Tag: tax cuts

Trump Tax Cuts At Risk: Democrats Conspire to Repeal While Record Low Unemployment Surges

Julie Carr
Steve Gill

Tennessee Star Political Editor Steve Gill discussed on Monday’s edition of The Gill Report – broadcast on Knoxville’s 92.3 FM WETR – how Democrats are conspiring to repeal the Trump tax cuts while record low unemployment among Hispanic and African-Americans surge and the federal government rakes in a record amount of individual tax revenue for 2018. “You know we’ve been hearing from the left ever since the Trump tax cuts were passed by the Republican House and Senate with no help at all from the Democrats,” Gill began.  “Democrats – including Democrats like Phil Bredesen who is running for the US Senate – declaring that they were mere crumbs; that they would only help the wealthy and that most Americans wouldn’t see the benefits.” He added: Now keep in mind that the tax cuts for most Americans haven’t gone into effect yet. They haven’t even gone into effect, because they will go fully into effect next year. The tax cuts have been cut for the income earned this year but the benefits the tax payers will see is when they file their tax returns next April 15th. And yet your already seeing companies give bigger bonuses your seeing pay raises you’re…

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Hardly ‘Crumbs’: Cookie Maker Hires Five Workers, Raises Pay, Expands Production Under Tax Cuts

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Joseph Semprevivo

by Rachel del Guidice   The overhaul of the tax code by congressional Republicans didn’t produce just crumbs for the business of a popular cookie maker based in Florida. The Tax Cuts and Jobs Act has meant hiring, raises, investment in new equipment, and expanded operations, he says. “It has had a direct impact on us,” Joseph Semprevivo, founder, CEO, and president of Joseph’s Lite Cookies, told The Daily Signal in a phone interview. (pictured, above) “We have added five more positions, we’ve expanded our factory, exclusively for … the sugar-free pancake syrup [and] we are launching into another business, a honey business,” Semprevivo said. [ The liberal Left continue to push their radical agenda against American values. The good news is there is a solution. Find out more ] He said the new syrup, branded Joseph’s Sugarfree Pancake Syrup, also is gluten free and approved by weight-loss businesses and groups such as Weight Watchers. “Since the tax cut, though, we were able to invest more money into promoting the [syrup] brand, expanding the brand, and so we decided to increase productivity and move it closer to our corporate offices in … Sebastian, Florida,” Semprevivo said. Republicans’ tax reform package, which passed the…

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Citing Tax Cuts, McDonald’s Serves Up Tuition Benefits for Employees

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by Rachel del Guidice   Fast-food icon McDonald’s will supersize its 3-year-old education benefits program for hundreds of thousands of employees. McDonald’s Corp. will allocate $150 million over five years to its global Archways to Opportunity education program, tripling its reach, the restaurant giant announced Thursday. “This investment will provide almost 400,000 U.S. restaurant employees with accessibility to the program as the company will also lower eligibility requirements from nine months to 90 days of employment and drop weekly shift minimums from 20 hours to 15 hours.” McDonald’s is one of 472 companies, and counting, that have announced benefits such as pay raises, bonuses, utility rate cuts, or 401(k) hikes since Congress passed the tax cuts supported by President Donald Trump, according to Americans for Tax Reform. The liberal Left continue to push their radical agenda against American values. The good news is there is a solution.  Find out more >> Among other changes, the Republican tax overhaul, which went into effect Jan. 1, reduced the federal corporate tax rate from 35 percent to 21 percent. The Archways to Opportunity program gives eligible McDonald’s employees in the U.S. a path to obtain a high school diploma, acquire assistance for college tuition, learn English as a second language, and access education…

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Democrats Bash Corporate Tax Cuts Even as Their Blue States Slash Their Rates

Tennessee Star Staff

Democrats trained their heaviest fire in attacking the measure’s corporate tax cuts, as a massive giveaway to the rich. But even as prominent Democrats like Senate Minority Leader Chuck Schumer (D-N.Y.), and Sens. Sheldon Whitehouse (D-R.I.) and Richard Durbin (D-Ill.) trashed the idea, their extremely blue home states have been cutting corporate tax rates.

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