Taxes

One of the key issues in tax reform is whether Big Business tax breaks should be repealed, and which organizations should enjoy nonprofit status.
TRENDING NEWS:
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President Donald Trump received from Lockheed Martin: $1m, PepsiCo Inc: $270.7k, Murray Energy: $160k, plus $190.7k from others on Taxes
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President Donald Trump received from Lockheed Martin: $1m, PepsiCo Inc: $270.7k, Murray Energy: $160k, plus $190.7k from others on Taxes
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Vice President Joseph Biden received from Communications Workers of America: $7.5k, International Assn of Fire Fighters: $5k, National Education Assn: $4k, plus $3k from others on Taxes
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TRENDING ON TWITTER:
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Rep. Danny Davis received from American Federation of Teachers: $15k, National Assn of Realtors: $14k, National Multifamily Housing Council: $11k, plus $65.5k from others on Taxes
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Rep. Gwen Moore received from KPMG LLP: $35k, American Council of Life Insurers: $35k, American Assn for Justice: $28.5k, plus $149k from others on Taxes
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Rep. Gwen Moore is on the Subcommittee on Select Revenue Measures
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DETAILS:

AGAINST Republicans

Republicans are against hypertaxation on any class or industry. They want to ensure past abuses against businesses, individuals, non-profits, and others are never repeated by the tax system. In regards to overseas businesses, they advocate for a territory based taxation- which will tax money made and stored abroad by American businesses and organizations. source

FOR Democrats

Democrats want to end tax breaks for large businesses and add tax penalties for companies that send their businesses, production, and funding overseas. They focus on increasing tax breaks to the lower- and middle-income families in order to lighten the cost of living burdens. source

LOBBYIST:

  • Company
  • Boeing Company
  • Lockheed Martin
  • Honeywell International
  • National Beer Wholesalers Assn
  • National Assn of Realtors
  • American Bankers Assn
  • Raytheon Company
  • Deloitte LLP
  • Northrop Grumman
  • Credit Union National Assn