SHOULD THE UPPER MIDDLE CLASS TAKE THE BIGGEST TAX HIT

IF THE HOUSE BILL BECOMES LAW, OVERALL BENEFITS FOR THE UPPER MIDDLE CLASS WILL START OUT SMALL, AND LATER VANISH ALMOST ENTIRELY.

THE AMERICAN UPPER MIDDLE CLASS KNOW HOW TO TAKE CARE OF THEMSELVES, REEVES SAID DURING A PRESENTATION AT THE CITY UNIVERSITY OF NEW YORK LAST WEEK.

All that money, along with the upper middle class's political power, buys some huge advantages, Reeves said.
But beyond these few exceptions, much of the upper middle class will still take it on the chin.
"It's hard to argue the upper middle class is not currently paying its fair share," he said.

Humans learn the concept of fairness at a very young age. After all, it doesn’t take long for a child to start whining about a sibling who gets an extra serving of ice cream. As the Republican-controlled Congress tries to...

THIS IS AN AGGREGATED SUMMARY. READ THE FULL ARTICLE

Article ID: 204212 Date: 21st November, 2017 Social Shares: 1570
Meta: Complete Last Checked: Never

Social Shares:

  • 1097 shares when found, 21st November, 2017.
  • 1116 shares 0 d, 03 hrs later.
  • 1131 shares 0 d, 05 hrs later.
  • 1141 shares 0 d, 08 hrs later.
  • 1178 shares 0 d, 11 hrs later.
  • 1211 shares 0 d, 13 hrs later.
  • 1216 shares 0 d, 17 hrs later.
  • 1229 shares 0 d, 21 hrs later.
  • 1243 shares 1 d, 02 hrs later.
  • 1570 shares 8 d, 15 hrs later, 30th November, 2017.
  • Facebook (1362)
  • Twitter (124)
  • LinkedIn (82)

REPUBLICANS DUCK PRESIDENT IN KEY HOUSE RACES


Fostering enthusiasm among disaffected Republicans without alienating Trump loyalists is a tall order, says Christine Matthews, a pollster advising Republican candidates... READ MORE

6th October, 2018 825

PAUL RYAN SLAMMED OVER TWEET PRAISING TAX CUT FOR $1.50 PAY RISE


Wells Fargo, fresh off of defrauding millions of Americans, gets 3.4 billion, retorted Minnesota congressman Keith Ellison... READ MORE

4th February, 2018 5

SENATE APPROVES MAJOR TAX CUTS IN VICTORY FOR TRUMP


U.S. Senate Majority Leader Mitch McConnell R-KY leaves the Senate floor during debate over the Republican tax reform plan in Washington, U.S., December 1, 2017... READ MORE

2nd December, 2017 15426

SENATE APPROVES MAJOR TAX CUTS IN VICTORY FOR TRUMP


U.S. Senate Majority Leader Mitch McConnell R-KY leaves the Senate floor during debate over the Republican tax reform plan in Washington, U.S., December 1, 2017... READ MORE

2nd December, 2017 14016

HOUSE GIVES FINAL APPROVAL TO TAX BILL, DELIVERING VICTORY TO TRUMP


President Trump celebrates with Congressional Republican on the South Lawn of the White House... READ MORE

20th December, 2017 10836

HOUSE GIVES FINAL APPROVAL TO TAX BILL, DELIVERING VICTORY TO TRUMP


President Trump celebrates with Congressional Republican on the South Lawn of the White House... READ MORE

20th December, 2017 7362

REPUBLICANS VOTED TO HAND TAX CUTS TO AMERICA'S BILLIONAIRES IN THE MIDDLE OF THE NIGHT


Republicans voted to hand tax cuts to America's billionaires in the middle of the night... READ MORE

2nd December, 2017 7000

DONALD TRUMP SIGNS TAX CUTS ACT INTO LAW


Under the legislation, income tax rates will be reduced across all seven individual tax brackets... READ MORE

