Category Archives: Tax Reform

New York: Most Unequal State in the Nation!

Posted on November 14, 2022 by D. Posnett MD

A new report from the Institute on Taxation and Economic Policy (ITEP) recently found that New York State is home to the highest concentration of extreme wealth in the United States. New York State also has the greatest income inequality … Continue reading →

Posted in budget, economics, economy, Ethics, Fair elections, Pay Equality, Poverty, Tax Reform | 2 Comments

The Movement for a Wealth Tax in Washington State

Posted on February 9, 2021 by D. Posnett MD

Forwarded from Geraldine Maslanka. By Chuck CollinsThis piece appeared on the inequality.org website with the heading: Legislators in Washington state are taking bold steps towards instituting a state-level wealth tax. The proposed tax is a 1 percent levy on wealth over $1 … Continue reading →

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How to Climb out of the Financial Rut in NY State

Posted on February 6, 2021 by D. Posnett MD

On Feb. 5th R&R heard a presentation by Rebecca Saletan and Nick Lyndon on “The Invest in our New York Act”. It is a package of 6 bills for the State of NY. Together they are proposed to raise more … Continue reading →

Posted in budget, Coronavirus, economics, economy, Fair Labor Standards, Pay Equality, Poverty, Tax Reform, Uncategorized | Tagged , , , , , , | 2 Comments

Trump’s Economic Fallout

Posted on October 5, 2020 by D. Posnett MD

Guestwords in the East Hampton Star: Trump’s Economic Fallout for Suffolk County and Long Island By John Tepper Marlin and Steven Newman October 1, 2020 President Trump’s three main economic initiatives have been radical 2017 cuts in taxes (at the … Continue reading →

Posted in Coronavirus, East Hampton, economics, economy, jobs, long island, stimulus, stock market, swamp, Tax Reform, Trump, Zeldin | Tagged , , , | 1 Comment

Social Security Under Attack

Posted on September 18, 2020 by D. Posnett MD

The Social Security Act was signed into law by President Franklin Delano Roosevelt, a Democrat, on August 14, 1935, to function as a “federal safety net for elderly, unemployed and disadvantaged Americans,” while legislating that it cannot spend more than … Continue reading →

Posted in 2020 elections, Medicaid, medicare, Social security, Tax Reform, Trump, Zeldin | Tagged , | Leave a comment

Home Sales Plunge as a Result of Capping SALT

Posted on November 2, 2019 by D. Posnett MD

From the East Hampton Star comes a short notice burried on page B9: “Home Sales Have Plunged”. By Jamie Bufalino October 31, 2019 East End home sales in the third quarter were at an eight-year low, and the inventory of … Continue reading →

Posted in 2020 elections, Real Estate, Tax Reform, Trump, Uncategorized, Zeldin | Tagged , , , | Leave a comment

Zeldin: Enabler of Trump’s Mob-rule

Posted on October 24, 2019 by D. Posnett MD

The Daily Beast: this is the Dems “golden opportunity” to beat Zeldin and  calls Zeldin one of the Trump family’s “favorite congressmen,” a Trump “attack dog” “owned” by Freedom Caucus founder Representative Jim Jordan. From The Daily Beast: “Democrats hoping … Continue reading →

Posted in impeachment, perry gershon, Tax Reform, Trump, Trump atrocities, Uncategorized, Zeldin | Tagged , , | Leave a comment

Flip the House — Defeat Zeldin!

Posted on August 4, 2018 by amyturner2000

By Jacquelyn Gavron & Amy Turner, July 19, 2018 New York’s First Congressional District (NY-1), historically a swing district, is represented by Lee Zeldin (R). He was initially elected with Tea Party support and is an unwavering Trump loyalist with … Continue reading →

Posted in ACA, AHCA, economy, Environment, Guns, Health Care, Politics, Tax Reform, Uncategorized, Women, Zeldin | 4 Comments

Zeldin Supports GOP Shenanigans

Posted on July 16, 2018 by cdsprings

Published as Letter to Editor, The East Hampton Star Fiscal Chicanery July 10, 2018 Dear David, If you are under any illusions about congressional Republicans’ intentions to undermine the financial security of American families, just take a look at their … Continue reading →

Posted in budget, Congress, democrats, economics, GOP, medicare, Social security, Tax Reform, Uncategorized, Zeldin | 2 Comments

US Healthcare: no Bang for the Buck

Posted on May 19, 2018 by D. Posnett MD

Health care in the US is more expensive, by far, than anywhere else on this planet.  It represents greater than 17.9% of the US GDP.   Health spending is projected to grow 1.0 percentage point faster than Gross Domestic Product … Continue reading →

