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New Report: GOP Tax Reform Could Boost Household Income by $4,000

A study released Monday by the president’s Council of Economic Advisers found that congressional Republicans’ tax reform framework would produce thousands of dollars in income growth for American households.   “Reducing the statutory federal corporate tax rate from 35 [percent] to 20 percent would … increase average household income in the United States by, very conservatively, $4,000 annually,” says the report from the advisory agency within the Executive Office of the President. Income increases could reach as much as $9,000, according to the report.   Using 2016 household income as the baseline, these effects translate into an increase in average household income from $83,143 in 2016 to between $87,520 and $92,222, an increase of $4,000 to $9,000 in wage and salary income alone. According to the nonprofit Tax Foundation, the U.S. “has the fourth-highest … Read entire article »

Filed under: American History, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

The Right Side of History: War on the Electoral College Shows That Progressives Don’t Care About Middle America

“The Right Side of History” is a podcast dedicated to exploring current events through a historical lens and busting left-wing myths about figures and events of America’s past.  On the inaugural episode, hosts Jarrett Stepman, a contributor to The Daily Signal, and Fred Lucas, The Daily Signal’s White House correspondent, discuss the recent calls to abolish the Electoral College and throw presidential elections to a national popular vote. They are joined by Heritage Foundation senior legal fellow Hans Von Spakovsky, who explains why the Founders created our electoral system and how the 2016 election actually shows that it works. The post The Right Side of History: War on the Electoral College Shows That Progressives Don’t Care About Middle America appeared first on The Daily Signal. … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

The Trump Nominee Poised to Be Point Man on Draining Government Swamp

President Donald Trump’s nominee to run the federal government’s bureaucracy could be a key player in reforming it, and in keeping the president’s campaign pledge to “drain the swamp.” “We don’t see any major draining of the swamp with the massive bureaucracy,” Robert Moffit says. Trump last month nominated Jeff Tien Han Pon, 47, to be director of the Office of Personnel Management, the government’s human resources agency. Pon served in the administrations of both President Bushes—with jobs in the White House, OPM, and Energy Department—and held information technology and human resources positions in several private companies. The Senate Homeland Security and Governmental Affairs Committee is scheduled to hold a confirmation hearing Wednesday on Pon’s nomination. Pon is largely unknown to those who seek reform of the civil service, said Robert Moffit, a former … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Here’s How the Tax Code Helps Rich Taxpayers in Big Government States Pay Less

As Congress works on tax reform, it is worth noting how politicians and interest groups use the code for their benefit often at the expense of others. Some of the worst abusers are the states. One of the most overlooked issues with federal tax policy is how states exploit federal deductions to underwrite their spending and paper over higher tax rates. Under current laws, taxpayers have the ability to deduct state and local income and property taxes from their income when filing their federal taxes. So if a person making $250,000 a year pays $26,000 in state and local taxes and donates $14,000 to charity, he could deduct $40,000 from his salary. This person would pay taxes on only $210,000. Of course, everyone wants to pay fewer taxes. But under these rules, the wealthy have … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

We Hear You: The IRS, the Rich, the Nanny State, Republicans, Trump, and Tax Reform

We Hear You: The IRS, the Rich, the Nanny State, Republicans, Trump, and Tax Reform

Editor’s note: As you probably noticed, The Daily Signal has made tax reform a focus of our coverage and commentary. Here is some of what you’ve had to say on the topic in recent weeks. Be sure to write us at letters@dailysignal.com—Ken McIntyre Dear Daily Signal: Regarding Rachel del Guidice’s story about the family of ranchers in North Dakota, I am a land surveyor and I get involved in forced sales because they need a survey … Read entire article »

Filed under: American History, Department of Education, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Trump to Make Case for Tax Reform in Heritage Foundation Speech

President Donald Trump will speak Tuesday at an annual meeting of Heritage Foundation members in Washington. Trump is expected to promote his tax reform proposal, the top legislative priority for the White House. Trump and Republicans in Congress have made overhauling the tax code their focus for the remainder of 2017. Since August, Trump has delivered a series of speeches across the country touting the benefits of tax relief for middle-class Americans. Tuesday night’s address to a gathering of Heritage’s President’s Club will continue on that theme. It will be Trump’s first speech at an event held by The Heritage Foundation, which previously has hosted Presidents Ronald Reagan, George H.W. Bush, and George W. Bush. “The timing of this year’s speech couldn’t be better,” said Ed Feulner, founder and president of the leading … Read entire article »

Filed under: American History, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

What Would The U.S. Look Like if We Built it from Scratch? By Ted Rall

Imagine that there was another revolution. And that nothing big had changed. Demographics, power dynamics, culture, our economic system and political values were pretty much the same as they are now. If we Americans rolled up our sleeves and reimagined our political system from scratch, if we wrote up a brand-new constitution for 2017, what would a brand-spanking-new United States Version 2.0 look like today? … Read entire article »

