Republicans are selling their tax plan on a platform of lies

There are a few places where we can already see the gap between what Republicans are claiming their tax plan will do for you and what it will really do that should tell us all we need to know: if they need to lie and misdirect that much to sell the plan, voters definitely shouldn’t be buying. Take the claim that the plan would “lower the tax rate ‘for low– and middle-income Americans’ from 39.6 percent to 35 percent so ‘people can keep more of the money they earn’” … where the “low- and middle-income Americans” in question are earning $450,000 a year. Or take the $1,182 per year tax cut for a family making the median income of $59,000 a year. The reality behind that one gets complicated fast:

Under the current law, parents may claim personal exemptions on their tax forms for themselves, their spouses and their children. The

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Government reports 261,000 new jobs created in October, wages slip

The Bureau of Labor Statistics reported the economy generated 261,000 new jobs in October. The “headline rate” of unemployment fell to 4.1 percent. Of the total, 252,000 were created in the private sector, 9,000 in the public sector. The jobs calculation was derived through analysis of the Current Employment Survey of 147,000 business establishments. The unemployment rate was calculated from the Current Population Survey of 60,000 households.

Each month, the bureau revises estimates of job growth or loss for the previous two months because it has more complete data than were available when the job numbers were first released. For September, the revision turned a loss of 33,000 jobs into a gain of 18,000; for August, the revision was from 169,000 jobs to 208,000.

The August-September decline in job creation was largely a factor of hurricane Irma and Harvey, according to the bureau. “Leisure and Hospitality,” the category that took the biggest hit in September—a loss of

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Economist: U.S. workers ‘more likely to lose than to gain from immigration restrictions’

It’s a fact that undocumented immigrants bilk the Secret Service for leased office space and take extravagant golfing vacations at the expense of taxpayer dol—oh wait, that’s someone else. What is a fact, however, is that undocumented immigrants, contrary to the lies fed by the Tweeter-in-Chief, aren’t eligible for public benefits. They also contribute an estimated $12 billion a year in local and state taxes, which means they add to a Social Security fund they’ll never be able to access. Donald Trump claims he wants to protect American workers through his neo-Nazi-endorsed “legal” immigration bill—it’s really an attempt to cut down on non-white immigration—but he should really listen to the experts, not Richard Spencer:

When the federal government banned the use of farmworkers from Mexico in 1964, California’s tomato growers did not enlist Americans to harvest the fragile crop. They replaced the lost workers with tomato-picking machines.

The Trump administration

Continue reading “Economist: U.S. workers ‘more likely to lose than to gain from immigration restrictions’”

Economist: U.S. workers ‘more likely to lose than to gain from immigration restrictions’

It’s a fact that undocumented immigrants bilk the Secret Service for leased office space and take extravagant golfing vacations at the expense of taxpayer dol—oh wait, that’s someone else. What is a fact, however, is that undocumented immigrants, contrary to the lies fed by the Tweeter-in-Chief, aren’t eligible for public benefits. They also contribute an estimated $12 billion a year in local and state taxes, which means they add to a Social Security fund they’ll never be able to access. Donald Trump claims he wants to protect American workers through his neo-Nazi-endorsed “legal” immigration bill—it’s really an attempt to cut down on non-white immigration—but he should really listen to the experts, not Richard Spencer:

When the federal government banned the use of farmworkers from Mexico in 1964, California’s tomato growers did not enlist Americans to harvest the fragile crop. They replaced the lost workers with tomato-picking machines.

The Trump administration

Continue reading “Economist: U.S. workers ‘more likely to lose than to gain from immigration restrictions’”

Economist: U.S. workers ‘more likely to lose than to gain from immigration restrictions’

It’s a fact that undocumented immigrants bilk the Secret Service for leased office space and take extravagant golfing vacations at the expense of taxpayer dol—oh wait, that’s someone else. What is a fact, however, is that undocumented immigrants, contrary to the lies fed by the Tweeter-in-Chief, aren’t eligible for public benefits. They also contribute an estimated $12 billion a year in local and state taxes, which means they add to a Social Security fund they’ll never be able to access. Donald Trump claims he wants to protect American workers through his neo-Nazi-endorsed “legal” immigration bill—it’s really an attempt to cut down on non-white immigration—but he should really listen to the experts, not Richard Spencer:

When the federal government banned the use of farmworkers from Mexico in 1964, California’s tomato growers did not enlist Americans to harvest the fragile crop. They replaced the lost workers with tomato-picking machines.

The Trump administration

Continue reading “Economist: U.S. workers ‘more likely to lose than to gain from immigration restrictions’”

Gov’t reports 209,000 new jobs created in July; jobless rate at 4.3%; Trump claims credit

The seasonally adjusted net gain of jobs in July, according to the Bureau of Labor Statistics report released Friday, was 209,000. Of those, 172,000 were created in the private sector, 37,000  in the public sector, as determined by analysis of the Current Employment Survey of 147,000 business establishments. A consensus of experts in Bloomberg’s survey of experts earlier this week had concluded there would be a gain of 178,000 new jobs in July.

Once again, which has been the case for most of the past eight years since the recovery from the Great Recession officially began, wages climbed only a smidgen. Compared with last July, they were up 9 cents an hour, a 2.5 percent year-over-year rise against an annual inflation rate of 1.6 percent. For the average worker, the wage gain has amounted to barely treading water.

As it does in every monthly report, the bureau revised its counts for the previous two months based on more complete

Continue reading “Gov’t reports 209,000 new jobs created in July; jobless rate at 4.3%; Trump claims credit”

Gov’t reports 209,000 new jobs created in July; jobless rate at 4.3%; Trump claims credit

The seasonally adjusted net gain of jobs in July, according to the Bureau of Labor Statistics report released Friday, was 209,000. Of those, 172,000 were created in the private sector, 37,000  in the public sector, as determined by analysis of the Current Employment Survey of 147,000 business establishments. A consensus of experts in Bloomberg’s survey of experts earlier this week had concluded there would be a gain of 178,000 new jobs in July.

Once again, which has been the case for most of the past eight years since the recovery from the Great Recession officially began, wages climbed only a smidgen. Compared with last July, they were up 9 cents an hour, a 2.5 percent year-over-year rise against an annual inflation rate of 1.6 percent. For the average worker, the wage gain has amounted to barely treading water.

As it does in every monthly report, the bureau revised its counts for the previous two months based on more complete

Continue reading “Gov’t reports 209,000 new jobs created in July; jobless rate at 4.3%; Trump claims credit”