Saturday, July 14, 2018

Groups Linked to George Soros Behind Campaign to Repeal Trump Tax Cuts

Left-wing financier George Soros figures prominently in a campaign by progressives to repeal the Trump tax cuts, according to a review of the campaign's allied organizations and their tax records by The Daily Signal.

Beginning this year, the new law cuts the corporate income tax rate from 35 percent to 21 percent and drops the top individual tax rate to 37 percent.

The tax cuts "The biggest gross tax cuts in American history, cutting over $5.5 trillion in taxes over 10 years."

Political operatives with the Not One Penny campaign claim the congressional tax reform package signed by Trump benefits only the wealthiest Americans while harming the middle class.

The campaign against the tax cuts isn't operating in the best interests of average Americans, and doesn't stem from a spontaneous uprising of concerned citizens, Vadum warned.

Not One Penny wants to repeal the hugely economically stimulating tax cuts that President Trump got through Congress and is fine with sabotaging the economy in order to pursue its twisted so-called social justice objectives.

James Pinkerton, a policy veteran in the administrations of Presidents Ronald Reagan and George H.W. Bush, helped lead a coalition supporting passage of the Tax Cuts and Jobs Act.

https://www.dailysignal.com/2018/07/13/campaign-to-repeal-trump-tax-cuts-backed-by-soros-allied-groups/ 

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