Discover and read the best of Twitter Threads about #GOPTaxScam
Most recents (24)
We are on a path to blow up not only the US economy but also the global economy for no reason other than a crisis of leadership in the @HouseGOP. It is going to take all the leadership the White House and Senate can muster to get through. Let's review how we got here:
1. First, the ONLY reason we are having this conversation is because the @GOP controls the House and there is a Democratic president. This doesn't happen in any other combination of House/White House control. (See Trump/Ryan 115th, Trump/Pelosi 116th & 117th, etc.)
2. Second, this is NOT about fiscal responsibility. You don't get to rob your local bank just because you have a big credit card bill. And 2/3rd of US debt is held by Americans. Mostly banks! Choosing not to pay our debt is choosing to rob those banks. 
Corporate tax cuts and subsidies to the largest and most profitable companies is a #GOPTaxScam
Stop wasting our tax dollars on Corporate welfare
@SenSchumer @SenWarren
#ResistanceUnited #wtpBLUE #DemCast #DemVoice1
Stop wasting our tax dollars on Corporate welfare
@SenSchumer @SenWarren
#ResistanceUnited #wtpBLUE #DemCast #DemVoice1
Big Oil sectors do not need subsidies to pad CEO Profits at the expense of the taxpayer
Big Ag/Food sectors do not need subsidies to pad CEO Profits at the expense of the taxpayer
The wonderful #PA01 #townhall held by @ashley_ehasz was a great success tonight.
But present outside was #CardboardFitz, a prop from past @FridaysWithFitz events who provided a history of #GOP #MAGAextremist Brian Fitzpatrick's worst votes!
📷 by Steve C.
Thx, Steve!
But present outside was #CardboardFitz, a prop from past @FridaysWithFitz events who provided a history of #GOP #MAGAextremist Brian Fitzpatrick's worst votes!
📷 by Steve C.
Thx, Steve!
An oldie but a goodie.
Back in 2017, #PA01 #GOP Rep. Brian Fitzpatrick voted YES on the classic #Trump, Paul Ryan and #McConnell's #GOPTaxScam, which forked benefits over to the ultra rich and corporations.
Back in 2017, #PA01 #GOP Rep. Brian Fitzpatrick voted YES on the classic #Trump, Paul Ryan and #McConnell's #GOPTaxScam, which forked benefits over to the ultra rich and corporations.
#PA01 Rep. Fitzpatrick may pretend to be #green, but whenever given the choice, he picks his donors (big banks, #fossilfuel corporations) over the #environment.
De-regulating pipelines, opening the #arctic to drilling, etc. He votes with the money, not with the environment.
De-regulating pipelines, opening the #arctic to drilling, etc. He votes with the money, not with the environment.
FUNDING TREASON
Corporate PACs have donated +$44 million directly to the campaigns and leadership PACs of the SEDITION CAUCUS.
#KochIndustries ($626,500)
#AmericanCrystalSugar ($530,000)
#HomeDepot ($525,000)
#Boeing ($488,000)
#UPS ($479,500)
#MOG
citizensforethics.org/reports-invest…
Corporate PACs have donated +$44 million directly to the campaigns and leadership PACs of the SEDITION CAUCUS.
#KochIndustries ($626,500)
#AmericanCrystalSugar ($530,000)
#HomeDepot ($525,000)
#Boeing ($488,000)
#UPS ($479,500)
#MOG
citizensforethics.org/reports-invest…
Corporate pledges to democracy abandoned
In the days after the insurrection, 250 companies suspended donations to members of the Sedition Caucus. Less than two years later, less than a third of those companies have kept their promises.
THEY HAVE RESUMED FUNDING TREASON
#MOG
In the days after the insurrection, 250 companies suspended donations to members of the Sedition Caucus. Less than two years later, less than a third of those companies have kept their promises.
THEY HAVE RESUMED FUNDING TREASON
#MOG
Republicans have come up w their “Commitment to America”.
