Tag Archives: GOP Tax Scam

The Economist reports: Last week, Trump claimed the tax bill — which has since been signed into law — “essentially” repeals the Affordable Care Act. The Republican bill to overhaul the tax system eliminates the fine Americans pay for foregoing health insurance, known as the individual mandate. Despite Trump’s claim, however, the bill doesn’t fully repeal the Affordable Care Act, …

CBC News reports: President Trump kicked off his holiday weekend at Mar-a-Lago Friday night at a dinner where he told friends, “You all just got a lot richer,” referencing the sweeping tax overhaul he signed into law hours earlier. Mr. Trump directed those comments to friends dining nearby at the exclusive club — including to two friends at a table …

ABC News reports: President Donald Trump signed the $1.5 trillion rewrite of the tax code into law at the White House on Friday capping off a victory lap before leaving to spend the holidays in Mar-a-Lago. “This is the bill, right here, we’re very proud of it,” Trump said according to a pool report. The measure, known as the the …

But you knew that already. The Washington Post reports: President Trump, who won the White House on a wave of populist promises, will likely save millions of dollars, thanks to Congress’s approval of a tax plan he pledged was designed for the middle class. Trump, who said he would be a “big loser” if the bill passed, stands to gain …

Raw Story reports: Ivanka Trump was blasted on Twitter on Thursday after she appeared on Fox & Friends to applaud the Republican tax bill as a win for the “middle class” and predicted that it would eventually erase the federal deficit. After the hosts of Fox & Friends praised the president’s daughter for her role in passing the tax bill, …

The Hill reports: Sen. Jeff Flake (R-Ariz.) said he skipped a gathering of congressional Republicans at the White House on Wednesday because he did not want to attend an event where lawmakers are expected to simply “stand around and clap.” The event, attended by House and Senate GOP leaders and a number of Republican lawmakers, was held to celebrate congressional …

CNBC reports: AT&T was quick to respond to news of U.S. tax reform, announcing it would give some employees bonuses once the legislation is signed into law. The telecom giant said in a press release Wednesday that it would give more than 200,000 U.S. union members a special bonus of $1,000. The company also increased its capital expenditures budget by …

Starting in the next hour: President Trump planned to hold a victory celebration at the White House on Wednesday after a massive tax reform bill cleared the House. The vote was 224-201. No Democrats voted for it, and they were joined by 12 Republicans. Republican lawmakers were expected to attend the White House ceremony, although it is unclear when Trump …

Yahoo News reports: The Republican-controlled U.S. House of Representatives on Wednesday was expected to give final approval to a sweeping tax bill and send it to President Donald Trump to sign into law, sealing his first major legislative victory in office. In the largest overhaul of the U.S. tax code in 30 years, Republicans in mere weeks steamrolled over the …

He just can’t stop bitching: President Trump lashed out at the news media on Wednesday for what he said was demeaning coverage of Republicans’ tax code overhaul. Trump’s tweet came after the Senate approved a sweeping rewrite of the nation’s tax code in a party-line vote early Wednesday. The House, which passed the measure on Tuesday, is set to vote …

Right wing sites are flipping out over several tweets posted last night by Rosie O’Donnell. From the Daily Caller: Former talk show host and comedian Rosie O’Donnell proudly and openly attempted to bribe Republican Senators Tuesday night, which is of course a felony. As the bill on tax reform was being debated in the Senate, O’Donnell offered “2 million to …

The Hill reports: Savannah Guthrie asked Speaker Paul Ryan (R-Wis.) during an interview on NBC’s “Today” show early Wednesday if he was “living in a fantasy world” to think that the GOP tax bill will help workers. Guthrie quoted former New York City Mayor Michael Bloomberg (I), who said in an op-ed earlier this month that such an argument is …