Category Archives: income tax
Nancy Pelosi called Trump’s tax cuts for workers “crumbs”. Thousand dollar crumbs, but still crumbs.
No doubt the House Minority Leader from San Francisco does have thousand dollar crumbs on her plate.
By her lights those crumbs are a “little piece of cheese in a mouse trap” for the little people who elect her to do what she does.
I don’t think she gets why her party has crumbled.
Got this from the “thank you very much” closing scene of the 1970 Albert Finney movie, Scrooge. Merry Christmas!
President Trump won big on tax reform. And Nancy Pelosi became unhinged. Here’s some of what she had to say about the bill:
The Senate tax bill ends the mandate to buy health insurance. This is a bad thing? It is according to a CNN Money article:
Poor Americans would lose billions of dollars worth of federal benefits under the Senate GOP tax bill, according to a new Congressional Budget Office report.
This is largely because the legislation would eliminate the individual mandate, which requires nearly all Americans to get health insurance or pay a penalty. This would result in 13 million fewer people having coverage in 2027, the CBO found.
Many of the folks who would forgo coverage would have lower or moderate incomes and would have qualified for Medicaid or federal help paying their premiums or out-of-pocket health expenses, CBO found.
If it’s a good deal why do people need to be forced to buy it? Do they think we’re stupid?