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Billionaires who hate Alexandria Ocasio-Cortez’s 70% tax on the superrich are adamant it will hurt the economy — but history suggests othe...
Alexandria Ocasio-Cortez's 70% tax on the ultrarich faced quick backlash. But a compelling case can be made that it's an optimal rate for the economy.
Alexandria Ocasio-Cortez’s 70% tax on the super-rich is more popular than Trump’s tax cuts, new poll shows
According to an INSIDER poll, a plurality of Americans support a 70% tax rate on income over $10 million.
You can’t count out the Congress, I mean we could, but I’m not going to say," Hatch told reporters on Wednesday when asked about a vote shortly after the midterm elections on November 6. "It’d be highly unlikely but it could happen."
Trump denies that he started talking about a mysterious new tax cut because the original GOP tax law is unpopular
President Donald Trump rebuffed the suggestion that his new surprise tax cut promise from Saturday was made only because the perception of the initial GOP tax reform law is so negative.
House Republicans passed their "Tax Cuts 2.0" package on Friday, which would extend the Tax Cuts and Jobs Act's individual tax cuts. The extension would provide a small boost to the economy and mainly favor wealthier Americans. The bill is also likely dead on arrival in the Senate.
Salesforce’s Marc Benioff touts the Trump tax cuts: I don’t know a CEO who’s not aggressively spending
Executives around the world are flush with cash, and they're spending it on "digital transformation," according to Salesforce co-CEO Marc Benioff.
The Trump tax cuts were pitched as a boon to US workers, with X saying that they would lead to wage growth, and that "hardworking Americans" would never keep more of their money. While the tax cuts have meant that Americans are keeping more of their paychecks, no discernible gains in wages have materialized thus far.
BERNANKE: Trump’s tax cuts are like ‘Wile E. Coyote’ and the economy’s boost will fall off the cliff in 2020
Ben Bernanke, the former Federal Reserve chairman, said Thursday that the Trump administration's tax cuts would initially boost the economy but reach the edge of the cliff in 2020. Like Wile E. Coyote, they're going to fall off, Bernake said, and make the Fed's job harder.
As the new tax cuts ushered in solely by Republicans begin to take effect, one Democratic congressman is unveiling a repeal plan, signaling that President Donald Trump's primary opposition is serious about reversing his signature legislative achievement.
It's 'happy hour' in America, the firm says, and a hangover is coming.