Trump Tax Plan Would Save His Children Billions in Taxes

Third Way, a bipartisan think tank in DC, reports that Donald Trump's tax plan, by eliminating the estate tax, would save his children billions of dollars in inheritance after he dies. They estimate a $7.1 billion gift, but that's based on his exaggerated $10 billion claim of net worth. … [Read more...]

The Mystery of Trump’s Alleged Tax Plain

Steven Moore, a conservative economist and adviser to Donald Trump, says that all of the analyses about Trump's tax plan are irrelevant because he hasn't even finished putting together a tax plan at all, so they can't possibly have any idea what it will do. … [Read more...]

Trump Adviser Gives Empty Defense of Tax Plans

One analysis after another has found that Donald Trump's proposed tax plans would explode the deficit and decrease economic growth, including a recent one from Moody's, which sets the debt ratings for countries. But one of his advisers made an empty and absurd defense of those plans. … [Read more...]

House GOP Trying to Block Pentagon Action on Climate Change

The House Republicans are once again showing themselves to be the party of stupid by putting an amendment into this year's defense spending authorization bill that would block funding for the Pentagon's plan to prepare for the challenges that global warming will bring to the military. … [Read more...]

Trump’s Ridiculous Claim on Cost of Refugee Resettlement

There's exaggeration, there's hyperbole, and then there's the shit Donald Trump says. During his speech going after Hillary Clinton on Wednesday he bizarrely claimed that she wants to spend "hundreds of billions of dollars" to resettle Syrian refugees in the United States. The real number: A little over one billion. … [Read more...]

Trump’s Dangerous Ideas on Federal Debt

Here's a perfect example of why the idea that the government should be run like a business is nonsense. Donald Trump is used to being able to get out from under massive amounts of debt by declaring bankruptcy or by negotiating lower repayments. But now he wants to do the latter with the federal debt: … [Read more...]

Trump Flips on Debt Payoff, Lies About It

A couple weeks ago Donald Trump came out with the utterly ludicrous claim that he would pay off the entire $19 trillion national debt in eight years in office. He was universally laughed at. Now he has flipped his position completely, saying he could pay off "a percentage" of it, without specifics, and that he never claimed he could pay it all off. … [Read more...]

Trump ‘Explains’ How He’d Eliminate Debt in 8 years

Donald Trump's ludicrous claim that he would eliminate $19 trillion in debt in only eight years while simultaneously cutting revenue by $1 trillion a year has provoked much well-deserved pointing and laughing. But on a radio show this weekend he "explained" how he could do it and that it's "so easy" to do. … [Read more...]

More on Trump’s Fantasy of Eliminating Debt in Eight Years

Donald Trump's ludicrous claim that he can eliminate the debt in eight years while cutting taxes is provoking a good deal of laughter among policy wonks and people with IQs higher than a pot roast. Jim Tankersley and Jeff Guo of the Washington Post's WonkBlog crunch some numbers that show that it's even more asinine in detail than it is at first blush. … [Read more...]

Trump Makes Patently Ridiculous Promise on Debt

Donald Trump has made all manner of ridiculous claims about the magic he will do to magically make every bad thing in America disappear if elected, but this is easily the most absurd one of all. In an interview with the Washington Post, he says he'll pay off the entire national debt in eight years. … [Read more...]

Trump Endorses Higher Taxes

In a rather strange turn of events, Donald Trump, who has called for massive tax cuts that would explode the federal deficit, criticized Wisconsin Gov. Scott Walker for not raising taxes to close a big deficit in that state, cutting funding for education and many other things instead. … [Read more...]

AL Republicans: No Cars for You!

Republicans in Alabama have a brilliant idea. They want to keep those lazy welfare recipients from just lounging around eating lobster and caviar with their copious food stamps. Get a job, they tell them! And to help them do that, they're going to make sure they can't own a car. … [Read more...]


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