuesday, he is scheduled to deliver a speech in Scranton, Pennsylvania, about why the wealthy should pay more in taxes to reduce the...
The presidential candidates have conflicting ideas about how much to reveal about their own finances and the best ways to boost the economy through tax policy.
In an interview on “The Black Lawyers Podcast,” freshman Rep. Jasmine Crockett (D-TX) floated the idea of exempting black Americans from paying taxes as a form of reparations. “I don’t remember which celebrity, but it was actually a celebrity,” she said, recalling the proposal. “And I was like, ‘I don’t know if that’s not necessarily […]
A Democrat serving her second term in the U.S. House of Representatives recently stated that temporarily exempting black people from paying taxes is not "necessarily a bad idea." However, while parsing through the idea, she determined that such an exemption from taxes still likely won't redress the centuries-old horrors of slavery or current wealth disparities between black people and other racial groups since many black people "aren’t really paying taxes in the first place."On a recent episode...
Yuval RosenbergApril 8, 2024Former President Donald Trump reportedly told wealthy donors to his 2024 campaign that he’ll keep their taxes low
Colorado Representative Lauren Boebert said that the legal challenge against Donald Trump would disappear if the former president decided to "just quit" his run for a second term in the White House.Boebert's comments on Monday, posted to X, formerly Twitter, came after the beginning of Trump's hush-money trial in Manhattan Criminal Court, where the former president faces 34 felony counts of falsifying business records related to a hush payment involving adult-film star Stormy Daniels during...
Trump Suggests Offering Aid To Ukraine In The Form Of A Loan Authored by Aldgra Fredly via The Epoch Times, Former President Donald Trump has suggested that he would support Republicans approving Ukraine aid in the form of a loan, but that Europe must “equalize” its efforts to help Ukraine in its war against Russia. During a press conference at his Mar-a-Lago residence with House Speaker Mike Johnson (R-La.), President Trump said they are “thinking about making it in the form of...
To the editor: Reporter David Lauter misses the point of why billionaires have "moved" into supporting Donald Trump for president. He narrowly focuses on their fear of higher taxes. In fact, the wealthy who support the former president do so for many reasons only indirectly related to taxes. Primarily, they — like Trump — desire to rebuild an economy in service of the working class, allowing those in it to afford life in this country, to own homes, to provide for medical care and to save for...
About half of Ontarians say they would abolish the carbon tax if given the chance, a new poll suggests. A new Liaison Strategies poll released this week, which surveyed 1,280 Ontarians, suggests that about 49 per cent of residents support cancelling of carbon pricing while about 27 per cent argue it should stay in place. "When it comes to climate change and the carbon tax - Ontarians have a lot of mixed opinions but 54% say that affordability and the cost of living is more important than...
Donald Trump may have disappointed pro-life activists with his embrace of a federalist stance on abortion, but with President Joe Biden being a far-left abortion zealot, they will still vote for him. For New York Times columnist David Brooks on Friday’s PBS NewsHour, however, this is just another instance of “the power of Trump” and “above some of the core convictions.” Host Geoff Bennett asked Brooks for his thoughts on the fallout of the Arizona Supreme Court’s ruling that an 1864 pro-life...
Donald Trump may have disappointed pro-life activists with his embrace of a federalist stance on abortion, but with President Joe Biden being a far-left abortion zealot, they will still vote for him. For New York Times columnist David Brooks on Friday’s PBS NewsHour, however, this is just another instance of “the power of Trump” and “above some of the core convictions.” Host Geoff Bennett asked Brooks for his thoughts on the fallout of the Arizona Supreme Court’s ruling that an 1864 pro-life...
This year's presidential and congressional elections are unlikely to be decided on the issue of tax policy, but they will very likely determine how much of the tax cuts enacted under President Donald Trump survive.