GOP held the House, Senate & WH for TWO whole yrs while TFG was in office, why didn’t they do these things then? They had the numbers!
This is another scam by GOP
apple.news/ADDqGecQ0Sd6uY…
GOP held the House, Senate & WH for TWO whole yrs while TFG was in office, why didn’t they do these things then? They had the numbers!
This is another scam by GOP
apple.news/ADDqGecQ0Sd6uY…
Here’s my own opinion before the article starts …
Any name calling is ME, some words were abbreviated to save characters.
Any name calling is ME, some words were abbreviated to save characters.
2/FIRST We know what #Rethuglicans DID do when they were in charge tho, right?
They signed the #GOPTaxScam that PERMANENTLY changed the tax brackets to lower or eliminate corp & rich ppl taxes while the so-called “tax breaks” for citizens EXPIRE in 2025!!
They signed the #GOPTaxScam that PERMANENTLY changed the tax brackets to lower or eliminate corp & rich ppl taxes while the so-called “tax breaks” for citizens EXPIRE in 2025!!
So TFG is in deep trouble for intentional mishandling of classified documents — which BTW is exactly what he said Hillary Clinton should be ‘locked up’ for back in 2016. #Hypocrisy
#TrumpIsANationalSecurityRisk #TrumpStoleClassifiedDocuments #TrumpIsATraitor #LockHimUpNow
#TrumpIsANationalSecurityRisk #TrumpStoleClassifiedDocuments #TrumpIsATraitor #LockHimUpNow
2/during his reign of terror, he was found to have obstructed justice, extorted Ukraine by “perfect”call & held back military aid 4 a #quidproquo
He abandoned Kurds & left them to💀for oil apparently to appease #Erdogan for not allowing a dissident 2 b kidnapped off 🇺🇸 streets!
He abandoned Kurds & left them to💀for oil apparently to appease #Erdogan for not allowing a dissident 2 b kidnapped off 🇺🇸 streets!
3/he released 5000 Taliban prisoners & gifted Afghanistan to the Taliban setting womens rights back 200 yrs — all w/out consulting Afghanistan’s leaders. Set arbitrary date 4 troop withdraw that screwed over everybody in the end & allowed Taliban to take over the country.
📺 ALERT via @CitizenActionWI: SENATOR FOR SALE IN WISCONSIN
Billionaires Diane Hendricks & the Uihleins spent $20 MILLION to get RON JOHNSON reelected in 2016
The next year, he secured $80 MILLION in tax cuts just for them
RT with #SenatorForSale to spread the word 🧵 1/
Billionaires Diane Hendricks & the Uihleins spent $20 MILLION to get RON JOHNSON reelected in 2016
The next year, he secured $80 MILLION in tax cuts just for them
RT with #SenatorForSale to spread the word 🧵 1/
In 2017, Johnson held up the #GOPTaxScam until he was able to slip a special tax cut for wealthy business owners like him into the deal.
He sold it as a small business tax break. Instead, the richest 1% received nearly 60% of the benefits. #SenatorForSale
politifact.com/factchecks/202…
He sold it as a small business tax break. Instead, the richest 1% received nearly 60% of the benefits. #SenatorForSale
politifact.com/factchecks/202…
What's worse, confidential tax records obtained by @propublica reveal that "Johnson’s last-minute maneuver benefited two families more than almost any others in the country—both worth billions and both among the senator’s biggest donors." #SenatorForSale
propublica.org/article/secret…
propublica.org/article/secret…
House Republicans were happy to pass a $2 trillion #GOPTaxScam that gave handouts to big corporations and the wealthiest Americans.
But every single one of them voted against support for working families in the #AmericanRescuePlan.
But every single one of them voted against support for working families in the #AmericanRescuePlan.
The #AmericanRescuePlan delivered direct support & tax cuts for families, while helping bring unemployment claims to the lowest level since 1970.
Don't just take our word for it. Here's a GOP-chosen witness at our hearing: “this is the best jobs market I’ve seen in my lifetime.”
