Taxes

Urban News: Happy New Year

I wrote this in January for the Urban News in Asheville. Happy New Year to you and yours. I love the idea of the new year and starting over. Don’t you wish we could redo the election? Unfortunately, there are no do-overs in life. Giving Your Money to the Very Wealthy So, if you remember, the GOP sped through a tax cut just before they got out of Washington for their Christmas break. Remember the GOP line—“Everyone will get a tax cut.” Well, that may have been what they set out to do. But that’s not what they did. If you

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More on How You are going to pay for Tax Cuts

One of the things that I truly love (please read with sarcasm dripping from my typewriter/computer) about this latest tax plan is that unlike some of the tax cuts in the past, this tax cut is going to be partially paid for by increasing your taxes. The sheer brutality of this tax cut is unprecedented. This tax cut will increase the deficit. Where are all of those GOP deficit hawks??? Tax cuts to large wealthy corporations Repeal of the Affordable Care Acts individual mandate – This generates over $53 billion in annual savings in order to help offset the tax cuts

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House GOP passes Tax Increase for the Poor and Working

The House GOP has passed their tax bill. Remember that this is very, very important to them. They introduced the bill last week and passed it this week. Here the take home from the GOP House tax bill. (see chart) The vast majority of Americans life in that $20,000 to $500,000 range. Most of us will see an INCREASE in our taxes secondary to this bill. I can spend hours and hours typing and belly-aching why this bill and the Senate bill hurts America. Tax cuts for corporations do not go for increase in wages. That is the dumbest logic ever

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
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