GOP senators led by Ted Cruz call on Trump to bypass Congress to give rich Americans yet another tax
Complete Headline:
GOP senators led by Ted Cruz call on Trump to bypass Congress to give rich Americans yet another tax cut
Published 6 mins ago
on July 30, 2019
By Jake Johnson, Common Dreams
“This is the GOP long con in a nutshell. Trump blazes away with raw and hideous racism. Meanwhile, he and his party look for ways to ship yachtloads of cash to the super wealthy.”
A group of over 20 Republican senators on Monday urged President Donald Trump’s Treasury Department to bypass Congress to unilaterally hand the wealthiest Americans another massive tax cut.
In a letter (pdf) led by Sen. Ted Cruz (R-Texas), the GOP senators called on Treasury Secretary Steven Mnuchin to index capital gains to inflation, a move that would primarily reward rich investors.
According to Bloomberg, the Trump White House is “developing a plan” to cut taxes for the rich by indexing capital gains to inflation.
https://www.rawstory.com/2019/07/led-by-ted-cruz-gop-senators-call-on-trump-to-bypass-congress-to-give-rich-americans-another-tax-cut/
This needs to be a debate question tonight.......................to expose this bullshit ........................
