tax reform

The Economy Says Trump Is Crazy Like A Fox

By every measure we could find Americans are doing better under crazy President Donald Trump than they were under the cool, suave and eminently sane Barack Obama. Apparently, investors, who have billions on the line, aren’t worried that our President is deranged.

Trump-onomics 101

The forgotten working folks who voted for Donald Trump are seeing the benefit of his economic policies in more hours at the factories and other businesses that employ them, higher wages and more job security in the outlook for new orders.

Trump Is Right About the Obamacare Insurance Mandate

David Catron, The American Spectator

If the Democrats ever get control of Congress and the White House again, they will reinstate the fine. And it will be far larger than the one that was just eliminated. This is one of the best reasons for conservative voters to show up at the polls in record numbers during the upcoming midterms. The effective repeal of the individual mandate is a poison pill that will eventually kill Obamacare. But, with the help of beefed up Republican majorities in Congress, President Trump can finish off whatever is left of the risibly titled “Affordable Care Act.” With that done, he will probably be unbeatable in 2020.

Get ready for the great political surprise of 2018

Newt Gingrich, Fox News

If you want a bigger economy, more jobs, more take-home pay, less power with Washington bureaucrats, and lower taxes with more money in your pocket, then vote Republican. If Republicans can learn to tell the truth better than the elite media and Democrats lie, the GOP will win an astonishing victory in 2018.

Republicans Bet the Farm

Patrick J. Buchanan, The American Conservative

On their legislative agenda, Republicans broke out of a slump. Though they got not a single Democratic vote in either chamber, they showed they can govern alone. On the lead item on the GOP-Trump agenda — taxes — they delivered. They shifted policy dramatically toward Republican philosophy. They wagered their future on their convictions. And the splenetic rage among Democrat elites suggests that they know they have suffered a defeat difficult to reverse.

Trump Voters Winners In First 24 Hours Of Tax Reform

The Fake News media can kvetch about “trickle down” economics all they want, but $1,000 bonuses to Trump voters – frontline workers and managers – and companies announcing $15 an hour minimum wage is a huge political win for President Trump, and a big quality of life win for America’s hard-pressed working families.

Will Little Marco Tank The Tax Reform Package?

The Republican margin in the Senate will shrink to just one vote when Democrat Doug Jones of Alabama is sworn in – possibly as early as December 26. The vote is considered to be so tight that Vice President Pence announced yesterday that he would delay a trip to Israel and Egypt next week in case his vote is needed.

That Democratic rhetoric about taxing the rich? It's a con

Editors, Washington Examiner

When the chips are down, Democrats care more about their wealthiest constituents than their poorer constituents. The latter group will benefit from the Republican tax bill's larger standard deduction. The truth is that the Democrats' populist tax rhetoric has been a complete fraud, a deceptive and self-serving camouflage for Republican promises to cut taxes, which would be widely and wildly popular if not so traduced.

The GOP Establishment Is About To Blow-Up The Pro-Growth Tax Plan

We urge CHQ readers to call their Representative and Senators through the Toll-Free Capitol Switchboard at 1-866-220-0044. Tell them to lower the corporate tax rate to 20 percent, keep the special rate for repatriation at 12 percent and to keep the focus of the tax reform bill on job creation and economic growth, not class warfare.

Democrats for Prohibition, and other absurdities

Editors, Washington Examiner

The common feature of the Democrats' frivolous objections is that the tax bill would help working-class people decide to live their lives the way Democrats don't want them to. As we saw in November 2016, Democrats have a hard time coping with the idea that people will defy them and make free choices. They do, and sensible people are thankful for it.

The Jonestown GOP

In its blind failure to recognize its dire peril if it fails to pass tax reform, Capitol Hill’s Republican establishment is beginning to look a lot like the unfortunate souls at Jonestown who “drank the Kool-Aid” and committed mass suicide.

Will Washington Ever Learn? (Apparently Not)

William Murchison, The American Spectator

Because doing anything with government almost always means increasing government’s size, cost, and complexity, a useful rule of thumb for reformers of any stripe would be, do as little as you can get by with. Ah, but that ol’ dog won’t hunt. Political preferences run to the grand and showy, the instantly reward-worthy. Bringing us… well, here.

Corporate America must prove tax reform is good for average Americans

Carl M. Cannon, Orange County Register

American corporations can return their operations to the U.S., open new plants, invest in new technologies and new businesses, and pay their workers higher wages. Or those corporate executives can buy more yachts and company jets, award themselves huge stock options and obscene bonuses, hand out dividends to shareholders, exploit their own workers, and continue to look at quarterly profits as the Holy Grail — to the detriment of the country. Corporate America, it’s your move.

Job Creation First, Tax Reform Second In House Tax Bill

There is still a lot of work to be done to get a tax reform bill through the Senate, but the House bill is a start, and, with its extensive economic growth and job creation features, it is a better start than we initially thought it would be.

Will the Republicans Get Tax Reform?

R. Emmett Tyrrell, Jr., The American Spectator

The Republicans have been bellowing for years that they would repeal and replace Obamacare. They are unlikely to do it. They have promised other changes in the way the government works, but at this point all that seems unlikely too. They simply have to reconcile and pass tax reform or they will have nothing to show for their domination of government of late. Coming up empty-handed in 2018 will not be Donald Trump’s doing. It will be the Republicans’ fault, and relinquishing a seat in the Alabama senatorial delegation is not going to make tax reform any easier.

Let's be honest — this isn't actually tax reform

Ned Ryun, The Hill

The Senate version of tax reform brought real clarity to this conversation about overhauling the tax system. What is now discussed doesn’t come close to being real tax reform for the American people. What it does qualify as is a grab bag of goodies for the uber-wealthy globalists while passing the price tag on to the middle and upper middle classes in America. We’ve gone from tax reform to tax deform.

Ryan Should Take President Trump’s Suggestions On Tax Reform

We would prefer to see bigger tax cuts accompanied by spending cuts, but absent that, we urge the House to include President Trump’s suggestions in the final House bill and send it to the Senate for further improvement.

Tax reform is never easy, but GOP majorities hang in the balance

Newt Gingrich, The Hill

If President Trump signs this bill into law by Christmas, not only will Republicans keep their majorities in both the House and Senate, but the United States will enter a new age of prosperity to the benefit of every American. However, if this tax cut bill is allowed to fail, the future for the GOP will be in peril.

First Impression: House GOP Tax Plan

The cost of government is not what it taxes, it is what it spends. The GOP tax plan is a start, but not a particularly bold or ambitious start, and it is only one part of a pro-growth economic formula. Spending has yet to be dealt with.

Economic growth is halfway there, livin' on a prayer

Editors, Washington Examiner

If tax reform efforts fail, the economic growth caused by its anticipation won’t just be nullified, it’ll be reversed. The Trump administration’s deregulations should be applauded, but in terms of finalizing economic growth, we’re only halfway there. The economy is livin’ on a prayer, a prayer that Congress needs to answer with tax reform, and soon.