Tag: Cuts

Pelosi Inflates Tax Cuts

Democratic House leader Nancy Pelosi claimed that the new tax law will provide “at least a $ 1.3 trillion tax break for corporations.” That’s misleading. It’s true that the nonpartisan Joint Committee on Taxation estimates that cutting the top corporate…

Trump Exaggerates ‘Small Business’ Tax Cuts

President Donald Trump exaggerates when he describes a reduction in the top marginal rate for pass-through business income as a boost to small businesses and truckers. The president claimed that “more than 30 million” small-business owners would get “a 40…

Kasich’s Post-Cold War Defense Cuts

A pro-Jeb Bush super PAC says John Kasich “voted with Nancy Pelosi to cut troop levels and military funding.” That’s true. But those votes in the early to mid-1990s came at a time in U.S. history — post Cold War…