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Currently showing results related to Taxes
‘Republicans Will Seek To Lower Tax Rates’
'The Single Most Important Action We Can Take To Grow Our Economy And Help The Middle Class Get Ahead Is To Fix Our Broken Tax Code For Families, Small Business, And American Job Creators' SEN. MITCH McCONNELL (R-KY): "…just last week, the Administration and congressional leaders - and most importantly the chairmen of the Senate Finance and House Ways and Means Committees - issued a joint statement outlining shared principles for unleashing the American economy through comprehensive tax … Continue Reading
06.22.17
Better Care
'If It Passes, It'll Be The Greatest Policy Achievement By A GOP Congress In My Lifetime' PRESIDENT TRUMP: 'Plan… very meaningful' "…we have a thing called healthcare that you may hear is percolating in the outside, as we've discussed. And I think it's going to come out. Obamacare is a disaster; it's dead. Totally dead. And we're putting in a plan today … we will hopefully get something done, and it will be something with heart and very meaningful." ("Remarks by Preside… Continue Reading
05.17.17
Tax Reform: ‘A Once-In-A-Generation Opportunity’
After 'Slowest U.S. Recovery Since WWII,' Reform Would 'Increase Capital Spending…Increase Hiring…Accelerate Economic Growth' SEN. MITCH McCONNELL (R-KY), Senate Majority Leader: "…this Republican Congress has been working to get our economy moving again and to spur job creation. … Passing tax reform legislation would mark a major achievement in bringing us closer to that goal. This Republican Congress and administration have made it a priority from the start." (Sen.… Continue Reading
09.08.16
Obamacare ‘Crashing Down All Around Us’
'President Obama's Health Care Law Is Struggling' SEN. MITCH McCONNELL (R-KY): "Obamacare is a direct attack on the Middle Class. It hurts the very people it was supposedly designed to help. It raises costs, crushes choice, and is now crashing down all around us. It simply isn't working." (Sen. McConnell, Floor Remarks, 9/8/16) Next Year Under Under Obamacare 'Premiums Are Expected To Go Up Sharply' "With the hourglass running out for his administration, President Obama's health care law is… Continue Reading
05.27.16
Senate Back To Work
List of Legislation Passed By The Republican Senate Continues To Grow SENATE MAJORITY LEADER MITCH McCONNELL: "We're seeing every day what a Senate that's back to work can achieve. We're seeing what's possible when committees are up and running again and the legislative process is functioning better again. We're seeing what's possible when senators from both sides of the aisle are empowered again to find areas of common ground, and then can actually work together to achieve them. . . We're g… Continue Reading
04.28.16
Regulations Accelerate, Economy Slows
The 'Economy Edged Further Into The Slow Lane' As Obama Bureaucrats 'In The Bowels Of Federal Agencies' Busily Bury Job Creators Under A 'Flurry Of Regulations' "The U.S. economy sputtered in the first quarter, expanding at the slowest pace in two years as business slashed investment by the steepest amount since the Great Recession. Gross domestic product, the sum of a nation's economy, slowed to a 0.5% annual growth rate in the first three months of 2016, the government said Thursday." ("GDP R… Continue Reading
04.19.16
Senate Back To Work: FAA & Energy
The Stack Of Significant Legislation Passed By The Republican Senate Solving 'Big, Entrenched Problems' Continues To Grow FAA: 'Passenger-Friendly' & Will 'Ramp Up Airport Security' SEN. JOHN THUNE (R-SD), Commerce Committee Chairman: "Passage of this bipartisan legislation is a win for airline passenger rights, advancing responsible drone usage, boosting the competitiveness of the aerospace industry, and making our skies safe." (Senate Commerce, Science, & Transportation Committee… Continue Reading
02.12.16
‘A Great Day For American Consumers’
Ending Years Of Temporary Extensions, 'Mark[ing] An Enormous Win For Taxpayers And Consumers' SEN. MITCH McCONNELL (R-KY): "The Internet is a resource used daily by Americans of all ages, across our country. Students use it to research school projects and papers. Entrepreneurs use it to help run their businesses and come up with new ideas. Families use it to manage their busy schedules and stay in touch with relatives. It's important that they be able to do all of this without the worry of t… Continue Reading
02.11.16
‘Prolific Senate’ Notches Another Win For Hard-Working Americans
