1. Trump's "Alternative Facts" Are The Ultimate Result Of Fox News Talking Points
2. Yet More Proof Of Economic Treason By The GOP
Republicans are lying as usual to push fake economics. This post outlines all these easy to debunk lies by Trump, the GOP and Fox News (& their right wing conspiracy theorist base).
Republican tax bill would create American dynasties Republicans want to cut taxes for the super rich -- and raise them on working people. That might be bad for you, as Robert Reich explains, but it's great news for the children of billionaires. Duration: 6:47
Top earners would benefit most from Republican tax cut, charts...Under the Senate GOP tax plan, the country’s wealthiest would do better than the middle class and more than $2T of new debt would be added to the economy, according to Steve Rattner’s new charts. Duration: 14:51
Robert Reich Runs Circles Around Trump's Former Economic Adviser Stephen Moore The former secretary of labor dismantles the myth that tax cuts boost the economy.
“We did this in 2004; Steve Moore is acting like we didn’t have an experiment to test this theory. Under the George W. Bush administration, we did have a repatriation, a tax holiday and what did corporations do with all that extra money? Did they invest it? Create more jobs? No!” Reich explained. “They just brought back their shares of stock, pumped up share prices, provided more executive pay to the top executives—we’ve done it and we’ve seen that there are no results."
Moore was undeterred by the facts and carried on with his dubious economic position. “Explain to me why it’s good for America that we have a 40 percent tax rate way up here and the rest of the world is at 20 percent down here,” he responded with gesticulation outside the camera frame. "It just doesn't work for America."
Reich shut that argument down. “Well, it does because the effective tax rate—that is, what corporations are actually paying—is just about the same as other foreign corporations are paying."
CNN's Brianna Keilar explains how GOP tax plans are "propped up by, frankly, dishonest math"
For Facts Sake: GOP Tax Myths Republicans tout "progressive" tax plans, in which people who make more pay more. Yet, an analysis of the initial Joint-Committee on Taxation score of Senate legislation says otherwise. MSNBC’s Stephanie Ruhle reports. Duration: 2:10
MSNBC hosts outline how GOP tax plan directly benefits Trump and the super rich Ali Velshi: Trump would "save millions" under GOP tax framework, while Trump heirs "stand to save over a billion dollars"
Salon: Why the Republican tax plan is more failed than trickle-down economicsDon’t fall for the supply-side, trickle-down nonsense. It won’t help
Hannity pleads for Trump to cut taxes on the rich so they can buy boats and stimulate the economy (debunked above)
Tax bill would save Trump $1 billion: Analysis Republicans want to give a massive tax cut to the super rich. But Donald Trump insists he doesn't benefit at all. Duration: 1:56
Donald Trump’s Budget Breaks These 7 Campaign Promises
You don’t cut taxes with two wars and 240,000 troops overseas Republicans shed others’ blood while looking out for their own
Republicans Are Selling Their Tax Plan on a Platform of Lies Too many taxpayers hoping for a better future are going to lose out.
Fox & Friends host covers up Trump tax plan’s giveaway to the super rich
Senate GOP pushes tax hike on families making less than $75,000