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Last year Gary Cohn, a Goldman Sachs Jewish robber baron who served as Trump's economic advisor, met with a number of CEOs at a Wall Street Journal hosted event meant to promote the "Tax Cuts and Jobs Act." The law cut the corporate tax rate from 35% to 21%. Cohn asked how many in the... Read More
I deplore the tax cut that has passed Congress. It is not an economic policy tax cut, and it has nothing whatsoever to do with supply-side economics. The entire purpose is to raise equity prices by providing equity owners with more capital gains and dividends. In other words, it is legislation that makes equity owners... Read More
S. Peries: It's the Real News Network. I'm Sharmini Peries coming to you from Baltimore. A general consensus is emerging that Trump's tax plan, which he presented last Wednesday will benefit mostly the country's upper classes and corporations. In fact the only people that got a tax increase are the poorest taxpayers. A quick scan... Read More