Discover and read the best of Twitter Threads about #TaxCuts

Most recents (11)

“Ch 17,” titled, “A Matrix of Misinformation:

“The Lies Themselves...When Did the People Themselves Become a “Special” Interest?”

Quotes/Highlights THREAD

Fr *Culture War Class War 2022: Truth & Generations*

by Michael Adzema

(pub 10/22)

sillymickel.blogspot.com/2017/10/cultur…

CW22Q 17/1
Quotes/Highlights THREAD

From *Culture War Class War 2022:

*Truth & Generations*

by Michael Adzema

(available on website now & being published Oct 2022)

READ &/or dwnl entire BOOK free AT SITE... wp.me/p1C4cs-2HP #Midterms Blue Wave #MAGAts #ClassWar #FBR

CW22Q 17/2
[] “Yet these payoffs [to Republicans] were small investments to corporations, relative to the benefits they would get in the changes in government policy which affected them.” []

THREAD… sillymickel.blogspot.com/2017/10/cultur… #Midterms Blue Wave #MAGAts #ClassWar #CultureWar #FBR

CW22Q 17/3
Read 66 tweets
Kwasi Kwarteng is right to U-turn on one of his #taxcuts for the rich, but he needs to go back to the drawing board and come up with a vastly different plan if he wants to tackle the #costofliving scandal and reassure the markets and the country.

1/6
There is no evidence that lower taxes will yield higher investment or growth.

But we know that lower taxes will reduce support for those that need it the most, and deprive public services on the verge of collapse of much needed investment.

2/6
If the Chancellor is serious about tackling the cost of living scandal and shoring up the economy he will scrap planned tax cuts for the rich and instead:

3/6
Read 6 tweets
Truss refuses to rule out public spending cuts as she defends substance, but not presentation, of mini-budget [and throws Chancellor under the bus]
Here are the main points from the Liz Truss BBC interview with Laura Kuenssberg.
theguardian.com/politics/live/… #TrussFails #TrussMustGo
/2 #LizTruss admits she should have ‘laid ground better’ before mini-budget and says cabinet not consulted about 45% top rate #TaxCuts : Truss defended the government’s controversial mini-budget in its entirety, accepting that the presentation could have been improved
/3 , but giving no indication that she wants to change the substance of it. Asked if she was committed to getting rid of the 45% top rate of tax (the most controversial element), she said she was.
Read 9 tweets
Politico London: #Chevening chat: Over the weekend Truss was holed up with close aides in Chevening House, the grace and favor home she has access to as foreign secretary, nailing down whom she will put in her top team if she wins, and which policies she will pursue /1 #Truss
/2 Allies were being tight-lipped about the outcome of the away day last night, insisting there is “no complacency,” but that it is right that preparations for No. 10 Downing Street are being made.

Not so fast: Hope springs eternal over at rival #RishiSunak’s campaign HQ,
/3 where his team insists it’s still “all to play for.” Not nearly as many people have voted as people think, an ally tells Playbook. One bold Cabinet minister backing the former chancellor optimistically told the Observer he believed #Sunak still had a one-in-three chance
Read 13 tweets
/2 In the short term, we’ve got to go through probably a very serious #economiccrisis. I’ve felt for some time that we’re bound to have a very severe #recession. And if we’re not careful, it’s going to be combined with very bad #inflation, which does social, as well as economic
/3 damage. Brace yourself for it, but living standards generally are going to fall for the first time for a long time, and the main short-term measures should be to protect the very #poor, very #vulnerable and stop us seeing any increase in number of people becoming destitute
Read 6 tweets
Given the economic loss in Q1 as a result of the ongoing #COVID-19, even if China's growth rate is rapidly pulled to more than 5% in Q2, Q3 and Q4, it is difficult to achieve a growth rate of over 3% in the whole year without the implementation of unimaginable #stimuluspolicies.
But even so, China is likely to be the only major economy to see positive growth this year, according to CF40 Invited Member Liang Hong. mp.weixin.qq.com/s/Gzp9f_Tmm39V…
Whether China can recover from this shock in short term requires more efforts.
Read 6 tweets
💡 How to reconcile globalisation & #TaxJustice?

Some 🗝️ key points by 🎙️ @gabriel_zucman in another cracking #podcast episode of @TheTaxcast

🎧 ➡️ taxjustice.net/2019/10/25/tax…

THREAD 1/7
#TaxEvasion & #TaxAvoidance are not laws of nature, but policy choices. We can choose to:
🕵️‍♂️ allow secrecy
💸 lightly regulated the tax avoidance industry
🌪️allow tax competition to drive a #RaceToTheBottom

Or we can choose not to allow them 👇 2/7
The alternatively could be to choose to:
🧮 record wealth in registries
🏛️ regulate #TaxAvoidance industry
🌍 make international #tax coordination a core part of #Trade agreements & international cooperation

3/7
Read 8 tweets
The 2019 Economic Report of the President is out! You can read it here: whitehouse.gov/wp-content/upl…
Real GDP grew 3.1 percent during the 4 quarters of 2018, and was the fastest Q4-to-Q4 growth since 2005. It was also 0.9 percentage point above the pre-TCJA trend, and 0.8 percentage point faster than the last term of the previous administration
Investment by independent businesses rose sharply following passage of #TaxCuts, rising $26 billion above pre-TCJA trend by the end of 2018
Read 13 tweets
If you, like me, cannot point to a single thing @RepFrenchHill has done for the benefit of his constituents in #AR2 then you owe it to yourself and everyone else in the seven county area to vote for @clarketucker this November. #arpx #Vote #Midterms2018
.@RepFrenchHill has voted to end coverage for pre-existing conditions. He doesn't care whether or not you can afford to see a doctor, or even if your health insurance will cover a visit. He does not care about #Arkansans #AR2 #ByeFrench #VoteThemOut #arpx
.@RepFrenchHill supports @realDonaldTrump #ConcentrationCamps for migrant children, infants, and toddlers. He refuses to speak up about these egregious #HumanRights violations. #Arkansas deserves a better, more humane representative in #AR2 - @clarketucker is that person! #Vote
Read 89 tweets
This is the type of absolute denial of facts and reality occupying the #MAGA crown. There is no where in America, not one state, where the average gas price is not higher, generally by between 40-50 cents, according to the AAA, not known for faking basic data for partisanship.
The link to where you can see this for yourself is provided. I just looked at all fifty states. No state has longer cost gas today than a year ago. And for this particular statement to be true, the cost would actually need to be approx $1.30-$1.50 cheaper than current averages.
For many places, that would mean it being down by almost 50% or more from the average price. Wherever this half of gas sale is, I’d love to know. So there are two options here: this person lives in the one place in America where gas prices are at $1.75 or so, or they are wrong.
Read 19 tweets
(1) What a great January 2018 we are having! Team Trump #PhotoThread below, please read & retweet.

Last week's 60-tweet thread:

Page of links to all 19 photo threads: godlessnz.wordpress.com/2017/10/27/lin…

#MAGA #Vote2018 #GOPunity #TaxCuts #BuildTheWall👷‍♂️🇺🇸
(2) The above photo is from the joint press conference with the PM of Norway. We'll get to that a bit later. First, let's look in on the Very Stable Genius' winning move of keeping the live TV cameras rolling while he demonstrated the #ArtOfTheDeal on immigration reform.
(3) The usual WH routine is to have the media record a few remarks at the start of the meeting, then they leave so the participants can conduct the meeting in relative privacy. But this President doesn't always do things the routine way. Esp. when it's to his & our advantage.
Read 17 tweets

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