Power of Story Send a Tweet        
- Advertisement -
Best Web OpEds

The Insanity that is "GOP Style Tax Reform"

Quicklink Submitted By   Follow Me on Twitter     Message Hugh Campbell     Permalink

Related Topic(s): ; ; ; ; ; ; ; , Add Tags  

Must Read 2   Well Said 2   Valuable 2  
View Ratings | Rate It

opednews.com Headlined to H3 4/26/17

Author 39565

China announced targeted reductions in VAT rates for select products, increased tax breaks to small and medium-sized businesses with annual income of 500,000 yuan, incentives to boost tech and R&D, and deductions of 2,400 yuan from taxable income for citizens purchasing their own health insurance.

This targeted approach to tax cuts is in stark contrast to the same old “GOP Style Tax Reform” currently being proposed by our Congressional leadership.

(Image by Seven Quotes)
  Permission   Details   DMCA

 “GOP Style Tax Reform” is top-down, based on the ideology of trickle-down economics, with the lion share of tax cuts going to corporation across-the-board and the top percenters; with no attempt to incentivize, on a targeted bases, those industries with highest job creating multiples, like manufacturing.

Insanity: doing the same thing over and over again and expecting different results. – Albert Einstein
Read the rest of the story HERE:

At www.cnbc.com


- Advertisement -

Must Read 2   Well Said 2   Valuable 2  
View Ratings | Rate It


A seasoned financial professional, currently providing subject matter expertise on a variety of regulatory topics, including the Dodd-Frank Act, the Foreign Account Tax Compliance Act (FATCA) and overall compliance monitoring. He has previously held (more...)

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -