Trump’s Tax Cuts Are the Biggest Wealth Grab in Modern History

Wikimedia Commons

On Nov. 2, Republicans in Congress finally released the details for their tax plan. The Tax Cuts and Jobs Act is a massive overhaul of the tax code and spending priorities—and nothing short of a boon to the very wealthy at the expense of everyone else.

I’m old enough to remember way back to Nov. 1, when CBS released a poll showing most Americans wanted to see the wealthiest households and biggest corporations pay more, not less, in taxes. This is in sync with poll data from Gallup, collected year after year since 1992, that shows a solid majority of Americans believe the wealthy pay too little in taxes.

Given such overwhelming support for raising, not cutting, taxes on the wealthy, it makes sense that President Donald Trump and his allies in Congress would present their tax plan as benefiting the middle class rather than the rich. It’s about “people who are low- and middle-income,” says House Speaker Paul Ryan, “not about people who are really high-income earners getting a break.” Trump has even claimed “the rich will not be gaining at all with this plan.”

Unfortunately, those are bald-faced lies.

Read the full article on Fortune.

The post Trump’s Tax Cuts Are the Biggest Wealth Grab in Modern History appeared first on Institute for Policy Studies.

|||||||http://feedproxy.google.com/~r/IPS/latest/~3/BQ_ryYH7AT0/

Is your toy supply chain ready for the Modern Day Slavery Act? – Toy News


Toy News
Is your toy supply chain ready for the Modern Day Slavery Act?
Toy News
ICTI Care's Mark Robertson outlines how a raft of new legislation, coming into effect today, means toy companies must take a closer look at their supply chain. Modern Day Slavery continues to make the headlines, and for very good reason. According to …

and more »

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNG2cOZjZDHgmIERPQbAd4AeR9R40A&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779073218920&ei=2sIbV4DZDIjuwQGQ1JLQAg&url=http://www.toynews-online.biz/opinion/read/is-your-toy-supply-chain-ready-for-the-modern-day-slavery-act/046318

Is your toy supply chain ready for the Modern Day Slavery Act? – Toy News


Toy News
Is your toy supply chain ready for the Modern Day Slavery Act?
Toy News
ICTI Care's Mark Robertson outlines how a raft of new legislation, coming into effect today, means toy companies must take a closer look at their supply chain. Modern Day Slavery continues to make the headlines, and for very good reason. According to …

and more »

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNG2cOZjZDHgmIERPQbAd4AeR9R40A&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779073218920&ei=KVIJV5jZM4jEwQHUz5HABA&url=http://www.toynews-online.biz/opinion/read/is-your-toy-supply-chain-ready-for-the-modern-day-slavery-act/046318

Is your toy supply chain ready for the Modern Day Slavery Act? – Toy News


Toy News
Is your toy supply chain ready for the Modern Day Slavery Act?
Toy News
ICTI Care's Mark Robertson outlines how a raft of new legislation, coming into effect today, means toy companies must take a closer look at their supply chain. Modern Day Slavery continues to make the headlines, and for very good reason. According to …

and more »

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNG2cOZjZDHgmIERPQbAd4AeR9R40A&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779073218920&ei=khoAV9ziG4aFhQGwk4GwDg&url=http://www.toynews-online.biz/opinion/read/is-your-toy-supply-chain-ready-for-the-modern-day-slavery-act/046318

A Flower-Farming Renaissance: America’s Slow Flower Movement – Modern Farmer


Modern Farmer
A Flower-Farming Renaissance: America's Slow Flower Movement
Modern Farmer
Finally, in 2013, a group of flower farmers led by Kasey Cronquist, the chief executive of the California Cut Flower Commission, established a “Certified American Grown” task force and commissioned a survey about the industry. Among the findings: 74

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNH77KPpArc6_KRl98dXrfrarybS_g&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=jBUAV5ChD9zBhAHKuI-wAw&url=http://modernfarmer.com/2016/03/slow-flowers/

Chicken From China May Show Up On US Shores – Modern Farmer


Modern Farmer
Chicken From China May Show Up On US Shores
Modern Farmer
… thus effectively banning Chinese processing of U.S. chickens. China protested to the WTO, which forced the U.S. to resume inspections. We did, but found China unfit, until 2013. … Of course, it doesn't make much sense to do this; chicken, unlike

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNFLEeM_0Nv34bDbG3yqOsz3BmW9gw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=WglxVPmNGIPIwAGCm4CYAw&url=http://modernfarmer.com/2014/11/chicken-china-may-show-u-s-shores/

Modern Day Slavery and What We Buy – US Department of State (press release)

Modern Day Slavery and What We Buy
US Department of State (press release)
We have a long way to go to tell consumers that the mineral they use, whether it's the mica that makes the lipstick glittery, or whether it's the coltan makes your cell phone not burn your pocket is somehow slavery-free. Forced labor in agriculture is

and more »

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNGx8Sz1jurIApuKrwqTmplXJK009A&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778570811094&ei=0XTwU7iTK4b2wAGb_4GoDw&url=http://www.state.gov/j/tip/rls/rm/2014/229729.htm

A modern day ‘harvest of shame’ – TucsonSentinel.com

A modern day 'harvest of shame'
TucsonSentinel.com
Across the country, farms full of migrant workers have been replaced with warehouses full of temp workers, as American consumers depend more on foreign products, online shopping and just-in-time delivery. It is a story that begins at the ports of Los

|||||||http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHPf-sEHrl_sJEyXzwZhBL3av3N2Q&cid=c3a7d30bb8a4878e06b80cf16b898331&url=http://www.tucsonsentinel.com/nationworld/report/031114_harvest_of_shame/a-modern-day-harvest-shame/

The World’s Worst Countries for Modern Day Slavery – PolicyMic


PolicyMic
The World's Worst Countries for Modern Day Slavery
PolicyMic
Women and children forced into camps for internally displaced people after the earthquake are at an increased risk of sex trafficking and forced labor. Many young boys are subjected to agricultural work like farming cotton and cashews. Girls are

and more »

|||||||http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEMlVo5N6mgtEydmZ82zcCSMO7ayw&cid=c3a7d30bb8a4878e06b80cf16b898331&url=http://www.policymic.com/articles/82347/the-world-s-worst-countries-for-modern-day-slavery

A couple’s passion, modern Mexican art, now showing at the Nelson – Kansas City Star


Kansas City Star
A couple's passion, modern Mexican art, now showing at the Nelson
Kansas City Star
As Jan Schall, curator of modern and contemporary art, notes in the accompanying label, the artist's use of sugar and rubber “is a reminder of the commodities that were exploited by the Spanish overlords of past centuries through the labor of enslaved

and more »

|||||||http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGDeAq5oX67l68j_opzOJH5g3ex5A&url=http://www.kansascity.com/2013/05/31/4264645/a-couples-passion-modern-mexican.html