Don't just take our word for it. Here's a GOP-chosen witness at our hearing: “this is the best jobs market I’ve seen in my lifetime.”
Get the real facts on the #AmericanRescuePlan in our latest report. ⤵
budget.house.gov/publications/r…
budget.house.gov/publications/r…
Under Trump, America lost 154,000 manufacturing jobs.
Under Biden, America has already gained 545,000 manufacturing jobs.
Under Biden, America has already gained 545,000 manufacturing jobs.
Under Trump, America lost 3 million #jobs while $8 trillion was added to the #debt.
He mortgaged our future and still had the worst jobs record since the Great Depression.
He mortgaged our future and still had the worst jobs record since the Great Depression.
Under Trump, America botched its #COVID19 response, putting us on the fast track to 1,000,000 dead.
Meanwhile, the economy collapsed: GDP declined 3.5% in 2020, the biggest drop since 1947.
2020 was the worst year for jobs since WWII.
thedailyedge.substack.com/p/worst-year-e…
Meanwhile, the economy collapsed: GDP declined 3.5% in 2020, the biggest drop since 1947.
2020 was the worst year for jobs since WWII.
thedailyedge.substack.com/p/worst-year-e…
@dmesg @Mikethejohnson @jejones3141 @antoniogm Link and a thread... the link: fb.watch/82_0bdJxTZ/
The thread:
This is a significant illustration of how money REALLY works. In the video it says that the Pullman Porters lifted their own standard of living and that of their community. But how? 1/
The thread:
This is a significant illustration of how money REALLY works. In the video it says that the Pullman Porters lifted their own standard of living and that of their community. But how? 1/
@dmesg @Mikethejohnson @jejones3141 @antoniogm They spent money in their community, buying goods and contracting services. In order to meet their needs, more people had to hired, and more inventory had to be created. Those new hires bought goods and contracted for services, creating MORE jobs and MORE inventory, 2/
@dmesg @Mikethejohnson @jejones3141 @antoniogm and MORE WEALTH IN THE COMMUNITY. This money was passed through many sets of hands on its inevitable way to the pockets of the wealthy and the businesses they owned.
That's what happens when a society decides deliberately to put money in the hands of folks 3/
That's what happens when a society decides deliberately to put money in the hands of folks 3/
1/11 Thank you @GovNedLamont for fighting to correct this double taxation of State and Local Taxes (SALT) that was punitively imposed by the GOP on “Blue” States in a $1.2 Trillion #GOPTaxScam
Here’s why voters in both parties and every State should care.
officeofthegovernor.cmail20.com/t/ViewEmail/j/…
Here’s why voters in both parties and every State should care.
officeofthegovernor.cmail20.com/t/ViewEmail/j/…
2/11 As the Governors’ letter mentions, President Abraham Lincoln was clear about double taxation when he introduced the Revenue Act of 1862.
Sen Daniel Patrick Moynihan eloquently references this fact in his 1986 speech to President Reagan about this very issue.
Sen Daniel Patrick Moynihan eloquently references this fact in his 1986 speech to President Reagan about this very issue.
3/11 Senator Moynihan successfully argued that elimination of SALT-deductions constitutes “double taxation” and breeches the contract established by President Lincoln in 1862.
assets.documentcloud.org/documents/4325…
assets.documentcloud.org/documents/4325…
THREAD:
Trump’s complete failure with #COVID19 turned what could have been a mild recession into a full blown economic crash—one that we may not fully recover from for many years.
How badly has @realDonaldTrump failed on the economy? (1/12)
Trump’s complete failure with #COVID19 turned what could have been a mild recession into a full blown economic crash—one that we may not fully recover from for many years.
How badly has @realDonaldTrump failed on the economy? (1/12)
The economy was weak heading into 2020 because of the failure of the #GOPTaxScam. Trump claimed his tax cuts for corporations and the already-rich would “skyrocket” the economy & deliver 5-6% GDP growth.
