Taxes

Following the Republican victory in passing sweeping tax cuts for all American taxpayers on Wednesday, they and President Trump held a gathering at the White House where they touted their win before the press. During the various victory speeches from Republican members of Congress, nearly all of them praised the President for his leadership.

In a Wednesday "analysis" piece anticipating the tax bill's passage, Andrew Taylor at the Associated Press, apparently bitter at the impending outcome, framed that successful effort as a betrayal of the "GOP's tea party promises." Apparently, the AP reporter has forgotten what the T-E-A in "tea party" stands for.

New York magazine's Jonathan Chait is glad that the era of conservative media bias on tax cuts is over. In a Thursday post, Chait observed that Republicans have "complain[ed] bitterly" about the MSM's coverage of the just-passed tax bill. Those gripes, he suggested, aren't surprising, given that the coverage "has been generally clear about the undeniable fact that [the GOP] plan overwhelmingly…

Good news for the economy came quickly on the heels of the Republican-driven tax bill. AT&T, Boeing, Wells Fargo, Comcast and others announced employee bonuses or wage increases, additional contributions to training, charitable efforts and facilities, and U.S. investment. Some directly attributed the decision to changes that will affect them in the tax legislation.

On Thursday's New Day on CNN, substitute host Bill Weir gave former Obama advisor Dr. Zeke Emanuel a mostly unchallenged forum to complain about how Republicans are handling the health insurance issue. Weir even opened the segment by relaying Democratic talking points that Republicans are behaving like "Ebenezer Scrooges" before Christmas and endangering "nine million Tiny Tim" children because a…

After NBC’s Today co-host Savannah Guthrie accused House Speaker Paul Ryan of “living in a fantasy world” on Wednesday for predicting that tax reform legislation would encourage businesses to raise wages for their employees, on Thursday, the network morning show tried its best to deny the reality that several major companies announced that they would be doing exactly that.

On Tuesday night, Senate Democrat Minority Leader Chuck Schumer got upset because too many other people were allegedly talking while he was making a speech on the Senate floor. CNN turned Sen. Schumer's complaint into a rude-Republicans moment, and failed to note that the supposed substance of Schumer's speech was a laughable crock.

All aboard the hypocrisy train! Throughout Wednesday’s Hardball, MSNBC host Chris Matthews trashed the Republican “song fest” following the passage of tax reform as if it were “a druid celebration of the winter solstice” featuring “Trumpkins” “do[ing] their hosannas” before their “sun king” President Trump.

During ABC’s World News Tonight on Wednesday, the network demonstrated just how well they could stick to the Democratic Party’s talking points. “The biggest tax cuts will go to the wealthy, corporate America,” boldly declared sensationalist anchor David Muir as he was coming on the air. While he was quick to continue the liberal echo chamber, he cast doubt on the Republicans’ promise of economic…

With the passage of the Republicans’ $1.5 trillion tax cut bill looming, most of Wednesday’s Morning Joe was devoted to portraying the legislation as not just bad policy (which would be par for the course on MSNBC), but a threat to America’s survival, prosperity, and democracy. “Conservative” co-host Joe Scarborough put on his Marxist cap to make the case that “the greatest threat to American-…

On Tuesday, Talking Points Memo's Josh Marshall called the bill "a heist," while Vox's Matthew Yglesias charged that "moral and political responsibility for the looting ultimately rests on the shoulders of the GOP members of Congress who decided that the appropriate reaction to Trump’s inauguration was to start smashing and grabbing as much as possible for themselves and their donors rather than…

After being asked on Wednesday’s NBC Today if he was “living in a fantasy world” regarding new tax reform legislation, on ABC’s Good Morning America and CBS This Morning, House Speaker Paul Ryan called out the liberal media for spreading disinformation about the legislation and fact-checked their Democratic Party talking points.

Moments after the final passage of Tax Cuts and Jobs Act, CNN senior White House correspondent Jim Acosta dumped cold water on the new law, declaring that Republicans could suffer “unintended consequences because there were hardly any hearings on this, because there wasn’t much discussion in the public” concerning the “deeply unpopular” bill.