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Search Results for: Tax Cuts and Jobs Act

Conference Report [Final Bill] for Tax Cuts and Jobs Act 2017 [Full text]

The conference committee resolving differences between House and Senate passed versions of the Republican tax bill reached agreement Friday and released the following final version of The Tax Cuts and Jobs Act. This conference report will accompany H.R. 1 as and will require passage by both the House and Senate before being sent to the president to be signed. Full ...

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Blue States Will Turn To Supreme Court After Appeals Court Strikes Down Obamacare Mandate

Obamacare has failed the American people

California and a coalition of blue states defending the Affordable Care Act (ACA) told a federal judge Friday that they will appeal a lower court order striking down the individual mandate to the Supreme Court. A three-judge panel of the 5th U.S. Circuit Court of Appeals affirmed Wednesday a trial judge’s decision invalidating the mandate, saying it could no longer ...

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Federal Appeals Court Struck Down Obamacare Insurance Mandate

Barack Obama upset

A federal appeals court ruled Wednesday that the Affordable Care Act’s individual mandate is unconstitutional, calling the future of the landmark healthcare law into question ahead of the 2020 election. The 2-1 ruling from the 5th U.S. Circuit Court of Appeals said the mandate is unconstitutional because the 2017 Tax Cuts and Jobs Act set the mandate penalty at zero. ...

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Here’s How Progressive Policies Like Medicare For All Could Affect American Middle-Class Taxpayers

If the U.S. adopted a European-style tax system to fund federal entitlement programs, single U.S. workers making $40,000 would see a $6,000 increase in income tax, according to a Heritage Foundation report. If the U.S. implemented all of the socialist-style policies 2020 presidential candidates like Elizabeth Warren and Bernie Sanders are proposing, they would have no choice but to tax ...

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Our Economic System And The Threats To Freedom

The internet is filled with explanations for why millennials are turning to socialism in droves. They’re ungrateful and greedy, they don’t understand what it is, Instagram makes us covet other people’s stuff, or, my personal favorite, millennials pick dumb and unemployable majors in the liberal arts when they should study math or learn to code. It might feel good saying ...

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It’s Time To Put Families On The Same Footing As Corporations In The Tax Code

For the better part of two generations, conservatives have embraced a pro-growth approach to tax policy — at least when it comes to capital formation. We believe the answer to a weak economy is aggressive tax cuts and deregulation, not government spending. When we lower taxes on businesses and free up some of their previously tapped resources, we enable them ...

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Neil Cavuto And Chris Cuomo Strike Back At Trump

Recently President Trump tweeted that .”I don’t want to Win for myself, I only want to Win for the people. The New @FoxNews is letting millions of GREAT people down! We have to start looking for a new News Outlet. Fox isn’t working for us anymore!” Trump has also tweeted that. “Fox is changing and there is something going on ...

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Democrats Hate America and American Success

For most Americans, it’s obvious that whatever is good for America is a disaster for Democrats. Democrats hate and despise America so much they are now going to other countries that equally hate America to raise money! It’s also obvious that President Trump’s attention to the southern border criminals and crimes are working? Is the wall and law enforcement efforts ...

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Democrats Have Convinced A Majority Of American’s That Trump Didn’t Cut Their Taxes. They’re Wrong

Not even one in ten American taxpayers got a tax increase this year, but a New York Times survey reveals that many Americans believed they did not get tax cuts because of Democratic misrepresentation. The New York Times conducted a survey through Survey Monkey in early April that found that 40 percent of Americans believed they had received a tax ...

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Physicians Thank President Trump for Declining to Defend the Unconstitutional Affordable Care Act

The Association of American Physicians and Surgeons (AAPS) has written a letter to President Trump, commending his decision not to defend the constitutionality of the Affordable Care Act (ACA). The decision of federal district Judge Reed O’Connor in Texas v. United States is on appeal in the Fifth Circuit Court of Appeals. Judge O’Connor ruled that the Tax Cuts and Jobs Act of 2017, which zeroed ...

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New Tax Rules Require Only 1 Divorced Parent to Claim Child on Taxes

Divorce will become more complicated this year when resolving the issue of which parent can claim children on taxes, as the U.S. Tax Cuts and Jobs Act now requires just one eligible parent despite having joint custody. This means legal counsel will be more important than ever. If you live in Utah, a child custody attorney in Salt Lake City ...

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Tax Refunds Now up 1.3 Percent over 2018, Increase 19 Percent from Last Week

The average American’s tax refunds are up in 2019, according to the U.S. Treasury Department. Mainstream media has reported for weeks that President Trump’s tax plan had negatively impacted refund amounts, but new data shows they got it wrong. “The average refund at this point in the filing season is now up 1.3 percent over last year based on 47.7 ...

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State Revenues In Trump Economy So Strong They’re Giving Money Back To Taxpayers

Several states are cutting taxes and putting money aside to protect themselves during future recessions as state economies continue to boom since President Donald Trump took office. Almost every U.S. state is experiencing a thriving economy; 48 states will meet or exceed revenue expectations, according to a survey from The National Conference of State Legislatures, The Wall Street Journal reported Thursday. ...

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