House Republicans Target More Tax Cuts as Elections Near


At 60 percent, most voters though the president did not "share voters' values". "They do not invite the US government".

House Republican leaders have unveiled their proposal to expand the massive tax law they hustled through Congress previous year.

I've covered too many of Pelosi's successful leadership elections to predict that her dilemma on impeachment could lead to her defeat for the top job if Democrats take back the House.

It would also let small businesses join forces in offering retirement savings plans.

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As the Inquisitr reported, during a fiery rally speech last week, President Trump addressed the threat of impeachment, warning supporters to vote in midterms.

And even some House Republicans oppose a new tax bill.

Trump and his Republicans are touting December's tax cuts as a boost to the economy, an important feature of their campaign push to defend their majorities in the House and U.S. Senate against a challenge from Democrats.

The amount the tax cut 2.0 legislation would add to the deficit would likely outweigh any economic growth stemming from the cuts, according to Alan Viard, a resident scholar at the right-leaning think tank American Enterprise Institute.

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"For us to win, we have to turn out the deplorable base plus the Reagan Democrats", he said in the interview.

Experts claim the rule affects high-tax states like California, New York and New Jersey - all which have highly contested midterm races. "Republicans gave Congress nearly a full decade to extend these individual tax cuts before they expire", notes The Washington Post's Jeff Stein, "but the law's mediocre polling numbers and the hard election outlook for House Republicans have increased their sense of urgency".

The measure also includes the controversial $10,000 annual cap for state and local tax deductions (SALT), a provision that's particularly unpopular in high-tax states like NY and New Jersey.

Under Trump and the Republican-controlled Congress, the federal deficit has begun growing rapidly again and is expected to blow through $1 trillion in 2019.

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Several Republican House members, facing tough re-election fights in high-tax, Democratic-leaning states like NY and New Jersey, voted against the tax legislation a year ago and would prefer to do without this new version as well.