Millennials Stand to Win Big From Republican Tax Reform Plans

Millennials recently overtook Baby Boomers as America’s largest living generation. They are the largest share of the American workforce. Their median wages, after adjusting for inflation, have at best been stagnant, and at worst fallen, since the Great Recession. And according to a recent Pew Research analysis, they represent the largest group of households living…
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The Individual Mandate is a Tax on the Working Class. Get Rid of It

“Here’s the concern. If you haven’t made it affordable, how are you going to enforce a mandate. If a mandate was a solution, we could try that to solve homelessness by mandating everybody buy a house. The reason they don’t have a house is that they don’t have the money.” – Barack Obama in 2008.…
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House Republicans Achieve Historic Tax Reform Victory

House Republicans achieved a historic legislative victory on Thursday, passing a sweeping tax-reform package that will create jobs, increase paychecks and make the tax code simpler. The pro-growth tax reform package sailed through the House by a vote of 227-205. No Democrats voted for the bill, while a mere 13 Republicans—all from states with high…
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Republicans Take Two Big Steps Toward Tax Reform

Republicans took two enormous steps toward passing fundamental tax reform this week, further paving the way for historic reductions in corporate and individual tax rates. In the House, the Tax Cuts and Jobs Act passed through the Ways and Means Committee after four days of debate and discussion. The markup brought some significant changes to…
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A Tax Reform Plan Purpose-Built for Economic Growth

House Republicans have unveiled their long-anticipated tax reform and reduction bill, and it was worth the wait. The bill is stuffed with commonsense changes designed to lower income tax rates by sweeping out economy-distorting deductions, credits and loopholes that has slowly eroded the tax code over the last decades. Overall, the 429-page bill, dubbed the…
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Republicans Take Important First Step Toward Tax Reform

Republicans’ push for fundamental tax reform moved one step closer to reality last week with the Senate’s passage of the budget resolution. By passing the budget measure, Republicans have created a vehicle that enables them to use a procedure called “reconciliation” to pass tax reform. The budget resolution provided reconciliation instructions to the Senate Finance…
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Democrats Resort to Same Tired Anti-Tax Reform Tactics

Congressional Democrats plotted their political approach to stop the GOP’s tax reform efforts well before Republicans had conceived, much less introduced, their plan. In Democrats eyes the actual policy choices contained in the plan, and the reasoning behind them, wouldn’t matter. What matters is selling Americans on one simple, politically resonant theme: That Republicans’ plan…
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GOP’s Tax Framework An Across-the-Board Win for America

President Trump and Republican Congressional leaders have released their plan for the most sweeping tax reform in decades. “This is a once-in-a-generation opportunity,” President Trump said in a speech after the tax reform framework was released. “I’ve been waiting for this for a long time. We’re going to cut taxes for the middle class, make…
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Want to Know the Power of Tax Reform? Look to Michigan

Republicans just released the framework of their tax reform proposal, the centerpiece of their legislative agenda and the last-best hope for pro-growth tax reform. “Too many people are struggling in America today. They pay too much in taxes. They feel stuck. They feel anxious. They are living paycheck to paycheck,” Speaker Paul Ryan said on…
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Liberals Groups Are Already Warning Democrats Not to Work With Republicans on Tax Reform

A lot has changed in the thirty one years since the last tax reform bill was passed through Congress. Mail went from stuffed mailboxes to electronic inboxes, cell phones went from brick sized rarities to pocket-sized computers, and social media went from water cooler talks to Facebook posts. But perhaps the biggest change is political…
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