{"id":2236,"date":"2018-02-06T02:54:00","date_gmt":"2018-02-06T02:54:00","guid":{"rendered":"http:\/\/democrats.org\/blog\/2018\/02\/06\/1-50\/"},"modified":"2018-02-06T02:54:00","modified_gmt":"2018-02-06T02:54:00","slug":"1-50","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/1-50\/","title":{"rendered":"$1.50"},"content":{"rendered":"<p>One dollar and fifty cents. That&rsquo;s the tax cut for one person Paul Ryan celebrated this weekend. His now-deleted tweet also highlighted the bait-and-switch of the Republican strategy to highlight tiny tax cuts for workers, while giving massive tax cuts to the wealthy and big corporations.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Here are a few numbers that might leave Paul Ryan &ldquo;pleasantly surprised:&rdquo;<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.costco.com\/join-costco.html\">$60<\/a> &ndash; Annual cost of a Costco membership.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/twitter.com\/sethhanlon\/status\/959885446867189761\">$19,000<\/a> &ndash; Estimated tax cut Paul Ryan receives from the Trump tax.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.huffingtonpost.com\/entry\/koch-paysout-to-ryan-after-taxlaw_us_5a63ce41e4b0dc592a09697c\">$500,000<\/a> &ndash; A single contribution Paul Ryan got from the Koch brothers after passing the Trump tax.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.chron.com\/business\/energy\/article\/Chevron-s-3-1-billion-profit-boosted-by-tax-law-12546028.php\">$3.1 billion<\/a> &ndash; Profit Chevron got from the Trump tax.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"http:\/\/money.cnn.com\/2018\/02\/02\/investing\/exxon-earnings-tax-law-oil\/index.html\">$6 billion<\/a> &ndash; A gift Exxon gets from the Trump tax.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"http:\/\/fortune.com\/2018\/01\/30\/pfizer-11-billion-tax-gain-tax-law\/\">$11 billion<\/a> &ndash; Amount Pfizer gained from the Trump tax.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.wsj.com\/articles\/tax-law-saves-verizon-17-billion-in-deferred-taxes-1516234597\">$17 billion<\/a> &ndash; Nearly the total amount Verizon saves due to the Trump tax.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.wsj.com\/articles\/at-t-sees-big-benefit-from-tax-law-1517434789\">$20 billion<\/a> &ndash; Amount AT&amp;T has already profited from the Trump tax.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a href=\"https:\/\/www.ft.com\/content\/56c69df6-d9db-11e7-a039-c64b1c09b482\">$47 billion<\/a> &ndash; Savings Apple could reap from the Trump tax.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-01-17\/trump-tax-cuts-bail-out-wall-street-banks-from-trading-malaise\">$60 billion<\/a> &ndash;&nbsp; Amount Citigroup plans to pay out to their shareholders.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-01-30\/trump-tax-plan-a-190-billion-boost-to-u-s-oil-study-finds\">$190 billion<\/a> &ndash; The boost the oil industry got from the Trump tax.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-12-22\/trump-signs-1-5-trillion-tax-cut-in-first-major-legislative-win\">$1.5 trillion<\/a> &ndash; Total cost of the Trump tax, with the top 1% getting <a href=\"https:\/\/www.vox.com\/policy-and-politics\/2017\/12\/18\/16791174\/republican-tax-bill-congress-conference-tax-policy-center\">more than 80%<\/a> of the benefits over the next decade.<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.cnn.com\/2018\/02\/03\/politics\/paul-ryan-tweet-tax-cut-backlash\/index.html\">Priceless<\/a> &ndash; Paul Ryan having to delete a tweet that reveals the truth about the Trump tax, after being ridiculed for being out-of-touch.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One dollar and fifty cents. That&rsquo;s the tax cut for one person Paul Ryan celebrated this weekend. His now-deleted tweet also highlighted the bait-and-switch of the Republican strategy to highlight tiny tax cuts for workers, while giving massive tax cuts to the wealthy and big corporations. &nbsp; Here are a few numbers that might leave <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2236","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>$1.50 - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/1-50\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-06T02:54:00+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/1-50\/\",\"url\":\"https:\/\/democrats.org\/news\/1-50\/\",\"name\":\"$1.50 - 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