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President Trump: Give Back the Money and Stop Grabbing More
The White House and Congress can and should provide relief to American families who bore the costs of these illegal tariffs. The administration has the responsibility to design such relief. You took the money illegally; now you should return it. President Donald Trump, you took funds from the American people that were never yours to take. […]
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Trump’s Whims on Tariffs and Trade Deficits
“Trump’s tariff formula explained: How rates were determined for each country” IMAGE/USA Today/Duck Duck Go Tariffs Tariffs are a tax imposed on imported goods to protect local industries in order to be self-sufficient and thus avoid being taken advantage of. For a very long time, Britain charged tariffs on many items, only in 1860 were […]
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Billionaires Could Soon Face More Taxing Times
Billionaires, beware: Thousands of your countrymen are focusing hard on reining in your riches. All of them, including large numbers of millionaires, want you to pay higher taxes. They want a twenty-first century America with less income inequality and more tax fairness. Something like the America of decades ago, before the laws started leaning toward […]
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President Trump’s Proposal to Eliminate Income Taxes: Can It Be Done?
In February, President Trump said that tariffs would generate so much income that Americans would no longer need to pay income taxes. The latest plan, according to U.S. Commerce Secretary Howard Lutnick, is to abolish income taxes for people who earn less than $150,000 yearly. That move would affect roughly 75% of workers, according to U.S. Census Bureau data. On its […]
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Why the Republican Party Is Trying to Cut Healthcare to the Poor
On May 7, the AP headlined “House GOP backing off some Medicaid cuts as report shows millions of people would lose health care,” and reported: House Republicans appear to be backing off some, but not all, of the steep reductions to the Medicaid program as part of their big tax breaks bill, as they run into […]
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Why Does the Government Borrow When It Can Print?
In the first seven months of Fiscal Year (FY) 2024, net interest (payments minus income) on the federal debt reached $514 billion, exceeding spending on both national defense ($498 billion) and Medicare ($465 billion). The interest tab also exceeded all the money spent on veterans, education, and transportation combined. Spending on interest is now the second […]
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Tyranny by the Numbers: The Government Wants Your Money Any Way It Can Get It
The government wants your money. It will beg, steal or borrow if necessary, but it wants your money any way it can get it. This is what comes of those $1.2 trillion spending bills: someone’s got to foot the bill for the government’s fiscal insanity, and that “someone” is the U.S. taxpayer. The government’s schemes […]
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Divesting from Genocide and US Militarism
War tax resisters are taking to the streets to call for an end to genocide and endless war. They are divesting from the taxes that fund war and investing in people, planet, and justice. The US supports Israel with over $3 billion in military aid each year and has provided more military aid to Israel […]
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