
Ron Johnson’s crusade for simplicity
Raw StoryBack during President Donald Trump’s first administration, Wisconsin Republican Sen. Ron Johnson was known as Trump’s most reliable ally in the U.S. Senate. He cast the deciding vote for Trump’s tax code rewrite giving corporations tax cuts worth $1.4 billion — but only after he arm-twisted Trump and Congress into including special benefits for so-called “pass-through” corporations — companies like his own PACUR plastics firm — whose profits are distributed to their owners. “Whatever we do, we need to make it permanent,” Johnson said of the individual income and estate tax provisions of the 2017 Trump tax law. New research shows that workers who earned less than about $114,000 on average in 2016 saw “no change in earnings” from the corporate tax rate cut, while top executive salaries increased sharply, the Center reports. “Similarly, rigorous research concluded that the tax law’s 20% pass-through deduction, which was skewed in favor of wealthy business owners, has largely failed to trickle down to workers in those companies who aren’t owners.” Yet making those tax cuts permanent is among the “top priorities” for Congress and the new administration, Johnson said.
History of this topic

Trump’s promised laundry list of tax goodies gets a reality check
The Independent
Mike Johnson delivers win for Trump as House narrowly passes GOP budget framework calling for steep cuts
The Independent
Kentucky governor signs GOP-backed personal income tax cut
Associated Press
Republicans crafting Trump’s big bill hit a familiar roadblock: How to pay for it
Associated Press
Economist slams Trump’s latest tax cut demand as 'major strategic error'
Raw Story
Trump wants to cut taxes. So do governors and lawmakers in some states
Associated Press
Here’s why the cost of extending Trump’s tax cuts just surged by nearly $1 trillion
Raw Story
Trump tax cuts, if made permanent, stand to benefit highest income earners, Treasury analysis shows
Associated Press
'Headed for a brawl': Trump's plan reportedly 'dividing GOP lawmakers'
Raw Story
Trump again pushes no taxes - for anyone - in latest pitch to woo economic support
The Independent
Expert: Analysis shows Trump tax plan "taking money" from bottom 95% and "giving it" to richest 5%
Salon
Use Expiring Trump Tax Cuts To Overhaul The Entire Tax System, Groups Say
Huff Post
Trump 'open' to slashing taxes that fund Social Security and Medicare: report
Raw Story
Average income taxes in Wisconsin to go down $3 a month under cut signed by Evers
Associated Press
Wisconsin Republicans pass plan to cut income taxes by 15% on average
Associated Press
As GOP aims to punish poor, CBO says extending Trump tax cuts for rich would add $3.5 trillion to deficit
Raw Story
Republican Ron Johnson would rather sell you snake oil than talk about his most significant legislative achievement
Raw Story
Report: Johnson pushed for tax break benefitting megadonors
Associated Press
Comprehensive analysis of Trump's tax cut shows the rich won big time -- and the rest of us got crumbs
Raw Story
After 2 Years, Trump Tax Cuts Have Failed To Deliver On GOP's Promises
NPR
Tory manifesto: Boris Johnson ditches planned income tax cuts for high earners
The Independent
Boris Johnson’s tax cuts would drive up to 100,000 familes into poverty, study finds
The Independent
Trump's tax cut law barely boosted growth or wages and is not paying for itself, independent congressional report finds
The Independent
Most Americans got a Trump tax cut, most didn’t notice
Associated Press
Paul Ryan's parting gift to the rich: Yet another Republican tax cut?
Salon
State of the Union: Many of Donald Trump's claims in important address to Congress weren’t actually true
The Independent
AP FACT CHECK: Tax plan shows 2 things can be true at once
Associated Press
Donald Trump signs Tax Cuts Act into law
Al Jazeera
Trump's tax bill will allow US President to personally save up to $15m, find analysts
The Independent
AP FACT CHECK: Trump’s ‘middle-class miracle’ favors wealthy
Associated Press
AP FACT CHECK: Trump’s truth-warp on taxes; Dems drift, too
Associated Press
Trump notches first big legislative win with tax-cut bill — but it’s far from his populist promises
LA Times
CHARTS: See How Much Of GOP Tax Cuts Will Go To The Middle Class
NPR
Trump defends tax plan, proclaims economy set ‘to rock’
Associated Press
Trump touts tax reform as he leaves for Camp David
CNN
Paul Ryan Defends GOP Tax Plans
NPR
House Republicans pass tax plan, Senate plan’s future unclear
CNN
Trump's Trickle-Down Rich Man's Tax Cut Is Simply Cruel To Many Middle-Class Families
Huff Post
Donald Trump: Republicans unveil tax bill, slashing company tax, cutting individual rates
ABC
That 'Historic' Middle-Class Tax Cut Trump Promised? Still Just A Promise.
Huff Post
Donald Trump, Gary Cohn are completely wrong about tax cuts
Salon
The richest Americans have surpassed a wealth milestone
Salon
Donald Trump to roll out new tax plan, heavy cut in taxes for individuals on cards
India TV News
Bernie Sanders, Drudge Report both slam Trump's tax plan
Salon
Donald Trump vows to cut taxes ‘tremendously’ for middle class
India TV News
GOP's latest tax plan: Tax cuts for the richest, tax hikes for the poorest
Salon
Donald Trump lists tax cut proposal not yet passed into law among his greatest achievements as President
The Independent
Donald Trump’s tax plan seen as boon for rich, unclear for middle class
Live Mint
How Donald Trump's tax cuts could directly enrich himself and US most wealthy
The IndependentDiscover Related











































