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The Next Big Lie: "Trump administration eyes permanent tax cuts, 10% middle class tax cuts: Kudlow"
Posted by: Steve G.
Date: February 14, 2020 12:14PM
Is that the same tax cut Trump promised before the 2018 election?Another HUGE LIE to get votes.

Trump administration eyes permanent tax cuts, 10% middle class tax cuts: Kudlow
[www.reuters.com]

WASHINGTON (Reuters) - The Trump administration is seeking to unveil its follow-up tax cut plan in September that would likely make a number of tax cuts permanent and possibly a 10% tax cut for middle class Americans, White House economic adviser Larry Kudlow said on Friday.

“We’d love to have a 10% middle class tax cut, and we would love to strengthen and make permanent some of the other tax cuts,” Kudlow said in an interview with Fox Business Network, according to excerpts released by the network.

“It’ll probably come out some time in September,” he added. Trump is seeking re-election in the Nov. 3 presidential election.
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Re: The Next Big Lie: "Trump administration eyes permanent tax cuts, 10% middle class tax cuts: Kudlow"
Posted by: Filliam H. Muffman
Date: February 14, 2020 01:06PM
Yay! Threaten to drive the deficit up more as an obvious ploy to get reelected!



In tha 360. MRF User Map
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Re: The Next Big Lie: "Trump administration eyes permanent tax cuts, 10% middle class tax cuts: Kudlow"
Posted by: btfc
Date: February 14, 2020 01:19PM
“ Trump cites 'serious economic conditions' in proposing 1% pay raise for federal employees”


‘ President Donald Trump on Monday justified a smaller-than-anticipated proposed pay raise for civilian federal workers by citing "national emergency or serious economic conditions," despite his frequent statements that the nation's economy is booming.

Trump proposed that pay raises for civilian federal workers be limited to 1% in 2021 in a bid to "maintain efforts to put our Nation on a fiscally sustainable course." He described a pay increase above 1% as "inappropriate."

"This alternative pay plan decision will not materially affect our ability to attract and retain a well qualified Federal workforce," the President wrote.

An across-the-board 2.5% increase for federal workers is slated to take effect in January 2021

In limiting federal pay raises, Trump cited his statutory authority to adjust pay because of "national emergency or serious economic conditions affecting the general welfare," but the President frequently touts a growing US economy, including a strong growth rate for the gross domestic product and low unemployment ‘

[www.msn.com]
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Re: The Next Big Lie: "Trump administration eyes permanent tax cuts, 10% middle class tax cuts: Kudlow"
Posted by: Acer
Date: February 14, 2020 01:26PM
Maybe he should lay off the golf outings until this crisis has passed.
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Re: The Next Big Lie: "Trump administration eyes permanent tax cuts, 10% middle class tax cuts: Kudlow"
Posted by: pdq
Date: February 14, 2020 05:07PM
Quote
Steve G.

WASHINGTON (Reuters) - The Trump administration is seeking to unveil its follow-up tax cut plan in September that would likely* make a number of tax cuts permanent* and possibly a 10% tax cut for middle class Americans....

* That would be upper-tier individual and corporate tax cuts





I promise they will pay for themselves this time, Charlie Brown!
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Re: The Next Big Lie: "Trump administration eyes permanent tax cuts, 10% middle class tax cuts: Kudlow"
Posted by: RgrF
Date: February 14, 2020 08:37PM
Deficits are only an issue if you're out of power, are never an issue for the party in power.
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Re: The Next Big Lie: "Trump administration eyes permanent tax cuts, 10% middle class tax cuts: Kudlow"
Posted by: AllGold
Date: February 15, 2020 02:48PM
Quote
RgrF
Deficits are only an issue if you're out of power, are never an issue for the party in power.

Let me fix that for you: "Deficits are only an issue for the GOP if they're out of power, are never an issue for the GOP when in power.



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Re: The Next Big Lie: "Trump administration eyes permanent tax cuts, 10% middle class tax cuts: Kudlow"
Posted by: decay
Date: February 17, 2020 03:22PM
We'd "LOVE TO HAVE" peace on Earth, too.

Doesn't mean it will happen.



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