The 'Internet Tax Freedom Forever Act' Added To The Stack Of Significant Legislation Passed By Congress Solving 'Big, Entrenched Problems' SEN. MITCH McCONNELL (R-KY): "I think many Americans would agree with this statement: The Internet should remain open and free - politicians should certainly not try to tax it. Congress passed a temporary ban on Internet taxes in 1998. It was an important, bipartisan win for the American people. Congress has since voted eight times to reauthorize that tem… Continue Reading
02.05.16
President Obama’s Energy Tax
Latest Democrat Scheme Could 'Could Add As Much As 25 Cents A Gallon To The Cost Of Gasoline' "President Barack Obama will propose a $10 per barrel tax on oil in his fiscal 2017 budget plan…" ("Obama $10-Per-Barrel Oil Tax Lands With Thud in Congress," Bloomberg News, 2/04/2016) If Enacted, 'Consumers Will … Pay The Price' For 'Trickle Down' Tax On Gas "Obama's $10 oil tax proposal would cost motorists" ("Obama's $10 Oil Tax Proposal Would Cost Motorists," USA Today, 2/05/201… Continue Reading
12.18.15
Restoring The Senate
'A Congress That Worked' -- From Highways, To The 'Doc Fix,' To Tax Relief For Families And Businesses, Progress For The American People SEN. MITCH McCONNELL (R-KY): "[R]estoring the Senate is the right thing to do. And it's the practical thing to do. Because we're only going to pass meaningful legislation if members from both parties are given a stake in the outcome. That's the genius of regular order. That's the genius of the Senate." (Sen. McConnell, Press Release, 1/7/15) "Beneath The Batt… Continue Reading
12.17.15
‘Permanent Tax Relief For American Families And Small Businesses’
Job Creators: 'The Importance Of This… Cannot Be Overstated,' 'Easily The Most Positive Thing Congress Has Done For Small Business In The Past Several Years' SEN. MITCH McCONNELL (R-KY): "It would enact permanent tax relief for American families and small businesses. That will lead to more jobs, more opportunity, and more economic growth here in America." (Sen. McConnell, Floor Remarks, 12/17/15) Permanent Tax Relief Hailed As 'Historic And Very Promising Breakthrough' NATIONAL A… Continue Reading
10.06.15
Obama’s Regulatory Blitz: ‘Death By A Thousand Cuts’
51 Regulations Are Promulgated By Bureaucrats For Every Law Passed SEN. JOHN BARRASSO (R-WY): 'The costs of these regulations are real' "In the final 15 months of the Obama administration, Washington bureaucrats are working overtime, to finalize new rules on everything from prairie puddles to power plants. … In this administration's race to control more of what Americans do every day, it has lost all perspective. The rules are based on ideology, rather than practicality. The result is… Continue Reading
04.30.15
Obamacare Tax Shock: ‘Far Worse Than Predicted’
5.5 Million Americans Owed the IRS Money Because of Obamacare, Up Significantly From An Expected 3.4 Million Obamacare: A Tax Shock For Millions, More Confusion Expected Next Year "So roughly 5.5 million ObamaCare enrollees had to return, on average, almost a quarter of their premium subsidies. Given that these subsidies are available only to families with modest incomes, that's got to hurt." ("ObamaCare's Tax Shock Is Far Worse Than Predicted," Investor's Business Daily, 4/28/15) "Most fi… Continue Reading
04.15.15
Obamacare Tax Day Nightmare: ‘I Owe Thousands’
Today Courtesy Of Obamacare Many Americans 'In Shock,' Confronting 'A Nasty Surprise' Obamacare: A Tax Shock For Millions, Hundreds Of Thousands Receive 'Incorrect Data' "Half of the households that received federal subsidies to help pay for their health insurance in 2014 will have to repay some money back to the government when they file their tax returns" ("Nasty Tax Surprise For Obamacare Customers," CNBC, 3/24/15) "The average repayment owed by those people will be $794, the Kais… Continue Reading
04.15.15
Dems On Tax Day: The World Is Not Enough
A Review Of Recent Dem Demands For Even More Of Your Hard Earned Money SEN. CHUCK SCHUMER (D-NY): "We, the Democrats, have a reputation of, well, tax and spend, tax and spend." (Sen. Schumer, Congressional Record, S.12121, 09/26/07) Obama's Budget Demanded $1.8 Trillion In 'Sweeping Tax Increases' "As he prepares to deliver his budget on Monday, President Barack Obama is lurching to the left." ("Obama Veers Left," Politico, 1/30/15) "Obama Veers Left … It's a progressive's dre… Continue Reading
02.23.15
Another Obamacare Fumble
In Latest Obamacare Misstep, 'Nearly One Million People' Receive Incorrect Tax Info Obama Administration 'Scrambling' To Fix 'Error On Crucial Forms' "But in a twist, the agency said it is scrambling to fix an error on crucial forms that went out to roughly one in five HealthCare.gov customers…" ("Obamacare Officials Admit Blunder: 800K Got Faulty Tax Info From Federal Website," Washington Times, 2/20/15) "The administration sent incorrect tax information to 800,000 people who have… Continue Reading