Reality: 2020 began with economists predicting growth of just 1.8%. (2/12)
Reality: 2020 began with economists predicting growth of just 1.8%. (2/12)
Growing consumer debt was also slowing the economy’s potential heading into 2020. As Wall Street Journal reported: “consumer debt, not counting mortgages, has climbed to $4 trillion—higher than it has ever been even after adjusting for inflation.” (3/12)
thedailyedge.substack.com/p/the-economy-…
thedailyedge.substack.com/p/the-economy-…
THREAD:
Trump’s complete failure with #COVID19 turned what could have been a mild recession into a full blown economic crash—one that we may not fully recover from for many years.
How badly has @realDonaldTrump failed on the economy? (1/12)
Trump’s complete failure with #COVID19 turned what could have been a mild recession into a full blown economic crash—one that we may not fully recover from for many years.
How badly has @realDonaldTrump failed on the economy? (1/12)
The economy was weak heading into 2020 because of the failure of the #GOPTaxScam. Trump claimed his tax cuts for corporations and the already-rich would “skyrocket” the economy & deliver 5-6% GDP growth.
Reality: 2020 began with economists predicting growth of just 1.8%. (2/12)
Reality: 2020 began with economists predicting growth of just 1.8%. (2/12)
Growing consumer debt was also slowing the economy’s potential heading into 2020. As The Wall Street Journal reported: “consumer debt, not counting mortgages, has climbed to $4 trillion—higher than it has ever been even after adjusting for inflation.” (3/12)
When CPA @RepBrianFitz was in 2017's #GOP-run House, their tax overhaul package totally erased even the meagre $250 tax credit for teacher out-of-pocket classroom expenses.
It eventually got restored by the time the sausage was made in the #GOPTaxScam.
#BriansSausage #PA01
It eventually got restored by the time the sausage was made in the #GOPTaxScam.
#BriansSausage #PA01
This was the GOP House version of the #GOPTaxScam that #PA01's @RepBrianFitz voted "YES" to, before changes were made in the Senate.
nytimes.com/interactive/20…
nytimes.com/interactive/20…
Biden’s tax plan isn’t socialism. It just undoes the GOP’s indefensible giveaways.
washingtonpost.com/opinions/biden…
washingtonpost.com/opinions/biden…
Joe Biden has been pretty clear about where taxes on upper-income Americans and corporations are headed if he’s elected: up. Highlights of his plan include an increase in the top marginal rate, and a limit on deductions for those earning more than $400,000 per year;
an end to the favorable “step-up” treatment of inherited financial assets; an increase in the top corporate tax rate from 21 to 28 percent, with a minimum of 15 percent for large companies; and imposing Social Security taxes on wage income above $400,000.
While the majority of Americans are suffering, can't put food on the table, pay their bills & suffering economic hardship...American billionaires got $434 billion richer during the pandemic!
RUZuck, Bezos & Musk just got richer!
cnbc.com/2020/05/21/ame…
RUZuck, Bezos & Musk just got richer!
cnbc.com/2020/05/21/ame…
U.S. billionaires saw their fortunes soar by $434 billion during the nation’s lockdown between mid-March and mid-May, according to a new report.
Amazon’s Jeff Bezos and Facebook’s Mark Zuckerberg had the biggest gains.
Amazon’s Jeff Bezos and Facebook’s Mark Zuckerberg had the biggest gains.
Bezos added $34.6 billion to his wealth and Zuckerberg picked up $25 billion.
Folks need to quit blaming poor people, Black people, women & immigrants for their lack thereof...
#GOPTaxScam is working for them too! Less taxes to pay on the billions they've earned!
Folks need to quit blaming poor people, Black people, women & immigrants for their lack thereof...
#GOPTaxScam is working for them too! Less taxes to pay on the billions they've earned!
In plain language, here’s why every single Dem shot down the $1.8 TRILLION Taxpayer funded NON-BIPARTISAN GOP Senate #COVID19 bill 2x in which McConnell chose not to consult with one Dem & are currently vilifying them for…
Grab a coffee & please read…
documentcloud.org/documents/6815…
Grab a coffee & please read…
documentcloud.org/documents/6815…
McConnell’s GOP bill includes a $500,000,000,000.00 corporate slush fund to do as Trump & the GOP please, at will, w/Zero transparency, for CEOs & the ultra rich, incl Trump businesses.
