Tag: tax cuts

UK PM Contender Truss’s Tax Cuts Is ‘Electoral Suicide’: Raab

Dominic Raab, Britain’s deputy Prime Minister and Justice Secretary has lambasted the economic policies of Liz Truss, the front runner in the campaign to become Britain’s next Prime Minister  as “an electoral suicide note.” Dominic Raab, a Brexit supporter, was one of the few top politicians to stay in the cabinet after Prime Minister Boris…


UK PM Contender Truss’s Tax Cuts Are ‘Electoral Suicide’: Raab

Dominic Raab, Britain’s deputy prime minister and justice secretary, has lambasted the economic policies of Liz Truss, the front runner in the campaign to become Britain’s next prime minister as “an electoral suicide note.” Raab, a Brexit supporter, was one of the few top politicians to stay in the cabinet after Prime Minister Boris Johnson…


Greens Party Calls for Government to Scupper Next Round of Tax Cuts

The left-wing Australian Greens is set a possible confrontation with the Labor government after its leader Adam Bandt signalled the party would attempt to scuttle a slated third tranche of tax cuts to families. In an address to the National Press Club on Aug. 3, Bandt claimed a further round of tax cuts would be…


A Budget That Voters Want? We’ll Find Out

The most striking feature of Tuesday’s 2022-23 federal budget is how well the Australian economy is performing. Whereas two years ago we were facing a catastrophe, the outlook now is rosy and enviable. We have passed out of the pandemic storm into calm waters very quickly. The unemployment rate is heading below four percent—its lowest…


Why Cutting Fuel Excise Isn’t the Best Option to Ease Cost of Living in Australia

As surging petrol prices eat into household budgets, politicians have been trying to demonstrate their empathy with ordinary Australians with Federal Treasurer Josh Frydenberg signalling that this month’s budget will contain targeted assistance to ease the cost of living pressures. What this means is not clear. However, one widely discussed possibility is a cut in…


The Proof Is in the Pudding: IRS Data Show Trump’s Tax Cuts Benefited Middle- and Lower-Income Earners More Than the Wealthy

Commentary Four years after President Donald Trump and congressional Republicans passed the Tax Cuts and Jobs Act (TCJA) into law, IRS data prove the historic legislation benefited those in the working- and middle-classes more than the wealthy. Of course, this fact belies the left’s relentless lies about TCJA being a massive tax cut for the…


State Legislators Blast Federal Overreach, Calling It Biggest Threat

The pandemic exacerbated the trend of growing federal power, and Republican state legislators are concerned about it. New mask guidance has spurred a backlash from local leaders who are now anxious about the possibility of further restrictions, including a vaccine mandate and new lockdowns. In addition, a number of states are fighting against federal restrictions included in the COVID…