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A Republican-led Congress is likely to let the enhanced personal tax credits expire, according to KFF, a nonprofit health policy group. The credits save enrollees about $700 a year, according to ...
The effort to include border, energy and tax policies in a single bill is a shift from where Senate Republican leader John Thune has been, but it also represents an evolution in how Trump’s team ...
The most important national cause of inflation is when government reduces taxes on corporations, inheritances, and the wealthy. Opinion: Will inflation hurt Democrats or Republicans? Skip to main ...
Economist Paul Krugman expressed a similar view in February 2020, writing that Trump's initial promises of a more bi-partisan agenda (e.g., raising taxes on the rich, infrastructure investment and preserving safety net programs) ultimately gave way to pursuing more typical Republican policy priorities of tax cuts and reduced safety net spending ...
For Republicans, the inflation issue is an election boon. But why don't they propose any ideas for doing something about it?
Though every congressional Republican voted against the bill, it passed by narrow margins in both the House of Representatives and the Senate. The act increased the top federal income tax rate from 31% to 39.6%, increased the corporate income tax rate, raised fuel taxes, and raised various other taxes.
Inflation is partly influenced by the global supply chain crisis, shifting consumer behavior and an influx of pandemic relief spending approved by Trump and Biden. Republicans target Biden ...
The Republican Party in the Trump era remained a mostly pro-business party in its policies but its constituencies and rhetoric have tilted more working class and populist, with many Romney Republicans drifting into the Democratic coalition....much of corporate America has swung culturally into liberalism’s camp.