Treasury Secretary Steve Mnuchin has just revealed the White House is working on a second round of tax cuts to boost economic growth, despite President Trump telling the world the U.S. is experiencing historic economic growth.
Both Republicans made their remarks at the World Economic Forum in Davos this week.
“The president has asked us to start working on what we call ‘tax 2.0,’ and that will be additional tax cuts,” Mnuchin told CNBC. “They’ll be tax cuts for the middle class, and we’ll also be looking at other incentives to stimulate economic growth.”
Meanwhile, the President told several falsehoods about the economy.
“We have the greatest economy we’ve ever had in the history of our country,” Trump told Davos attendees.
That is a lie.
“Economists previously told Business Insider that the Trump economy has provided mixed results,” Business Insider, a right-leaning news site, reported, while debunking that claim and others Trump made this week at the economic conference.
“The president has asked us to start working on what we call ‘tax 2.0,’ and that will be additional tax cuts,” Treasury Secretary Steven Mnuchin said. https://t.co/q8eEomt51i pic.twitter.com/5pHKYfFcLZ
— CNBC (@CNBC) January 23, 2020
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Trump’s ‘Save America’ PAC Raised $75 Million This Year as He Lies About the Election – Cash Pays for His Travel: Report
Donald Trump, the erroneously embittered one term former U.S. president has raised $75 million this year through his “Save America” leadership PAC by lying about the 2020 election, an election he and his supporters, surrogates, and allies falsely claim was “stolen.” The funds, collected the PAC, can be spent in a wide variety of ways, including to pay for the flailing Arizona recount, or similar efforts in other states, but according to The Washington Post Trump’s PAC has not spent a dime on those efforts.
“Instead, the Save America leadership PAC — which has few limits on how it can spend its money — has paid for some of the former president’s travel, legal costs and staff, along with other expenses, according to the people, who spoke on the condition of the anonymity to describe the group’s inner workings. The PAC has held onto much of its cash,” The Post reports.
“Even as he assiduously tracks attempts by his allies to cast doubt on the integrity of last year’s election, Trump has been uninterested in personally bankrolling the efforts, relying on an array of other entities and supporters to fund the endeavors, they said.”
Commenting on the report, MSNBC anchor Rachel Maddow mocked the former president on Twitter, saying, “So he’s, like, living off the STOP THE STEAL money?”
Trump and GOP Began Fundraising Off ‘Frivolous’ Lawsuit ‘Within Minutes’: Report
It took Donald Trump and the Republican National Committee (RNC), the National Republican Congressional Committee (NRCC), and the National Republican Senatorial Committee (NRSC) just “minutes” to begin fundraising off of what some are calling the former president’s “frivolous” lawsuits against Twitter, Facebook, and Google.
Politico’s Sam Stein posted this text from the joint Trump-RNC fundraising committee:
How you know this is a unserious lawsuit: Trump is already fundraising off of it pic.twitter.com/Njq8VqHAdB
— Sam Stein (@samstein) July 7, 2021
The New York Times’ Nick Corasaniti posted these screenshots from the Trump/RNC fundraising organization:
And there it is: Trump fundraising appeal off his lawsuit already out pic.twitter.com/4KUaokjezH
— Nick Corasaniti (@NYTnickc) July 7, 2021
“Trump’s baseless Big Tech lawsuit is all about fundraising,” the tech and culture website Mashable reports. “Keep on grifting.”
“After Trump filed federal lawsuits against Google, Twitter, and Facebook for allegedly violating the First Amendment by banning or suspending him from their platforms, the NRCC and NRSC, the fundraising arms of the House and Senate GOP respectively, each sent out text alerts,” Forbes reports. “‘IT HAPPENED,’ said the NRSC – which, along with the NRCC, has spent months hyping Trump’s plans to start his own social media site – adding, ‘Trump announced he is fighting CENSORSHIP by SUING Big Tech companies.'”
Busted: Marjorie Taylor Greene Caught Illegally Claiming a ‘Big Tax Break’ in Georgia
Local press in Georgia caught Rep. Marjorie Taylor Greene (R-GA) illegally claiming a major tax break.
“A Channel 2 Action News investigation has found that Georgia Rep. Marjorie Taylor Greene and her husband have two active homestead exemptions, which is against Georgia law. A homestead exemption is a big tax break any Georgia homeowner is entitled to for their primary residence. It is against the law to file for more than one,” WSB-TV reported Friday.
“But Channel 2 investigative reporter Justin Gray pulled records showing that the Greenes are getting the tax break on two different homes in two different counties,” the network reported.
WSB-TV had a fascinating interaction when it called the controversial Republican’s office.
“In a statement, Greene’s office told Gray to mind his own business and called it a ‘pathetic smear’ when he asked them about the homestead exemptions,” the network reported. “Greene still owns a North Fulton county home, but also bought a $610,000 house in Floyd County last year in the 14th Congressional district, which she represents.”
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