Sum total = ZERO for American citizens, workers & families/children
#MoscowMitchSlushFund
Sum total = ZERO for American citizens, workers & families/children
#MoscowMitchSlushFund
McConnell’s GOP bill has weak Corp stock buyback language that can be waived by Treasury Secretary:
—Executive compensation limits only last 2 years
—Language on worker retention is weak, incl easy outs for corps—can fire at will
—Zero assurances/any proof US workers will benefit
—Executive compensation limits only last 2 years
—Language on worker retention is weak, incl easy outs for corps—can fire at will
—Zero assurances/any proof US workers will benefit
Hi #PA01!
Did you know that @RepBrianFitz moved into fancy new office space? @PA_Indivisible & @IndivisibleBUX decided to give him a welcome present.
The theme? We took a look at the folks our #GOP MoC has been spending time with.
HINT: he's NOT #bipartisan
#lyinBrian
Did you know that @RepBrianFitz moved into fancy new office space? @PA_Indivisible & @IndivisibleBUX decided to give him a welcome present.
The theme? We took a look at the folks our #GOP MoC has been spending time with.
HINT: he's NOT #bipartisan
#lyinBrian
Here's the full display at @RepBrianFitz's swanky new digs in #PA01.
But let's take a closer look at some of the #GOP folks who #LyinBrian spends his time with.
But let's take a closer look at some of the #GOP folks who #LyinBrian spends his time with.
Oh look!
It's @RepBrianFitz of #PA01 with #Pennsylvania's least favorite Senator @SenToomey.
Fitz and #Patsy must get along because they are both #Trump enablers who turned a blind eye to impeachable offenses.
It's @RepBrianFitz of #PA01 with #Pennsylvania's least favorite Senator @SenToomey.
Fitz and #Patsy must get along because they are both #Trump enablers who turned a blind eye to impeachable offenses.
The #TrumpBudget is replete with dangerous proposals that leave working families to fend for themselves in a changing and uncertain economy. It makes the President’s priorities clear: the wealthiest Americans come first ahead of working Americans. bit.ly/2HaXWkH
The #TrumpBudget is a manifestation of #TrumpBrokenPromises to improve health care, safeguard Medicare, & eliminate the debt. POTUS cuts Medicare, Medicaid, CHIP, nutrition assistance, student loan assistance, & other priorities to offset the deficits caused by the #GOPTaxScam.
POTUS & GOP allies promised that their tax cuts for the wealthiest would pay for themselves & not cause higher deficits because the benefits directed toward the wealthy would eventually trickle down to workers & boost economic activity. This #TrumpBudget makes no mention of them.
THREAD: #SOTU is tonight. We're anticipating a lot of false information on taxes and how the economy is doing, as @realdonaldtrump has done every year (1/11)
LIE 1: When Trump was at #WEF in Davos, he boasted of an outlandish and completely false American economy and lied about how no one is benefiting more than the middle class (2/11) commondreams.org/views/2020/01/…
FACT 1: In reality, low- and middle-income folks are hurting the most. Republicans who voted for the #GOPTaxScam are benefiting from this terrible law because they gave themselves tax breaks by helping companies they were already invested in (3/11) publicintegrity.org/inequality-pov…
If you have not watched the movie The Laundromat on Netflix, you need to. It's about the Panama Papers, the biggest data leak, 11.5 million documents, from the 4th largest offshore law firm in 2016.
Thread.
Thread.
2018 film that inspired The Laundromat
Original story breaking the leak.