Posted in ACA, American Health Care Act, Health Care, Medicaid, medicare, Pay Equality, Poverty, Tax Reform, Trump, Uncategorized, Zeldin | Tagged , , , , , , | 4 Comments

Promises Broken

Posted on May 14, 2018 by D. Posnett MD

  Trump campaign promises (which some liberals supported) remain largely ignored. He ran as an economic populist and bucked the GOP’s economic brand, contributing to his appeal. But he has violated every one of his promises. Donald Trump promised to … Continue reading →

Posted in ACA, democrats, GOP, Health Care, Labor, Politics, Seniors, swamp, Tax Reform, Trump, Uncategorized, Zeldin | Tagged , , , , , | 3 Comments

The Trumpist from Suffolk County

Posted on March 8, 2018 by D. Posnett MD

  Perry Gershon, Democratic Candidate for New York’s First Congressional District   Published by Medium.com March 7th 2018 Traveling across Suffolk County, I’ve seen how disappointed and frustrated people are with Congressman Lee Zeldin. I’m hearing how they want someone in … Continue reading →

Posted in Guns, Russian connection, Tax Reform, Trump, Uncategorized, Zeldin | Tagged , , , , | Leave a comment

Out-of-pocket healthcare spending could rise thanks to Lee Zeldin

Posted on January 24, 2018 by D. Posnett MD

Implementation of the Affordable Care Act (ACA, Obamacare)  was associated with reduced out-of-pocket spending for US medical care, particularly among those with lower incomes, but not with reduced premiums. That is the conclusion of a new study published in the … Continue reading →

Posted in ACA, AHCA, American Health Care Act, Medicaid, medicare, Tax Reform, trumpcare, Uncategorized, Zeldin | Tagged , , , | Leave a comment

Tax Plan: Declaration of War

Posted on December 7, 2017 by D. Posnett MD

Published in the East Hampton Star, Dec 6th   To the Editor, The Republican tax plan is nothing short of a declaration of war on the lower and middle classes, especially those in blue states. Republicans have decided they can … Continue reading →

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The Republican Tax Scam

Posted on December 2, 2017 by D. Posnett MD

By Saumya Narechania, National Issues Campaign Manager, Organizing for Action Yesterday’s tax scam will go down as one of the most shameful acts in Senate history. In a single bill — finalized Friday night (Dec 1, 2017) in scribbled handwriting, … Continue reading →

Posted in economics, economy, Tax Reform, Uncategorized, Zeldin | Tagged , | 1 Comment

The da Vinci Lode

Posted on November 17, 2017 by D. Posnett MD

 The painting ‘Salvator Mundi’ by Leonardo da Vinci at Christie’s. Credit Drew Angerer/Getty Images To the Editor: “The da Vinci Lode” (NY Times editorial, Nov. 17) is an important warning. The idea that the obscenely rich see nothing untoward in … Continue reading →

Posted in economy, Ethics, Tax Reform, Uncategorized | Tagged , , , | 3 Comments

In Lockstep

Posted on November 17, 2017 by D. Posnett MD

Letter to the Editor Printed in the East Hampton Star 11/16/17 Remember when Mitt Romney asked us to believe that “corporations are people too?” Well, under the Republican House tax proposal, which our congressman, Lee Zeldin, has largely embraced, the … Continue reading →

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House Passes Historic Debt Increase

Posted on November 16, 2017 by D. Posnett MD

http://www.crfb.org/press-releases/house-passes-historic-debt-increase As per the Committee for a Responsible Federal Budget, this experiment has been tried and it failed: “The last time Congress added 10-figures worth of tax cuts to the debt in 2001, it blew a hole in the budget … Continue reading →

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Zombie Health Care Repeal Part 5: What the GOP’s Sneaky Health Repeal Means for You

Posted on November 15, 2017 by D. Posnett MD

Yet another attempt to sabotage healthcare!  They just don’t get it.  David View at Medium.com The GOP is sneaking in a partisan health care repeal to pay for their tax cuts for the wealthy and big corporations. Here’s what you … Continue reading →

Posted in ACA, AHCA, American Health Care Act, Health Care, Medicaid, Tax Reform, Trump, trumpcare, Uncategorized, Zeldin | Leave a comment

Individual Mandate Repeal in Latest Tax Bill Draft

Posted on November 15, 2017 by D. Posnett MD

Author Shannon Muchmore @stmuchmore Published Nov. 15, 2017 Dive Brief: Republican leaders said Tuesday the latest version of their bill to overhaul the tax system would repeal the individual mandate in the Affordable Care Act (ACA). Sen. Orrin Hatch (R-Utah) … Continue reading →

Posted in ACA, AHCA, American Health Care Act, Health Care, Tax Reform, trumpcare, Uncategorized, Zeldin | Tagged , , , | Leave a comment