22nd December, 2017 1613

TRUMP, REPUBLICANS CLOSE IN ON LEGISLATIVE WIN WITH TAX OVERHAUL BILL'S APPROVAL IN SENATE


U.S. Senate approves major tax cuts in legislative win for Trump... READ MORE

2nd December, 2017 1194

DISCORD AMONG REPUBLICANS ALREADY WEIGHS ON TRUMP'S TAX PLAN


That tax affects only about 0.2 percent of estates, according to the Tax Policy Center, a Washington think tank... READ MORE

6th October, 2017 906

THE MIDDLE CLASS MIGHT NOT EVEN NOTICE IF THE GOP CUTS THEIR TAXES


Virtually nobody believed they got a tax cut, said Jared Bernstein, an economist who worked in former President Barack Obama's White House... READ MORE

11th December, 2017 782

U.S. CONGRESS POISED TO APPROVE BIGGEST TAX OVERHAUL IN 30 YEARS


Senate Majority leader Mitch McConnell said his chamber would vote on Tuesday evening... READ MORE

19th December, 2017 737

RENTING WOULD BEAT OWNING UNDER HOUSE TAX PROPOSAL REALTORS SAY


..... READ MORE

11th November, 2017 736

CONGRESS APPROVES SWEEPING $1.5 TRILLION TAX BILL IN A WIN FOR DONALD TRUMP


The Republican-controlled US House of Representatives gave final approval on Wednesday to the biggest overhaul of the US tax code in 30 years... READ MORE

20th December, 2017 450

BOEHNER TOUTS BILLS TO REPEAL OBAMACARE, BUILD KEYSTONE


Boehner touts bills to repeal obamacare build keystone... READ MORE

7th November, 2014 439

HOUSE WON'T ACCEPT REPEAL OF LOCAL TAX BREAK, BRADY SAYS


That provision will almost certainly meet resistance from Republican House members in high-tax states such as New York, New Jersey and California... READ MORE

13th November, 2017 350

3 PROVISIONS OF BILL DID NOT COMPLY WITH SENATE RULES, REQUIRES ANOTHER VOTE IN HOUSE WEDNESDAY


Despite last-minute snag, U.S. tax overhaul passes Senate, heads back to House... READ MORE

20th December, 2017 264

GOP LEADERS CONSIDER CHANGING STATE AND LOCAL TAX DEDUCTION INSTEAD OF ENDING IT


Republican leaders are considering putting limits on the 1.3 trillion state and local tax deduction... READ MORE

3rd October, 2017 262

MEET SAIRA BLAIR, THE 18-YEAR-OLD REPUBLICAN WHO WON HER SEAT IN A LANDSLIDE


Compared with the Democratic Party's northern and coastal strongholds, West Virginians have always been whiter and more socially conservative... READ MORE

6th November, 2014 245

US DEMOCRATS PICK TOM PEREZ TO LEAD PARTY


That is what the Democratic Party has always been about and that is what we will continue to be about, Mr Perez told party delegates... READ MORE

26th February, 2017 227


IMPORTANT TERMS OF USE & DISCLAIMER INFORMATION:

Daily Digital News provides public access to an archive of historical news articles from many popular news sources. Daily Digital News provides keyword searchable summaries, and links, to news articles that were originally publically accessible, and all news articles presented on dailydigitalnews.com were initially freely available to the general public. Daily Digital News does not claim any copyright ownership of the aggregated content on this website. Aggregated news content as well as photographs or images presented on dailydigitalnews.com may be subject to copyright, and the use made here is consistent with the principles of limited use for research and education. Daily Digital News takes advantage of unique web-crawling technologies and algorithms. This includes the use of Watson Natural Language Understanding and TextRazor (www.textrazor.com) as well as other open source technologies. Daily Digital News operates this website on a not for profit basis. No income, revenue, remuneration, or profit of any kind has been made as a result of providing this website to the public. Use of this website is at the user's own discretion. Daily Digital News exercises no control over the use made of this website and accepts no liability to users or resources in relation to the contents of, or use of, or otherwise in connection with this website. Full Terms & Conditions