"Over a year ago, an anonymous source contacted the Süddeutsche Zeitung (SZ) and submitted encrypted internal documents from Mossack Fonseca, a Panamanian law firm that sells anonymous offshore companies around the world"
panamapapers.sueddeutsche.de/articles/56feb…
"Over a year ago, an anonymous source contacted the Süddeutsche Zeitung (SZ) and submitted encrypted internal documents from Mossack Fonseca, a Panamanian law firm that sells anonymous offshore companies around the world"
panamapapers.sueddeutsche.de/articles/56feb…
It’s time we break down the myth (promoted by Trump) and reality behind GOP tax cuts, which became law almost two years ago today. As Vice Chair @RepMaloney noted, “Americans would be right to feel cheated” by the tax law. This thread shows why. (1/7) jec.senate.gov/public/index.c…
TRUMP MYTH: Tax cuts would boost GDP growth to as high as 6% annually.
REALITY: In the seven quarters since the tax cuts became law, GDP growth has been the same as in the seven prior quarters—roughly 2.5%. #2YearsOfTCJA (2/7)
REALITY: In the seven quarters since the tax cuts became law, GDP growth has been the same as in the seven prior quarters—roughly 2.5%. #2YearsOfTCJA (2/7)
TRUMP MYTH: Tax cuts would spur massive growth in business investment.
REALITY: Business investment has decelerated since the tax cuts became law, even contracting in the past two quarters. #GOPTaxScam (3/7)
REALITY: Business investment has decelerated since the tax cuts became law, even contracting in the past two quarters. #GOPTaxScam (3/7)
Maybe there's a billionaire not running for President who could create some ads showing the devastation Trump is causing. Separate ads could feature:
- A farmer bankrupted by #TrumpTariffs
- A family devastated by #StochasticTerrorism
- A child whose family lost #FoodStamps (1/5)
- A farmer bankrupted by #TrumpTariffs
- A family devastated by #StochasticTerrorism
- A child whose family lost #FoodStamps (1/5)
- A senior whose #SocialSecurity disability benefits have been cut
- A #Kentucky coal miner whose mine shut down
- A parent who lost his job after his company used the #GOPTaxScam to buy back stock
- A #MinimumWage worker falling deeper into debt despite working 2-3 jobs (2/5)
- A #Kentucky coal miner whose mine shut down
- A parent who lost his job after his company used the #GOPTaxScam to buy back stock
- A #MinimumWage worker falling deeper into debt despite working 2-3 jobs (2/5)
- Residents in one of the communities like Key West, FL being devastated by #ClimateChange
- A family hit with a medical emergency who have to resort to #GoFundMe for to pay bills
- A synagogue targeted by the #AntiSemitism Trump has unleashed (3/5)
- A family hit with a medical emergency who have to resort to #GoFundMe for to pay bills
- A synagogue targeted by the #AntiSemitism Trump has unleashed (3/5)
Welcome to the #Pennsylvania Member of Congress Tracking Report for the week ending 11/24/19.
This is where you'll find all the votes and quotes from our 18 House members as well as @SenBobCasey and @SenToomey.
#MoCTrack 1/19
demcastusa.com/2019/11/24/pen…
This is where you'll find all the votes and quotes from our 18 House members as well as @SenBobCasey and @SenToomey.
#MoCTrack 1/19
demcastusa.com/2019/11/24/pen…
@SenBobCasey @SenToomey The folks at @538Politics have you covered if you want to assess what percentage of the time your MoC votes along with the Trump Administration’s agenda.
And we collect all of that for our 20 PA MoCs all in one place for you.
#MoCTrack 2/19
bit.ly/37xVxN1
And we collect all of that for our 20 PA MoCs all in one place for you.
#MoCTrack 2/19
bit.ly/37xVxN1
@SenBobCasey @SenToomey @538politics We averted a #Shutdown this week, but did so by having Congress pass a continuing resolution, aka "kicking the can down the road until the week before Christmas"
...when MoCs always make great decisions, right? (cough, #GOPTaxScam)
#MoCTrack 3/19
washingtonpost.com/us-policy/2019…
...when MoCs always make great decisions, right? (cough, #GOPTaxScam)
#MoCTrack 3/19
washingtonpost.com/us-policy/2019…
