Times Square Gossip

Insane Donald Trump Washington, D.C.— A diverse coalition of national groups cautioned Congress today not to use the novel coronavirus emergency as an excuse to lavish more tax cuts on the wealthy and corporations or to enact payroll tax cuts. The 13 initial letter signers argued in a letter to the House and Senate for “an aggressive response to the economic and societal impact of the novel coronavirus outbreak, but caution[ed] against allowing this national emergency to be used to demand tax cuts that will be poorly targeted, lack the biggest bang-for-the-buck and favor those families that have the most resources to weather the crisis.” Other groups are expected to sign the letter in coming days. The groups also wrote: “Such undesirable tax strategies also include payroll tax cuts. They would provide little immediate stimulus to the economy because they would be relatively inefficient and paid out in small increments over time. Moreover, payroll tax cuts provide the ...

Marco Rubio With Ben Carson, Donald Trump, Ted Cruz & Jeb Bush HUFFINGTON POST -- Marco Rubio may have committed the ultimate heresy for a Republican: The senator from Florida admitted that recent corporate tax cuts are doing little to help American workers and that increased public spending might be in order. In an interview with the Economist, Rubio said he doubts that the tax cuts or Trump’s “America first” protectionism will stop people from losing their jobs to automation. “There is still a lot of thinking on the right that if big corporations are happy, they’re going to take the money they’re saving and reinvest it in American workers,” he said. “In fact, they bought back shares, a few gave out bonuses; there’s no evidence whatsoever that the money’s been massively poured back into the American worker.” Photo By: Erik Kabik / Media Punch Inc