berg80
Diamond Member
- Oct 28, 2017
- 15,267
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One of the accomplishments of Biden's admin was passage of the 15% corporate minimum tax. It prevented widely profitable companies like Amazon from paying zero taxes due to loopholes in the tax code corporations and wealthy individuals lobbied for. Those additional tax dollars helped pay for the most aggressive climate change prevention legislation in the history of the world. Part of the goal of the bill is to increase renewable energy sources like wind energy. His Orangeness has other ideas.
Trump’s Mar-a-Lago fundraising pitch to oil executives: I will kill wind
Former president Donald Trump repeatedly ranted about wind power during a fundraising dinner with oil and gas industry executives last week, falsely claiming that the renewable-energy source is unreliable, unattractive and bad for the environment.
“I hate wind,” Trump told the executives over a meal of chopped steak at his Mar-a-Lago Club and resort in Florida, according to a person with knowledge of the meeting, who spoke on the condition of anonymity to describe a private conversation.
Trump’s comments reveal how he is wooing potential donors with his long-standing hostility to wind farms and pledges to halt this form of renewable energy if he returns to office.
https://www.washingtonpost.com/climate-environment/2024/04/17/trump-wind-power-oil-executives/
Don has some ideas about tax policy too. Like extending the tax cut for billionaires set to expire in 2025.
Trump tells wealthy donors he wants to extend his 2017 tax cuts. Here’s why they’d benefit the most
https://www.cnn.com/2024/04/10/politics/trump-2017-tax-cuts-rich/index.html
Also like cutting corporate taxes. And of course promising (one could say lying about), as he did the last time when his tax cutting legislation was passed, that he would reduce the deficit.
So for Individual 1, MAGA means increasing the deficit while accelerating climate change. Taking the country in the wrong direction. The election is going to be enormously consequential in many ways. One of those ways will be how the expiration of the 2017 tax cuts will be dealt with. It's one reason why Biden's re-election is essential.
Trump’s Mar-a-Lago fundraising pitch to oil executives: I will kill wind
Former president Donald Trump repeatedly ranted about wind power during a fundraising dinner with oil and gas industry executives last week, falsely claiming that the renewable-energy source is unreliable, unattractive and bad for the environment.
“I hate wind,” Trump told the executives over a meal of chopped steak at his Mar-a-Lago Club and resort in Florida, according to a person with knowledge of the meeting, who spoke on the condition of anonymity to describe a private conversation.
Trump’s comments reveal how he is wooing potential donors with his long-standing hostility to wind farms and pledges to halt this form of renewable energy if he returns to office.
https://www.washingtonpost.com/climate-environment/2024/04/17/trump-wind-power-oil-executives/
Don has some ideas about tax policy too. Like extending the tax cut for billionaires set to expire in 2025.
Trump tells wealthy donors he wants to extend his 2017 tax cuts. Here’s why they’d benefit the most
https://www.cnn.com/2024/04/10/politics/trump-2017-tax-cuts-rich/index.html
Also like cutting corporate taxes. And of course promising (one could say lying about), as he did the last time when his tax cutting legislation was passed, that he would reduce the deficit.
So for Individual 1, MAGA means increasing the deficit while accelerating climate change. Taking the country in the wrong direction. The election is going to be enormously consequential in many ways. One of those ways will be how the expiration of the 2017 tax cuts will be dealt with. It's one reason why Biden's re-election is essential.
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