Discover and read the best of Twitter Threads about #TaxCutsandJobsAct

Most recents (11)

🚩US gets 1m BARRELS less of #OIL as PELOSI & JILL BIDEN
are in MiddleEast
Both have kids w/ENERGY
#Burisma/#Viscoil
FirstLady JillBiden
NancyPelosi spotted at extravagant celebration newlyweds
CrownPrinceHussein of Jordan +Rajwa Al Saif's marriage
conservativejournalreview.com/jill-biden-and…
🚩 #KeystoneXLpipeline would have covered 1,947 kilometres from Hardisty, Alberta, to Steele City, Nebraska
capacity to carry
💥830,000 barrels per day💥 of crude from western Canadian oil fields to Gulf Coast refineries in the U.S.
alberta.ca/keystone-xl-pi…. Image
🚩 #BIDEN STOPPED in 2021
#OIL IN ANWR has been an ongoing political controversy in USA since 1977
2017 #Republicans attempted to allow drilling in #ANWR
50 times finally being successful w/passage of
#TaxCutsandJobsAct of 2017

en.m.wikipedia.org/wiki/Arctic_Re….
Read 6 tweets
Yet another false narrative about the #TaxCutsandJobsAct pushed by Democrats has been disputed —> bloomberg.com/news/articles/…
"More than half of the benefit of repealing the $10,000 deduction cap for state and local taxes would go to millionaires, according to Congress’s nonpartisan tax scorekeeper...
"Getting rid of the so-called SALT cap would lower the burden for households earning at least $1 million by $40.4 billion, or 52% of the $77.4 billion in additional tax breaks, according to numbers released Monday by the Joint Committee on Taxation...
Read 3 tweets
In light of the new @iteptweets report (if you haven’t already, read it here itep.org/federal-tax-cu…), a thread on rising inequality & how effective tax policy can address it 1/15
As @PikettyLeMonde, @gabriel_zucman & @berkeley_olab’s Emmanuel Saez have shown, the bottom half of the income distribution has been completely shut off from economic gains since the 1970s
equitablegrowth.org/economic-growt… 2/15
They find that from 1980-2014, incomes grew:
121% for the top 10%
205% for the top 1%
636% for the top .001%

and a whopping 1% for the bottom 50% gabriel-zucman.eu/files/PSZ2018Q… 3/15
Read 16 tweets
(1) #PhotoThread: Team Trump current events. April 5, 2018. #MAGA #KeepAmericaGreat

You can find links to all my photo threads at: godlessnz.wordpress.com/2017/10/27/lin…

BELOW: #POTUS waves to the WH press corps aboard AF1 returning to DC today, with Deputy Press Sec Hogan Gidley in b/g.
(2) Here's a link to the previous thread, which started on March 22, 2018. Thanks for all your RTs, likes and comments on my photo threads. I enjoy bringing them to you. #MAGA

(3) A red tailed hawk sits on the exterior of the White House on April 3rd. The hawk has created a nest atop the Eisenhower Office Building. (Official WH photo)

The level of Trump administration hawkishness increases today as Ambassador Bolton formally begins his NSA tenure.
Read 31 tweets
.@RamblersMBB have been leveling their opponents throughout #MarchMadness. Unfortunately, the graduate students who assist the basketball team & athletic department aren’t on a level playing field w/ other graduate students who receive tuition aid when it comes to the tax code. Image
Only teaching and research assistants are exempt from paying taxes on their reduced or waived tuition and this puts a financial burden on graduate students who assist in other capacities.
I fought to preserve this tax benefit in the #TaxCutsandJobsAct and now I introduced a bill, the GAP Act, to ensure all graduate students can take advantage of this benefit.
Read 3 tweets
Anyone else notice @nytimes made a monumental mistake in their report about Samuel and Felicity Taxpayer? As it turns out (We blame Turbo Tax!), the happy couple will pay LESS in taxes (like appx. 85% of the country), due to the Tax Cuts and Jobs Act. NOT a $3,896 tax hike. #SMH
2. @nytimes excuse for flawed & failed analysis on impact of tax reform for Samuel and Felicity Taxpayer doesn't even make sense. You can't blame @turbotax “What-If Worksheet” for NY Times not claiming earned income credit. And they're corrected analysis is still wrong...
3. Even in @nytimes corrected "analysis," which now adds earned income credit, they STILL did not give Samuel & Felicity Taxpayer $1500.00 in credits for dependents! So, they are actually paying $1543 less in taxes due to #taxcutsforamerica, or #TCJA. Very sloppy partisan report.
Read 5 tweets
#AAON (heating and cooling) -- $1,000 bonus checks to 2,000 employees

@AccuWeather – year-end bonuses to all employees. (Approx. 450 – 500 employees)

@advancefinance – increase in 401(k) match; increase in profit sharing; increase in charitable donations.

#Trump @Rosie 😉
– increase 401(k) match from 50% to 100% on the first 4% of compensation plus one-time $500 contribution to every employee’s 401(k); $250 million increase in overall U.S. investment.

@AlaskaAir -- $1,000 bonuses for 22,000 employees

#Trump #taxscambill @Rosie 😉
Read 67 tweets
Listen up dummies!
1/ Here’s the scoop on what they hell is going on with #GOPTaxScam.
A couple days ago, the conference committee (Senate and House conferees) for #TaxCutsandJobsAct (barf) or #HR1 voted to move the bill to the House for a vote.
2/ This morning the House voted (227-203) to pass and it moved to the Senate.
(Ok, we knew that would happen, the House if fucking crazy and no one really understands them.)
3/ The Senate is slightly less batshit crazy and is where the real shit happens.
Sooooo…this afternoon, because the GOP is RUSHING to get this passed AND the Senate votes on EVERYTHING; a Motion to Proceed (MTP) on #HR1 passed (51-48 McCain absent).
Read 17 tweets
THREAD: I'm a small-business owner. A job creator. Met with my CPA; learned that @SenateGOP @HouseGOP #TaxScamBill #TaxScam will result in a massive net tax increase to my business & me, constraining employee wages, benefits, & our ability to hire.

@GOP will pay at ballot box.
2/ Talk to your accountant. If you run a small business or are an upper-middle-class professional, you are about to get hammered thanks to the @GOP, @SenBobCorker, @SenatorCollins, etc. You may think you're rich in their eyes—statistically you're right. But no.
3/ The @SenateGOP @HouseGOP @GOP is taking money from you—YOU, the real job creators—and giving $1.5 trillion to massive C-corporations. Country club Republican doctors, lawyers, accountants, small-business people who needed relief to expand? It's your pocket being picked.
Read 8 tweets
(1) Here's my latest Team Trump #PhotosThread.📸🦁🇺🇸

The previous one ran from Dec 8 to 18:

Info & links to 12 other photos threads since June 2017: godlessnz.wordpress.com/2017/10/27/lin… … …

Enjoy! RT to help #MAGA
(2) The President started the week with a landmark National Security Strategy speech in Washington, DC. #PeaceThroughStrength #AmericaFirst
(3) Oh noes! He held the glass with both hands again! Probably because he unconsciously worries about spilling some, like I do. We're neat freaks and germaphobes, stop judging us!😎
Read 72 tweets
1) President Trump Owns the Media in Under 100 Seconds!
#SenateTaxBill #TaxReform #TaxCutsandJobsAct #MichaelFlynn
2) The hardest working President in history, President Trump is always on the move.
3) He has little time to spare but note how expertly he uses these 100 seconds.
Read 27 tweets

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