Discover and read the best of Twitter Threads about #taxcuts
Most recents (13)
1/7 📉 The late 90s and 2000s were characterized by low interest rates and tax cuts.
While these policies were intended to stimulate the economy, they’ve also had significant implications for wealth inequality in the United States. #economics #inequality
While these policies were intended to stimulate the economy, they’ve also had significant implications for wealth inequality in the United States. #economics #inequality
2/7 💵 Low interest rates make borrowing cheaper.
This can benefit wealthy individuals and corporations who have access to credit, enabling them to invest in businesses, real estate, and other assets that can generate wealth. #interestrates #wealthgap
This can benefit wealthy individuals and corporations who have access to credit, enabling them to invest in businesses, real estate, and other assets that can generate wealth. #interestrates #wealthgap
3/7 🏦 For ordinary Americans, however, low interest rates can mean reduced returns on savings.
With little to no growth on their savings, it becomes harder for the middle class to build wealth. #savings #middleclass
With little to no growth on their savings, it becomes harder for the middle class to build wealth. #savings #middleclass
"Make Canada Work for People Who've Done the Work" @PierrePoilievre who voted against #CERB shares a press release amending the budget that reflects zero compassion for low income earners and the #disabled 
A re-elected Liberal government will:
Continue to ensure that secondary earners—mostly women—can exclude up to $14,000 of their working income when income-testing the #CanadaWorkersBenefit, so that families can receive up to $2,400.
canada.ca/en/revenue-age…
Continue to ensure that secondary earners—mostly women—can exclude up to $14,000 of their working income when income-testing the #CanadaWorkersBenefit, so that families can receive up to $2,400.
canada.ca/en/revenue-age…
1/2 You can read abut the Liberal Party Policies for disabled people at liberal.ca/our-platform/d… #CanadaDisabilityBenefitAct was unanimously adopted Febeuary 2, 2023 as a federal income supplement for working-age persons with disabilities.
This is a facile narrative that Poilievre keeps insisting, preferring an austerity budget that will only make the vulnerable even more precarious without government supports ... none of this will affect housing prices, because that is driven by a lack of supply
1/2 Conservatives advocate #taxcuts that fuel #inflation, reduced govt spending, free markets, #deregulation, #privatization, free trade, and minimal government debt. Those #regressiveeconomicpolicies instituted by the Harper govt led to #deficits
2/2 elimination and reduction of #environmentalprotectionregulations and #consumerprotectionregulations.
1/2 A growing number of folks realize that California is where they get their produce from & it's been slammed by forest fires, floods, etc. so they are going to grow their own veggies this year and escape the high prices in the grocery chain stores.
2/2 An estimated two-thirds of all produce consumed in Canada is imported from the U.S. accounting for approximately 37% of Canada's fresh fruit imports in 2021. California exported $4.8 Billion to Canada, including: $1.7B in fruits and nuts & $203M in vegetables and roots.
I live on a Gulf Island where the best weather conditions found in Canada are found so I purchase FRESH produce from organic farmers at farm gates and at Farmer's Markets twice weekly. Hubby also grows some of our veggies.
Are you now or will you be growing your own produce?
Are you now or will you be growing your own produce?
If you are a Canadian and you vote conservative, you could have a memory loss: Harper, Serial Abuser of Power: The Evidence Compiled
The Tyee’s full, updated list of 70 Harper government assaults on democracy and the law. thetyee.ca/Opinion/2015/0…
The Tyee’s full, updated list of 70 Harper government assaults on democracy and the law. thetyee.ca/Opinion/2015/0…
If you are a Canadian and you vote conservative thinking trickle-down economics can save Canada you could have memory loss:
6 charts show Stephen Harper has the worst economic record of any Prime Minister since World War II pressprogress.ca/6_charts_show_…
6 charts show Stephen Harper has the worst economic record of any Prime Minister since World War II pressprogress.ca/6_charts_show_…
If you are a Canadian and you vote conservative maybe you have a memory loss about the staffer for the Conservative party charged and convicted in the Harper era #PierrePoutine #robocallscandal deliberately designed to create #votersuppression. cbc.ca/news/politics/…
“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
“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
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
THREAD… sillymickel.blogspot.com/2017/10/cultur… #Midterms Blue Wave #MAGAts #ClassWar #CultureWar #FBR
CW22Q 17/3
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
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
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
3/6
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.
💡 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
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
🕵️♂️ 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
🧮 record wealth in registries
🏛️ regulate #TaxAvoidance industry
🌍 make international #tax coordination a core part of #Trade agreements & international cooperation
3/7
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
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
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.
(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👷♂️🇺🇸
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. 
