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Trump is Ready for Higher Fuel Taxes!
With all those bigTax cuts for Big Business then you knew this was coming before the next presidential election cycles! The whole system is nothing but a farce for the common people struggling to stay afloat in this system of corrupt political gamesmanship with lobbyist buying the votes for Rich corporations.
serf
https://www.mcclatchydc.com/news/politics-government/congress/article228794204.html
The Trump administration and congressional Democrats have found something they agree on ? and it could mean higher taxes on gasoline and diesel fuel.
Last week, President Donald Trump?s transportation secretary, Elaine Chao, told senators that a gas tax hike was on the table when asked whether the White House would support such a move
https://www.vox.com/policy-and-politics/2018/7/11/17560704/tax-cuts-rich-san-francisco-fed
Tax cuts have clipped trillions of dollars off federal government revenues in recent years, largely to the benefit of the richest Americans. Two-thirds of the cuts have gone to the top 20 percent of earners. And while the latest round of tax cuts is supposed to boost the economy, that?s not guaranteed to happen. Those are the conclusions of two new reports out this week.
The first analysis, from the Institute on Taxation and Economic and Policy, a liberal-leaning think tank, found that from 2001 through 2018, changes to the federal tax code have reduced revenue by $5.1 trillion. Sixty-five percent of the savings have gone to the richest fifth of Americans, with 22 percent of them going exclusively to the top 1 percent.
serf
https://www.mcclatchydc.com/news/politics-government/congress/article228794204.html
The Trump administration and congressional Democrats have found something they agree on ? and it could mean higher taxes on gasoline and diesel fuel.
Last week, President Donald Trump?s transportation secretary, Elaine Chao, told senators that a gas tax hike was on the table when asked whether the White House would support such a move
https://www.vox.com/policy-and-politics/2018/7/11/17560704/tax-cuts-rich-san-francisco-fed
Tax cuts have clipped trillions of dollars off federal government revenues in recent years, largely to the benefit of the richest Americans. Two-thirds of the cuts have gone to the top 20 percent of earners. And while the latest round of tax cuts is supposed to boost the economy, that?s not guaranteed to happen. Those are the conclusions of two new reports out this week.
The first analysis, from the Institute on Taxation and Economic and Policy, a liberal-leaning think tank, found that from 2001 through 2018, changes to the federal tax code have reduced revenue by $5.1 trillion. Sixty-five percent of the savings have gone to the richest fifth of Americans, with 22 percent of them going exclusively to the top 1 percent.
Comments
Not certain Trump is ready for it. Sure its something both sides of the aisle can agree on. For the working man. Just another unfair burden to making a living. Taxing the rich sounds like a better plan. They can start with Jeff Bezos and George Soros and the rest of the 1%.
What an utter surprise...not.