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Taxpayers lost $323 billion in deductions under Trump’s tax plan giveaway to the rich: report

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According to a report at HuffPo, over 11 million taxpayers lost $323 billion in tax deductions in the first year under President Donald Trump’s tax plan that also saw refunds go down.

The report states, “The deduction wallop detailed in the government report centers on capped deductions for state and local taxes — including real estate taxes. Formerly all local taxes could be deducted for federal taxes; now it’s capped at $10,000, which particularly hurts homeowners in major metropolitan areas — especially in the Northeast and California — where housing tends to be more expensive. ”

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The HuffPo notes that deduction cap was used to help pay for massive tax cuts for corporations which saw their tax rates cut 40 percent — from 35 percent to 21 percent.

The report is based upon “an audit conducted by the Treasury Inspector General for Tax Administration that examined Treasury Secretary Steven Mnuchin’s efforts to block local governments’ attempts to stop the federal government from taking an extra bite out of community residents.”

Additionally, taxpayers have seen refunds plummet 17 percent based upon filings in the first three weeks of tax season.

You can read more here.

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Princeton historian delivers the definitive smackdown of Trump’s ‘insulting’ lynching tweet

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Princeton University History Professor Kevin Kruse on Tuesday delivered a thorough takedown of President Donald Trump's claim that House Democrats' impeachment inquiry represents a "lynching."

In calling the tweet "twelve different kinds of bullsh*t," Kruse began by discussing the constitutional mechanics of the impeachment process in the House that only require a bare majority of lawmakers to favor in order to advance. Concerns about due process in impeachment only come into play in the Senate, where the president is ensured a fair trial and where two-thirds of lawmakers are needed to convict the president and remove him from office.

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CNN panel busts Trump for ‘grotesque’ lynching comment in effort to create chaos before key impeachment hearing

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Moments after Donald Trump fired off a tweet calling his impending impeachment a "lynching" a CNN panel hammered the president for making the horrific comparison -- but also pointed out that the president's use of the word was timed for a very specific reason.

Admitting a reluctance to read Trump's tweets on the air, "New Day" host Alisyn Camerota nonetheless, recited the president's tweet, reading, "So some day, if a Democrat becomes President and the Republicans win the House, even by a tiny margin, they can impeach the President, without due process or fairness or any legal rights,” Trump tweeted. “All Republicans must remember what they are witnessing here – a lynching. But we will WIN!” with obvious disgust.

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‘We’ve got a queer running for president!’ Tennessee official bursts into a racist, anti-gay rant at council meeting

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On Monday in Sevier County, Tennessee, during a county commission meeting to discuss a pending vote to become a gun sanctuary city, Commissioner Warren Hurst exploded in a racist, homophobic tirade that stunned onlookers.

"It's time we wake up people, it's time, it's past time," said Hurst, in footage originally captured by WVLT News. "We got a queer running for president, if that ain't about as ugly as you can get. Look what we got running for president in the Democratic party. We can go over here to [Sevier County Sheriff] Hoss' jail and get better people out of there than those running for Democratic [sic] to be president of the United States."

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