Filed under: American History, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Scott Adams On President Trump’s Faith In Affirmations, Norman Vincent Peale, “The Power Of Positive Thinking”

Scott Adams, creator of ‘Dilbert’ and author of the upcoming book Win Bigly: Persuasion in a World Where Facts Don’t Matter, comments on Michael Kruse’s article in Friday’s edition of POLITICO: The Power of Trump’s Positive Thinking. In Friday’s edition of his daily ‘Coffee With Scott Adams’ Periscope broadcast, the Trump-whispering cartoonist discussed the influence that Trump’s childhood pastor Norman Vincent Peale had on the future president’s attitude and the wider lesson that Trump’s success can teach us. “In POLITICO, there is an article about the power of Trump’s positive thinking,” Adams explains. “It is based on the fact that Donald Trump’s minister when he was a kid was Norman Vincent Peale, one of the most successful self-help type authors in American history. You could say he was the self-help guy … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Hillary: We need *open & honest sexual assault discussion (*that does NOT mention Bill)

**Written by Doug Powers In an interview on the BBC, Hillary Clinton tried to remind everybody that the statute of limitations on pointing out the Clintons’ shameless hypocrisy has run out. It started out with a question about Harvey Weinstein that Hillary quickly deflected toward Trump, proving that her most recent compunction bypass surgery was another a huge success: “This kind of behavior cannot be tolerated anywhere, whether it’s in entertainment, politics,” Clinton said. “After all, we have someone admitting to being a sexual assaulter in the Oval Office.” After saying that “kind of behavior cannot be tolerated,” Hillary went on to tolerate it, but only from her own husband. This is all due to a little-known “in the past” clause in the Clinton rule book: Marr responded by pointing out Clinton has dismissed … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

CNN’s Don Lemon: Has Trump Sparked a “Whitelash” Against NFL Players And Supporters

CNN’s Don Lemon discusses a potential “whitelash” created by President Trump with network contributor Van Jones and his panel. From Friday’s broadcast of CNN Tonight: DON LEMON, CNN: So we’re back now with my panel. I want to bring them back in. Scott Jennings, Van Jones and David Swerdlick. Scott, I read those numbers differently than you read them. Because it shows that — I think that most people think that the players have the right to do it. They have the right, that they’re doing the right thing or that they had the right to do it, not that they’re doing the right thing. But I think that I read that differently, that poll differently than you did. Van, I’m not sure if that is what you wanted to comment … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

CNN Documentary Gets Reagan’s Legacy Wrong

Is it possible to devote 90 minutes of prime TV time to Ronald Reagan as an actor who changed the presidency through his use of the mass media and still miss why he was a great communicator? CNN did it with its all too predictable documentary, “The Reagan Show.” The producers presented all the liberal clichés: Democratic Vice President Walter Mondale, declaring that Reagan was “out of touch, never in charge;” liberal arms controller Paul Warnke, dismissing SDI (the Strategic Defense Initiative) as “Star Wars;” ABC reporter Sam Donaldson, saying that Reagan lived in a “Norman Rockwell world;” TV anchors intoning in the wake of the Iran-Contra affair that Reagan “had a last chance to save his presidency.” What the producers did not provide was even a minimum of context for the soundbites. … Read entire article »

Filed under: Declaration of Independence, Economic/Financial Collapse, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Trump Schools Obama on U.S. Constitution By Charles Hurt

Everyone knows that former President Barack Obama, our Great American Constitutional Law Professor, got mercilessly schooled by the Supreme Court during his eight years in office. Now he is getting schooled by a brash-talking, orange-haired reality-TV star and real-estate developer from Queens. … Read entire article »

Filed under: American Constitution, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

The Left’s Intimidation Tactics Against Conservative Opinion

For those unfamiliar with the term, Marranos was the name given to Jews in medieval Spain and Portugal who secretly maintained their Judaism while living as Catholics in public, especially in the 15th century during the Spanish Inquisition. There is, of course, no Spanish Inquisition in America today—no one is being tortured into confessing what they really believe, and no one is being burned at the stake. But there are millions of Marrano-like Americans: Americans who hold conservative views—especially those who hold conservative positions on social issues and those who voted for Donald Trump for president. Millions of Americans who hold conservative and/or pro-Trump views rationally fear ostracism by their peers, public humiliation, ruined reputations, broken families, job loss, and the inability to work in their field. Under these circumstances, they have decided that … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

In a World of Real Evil, the Left Fights Fake Evil

All my life, I have known this rule about people: Those who don’t fight the greatest evils will fight lesser evils or make-believe evils. This happens to be the morally defining characteristic of the left. During the Cold War, many liberals and nearly all conservatives fought communism, but the left fought anti-communism. The left opposed American military buildups and regarded the Cold War between America and the Soviet Union as nothing more than two scorpions in a bottle fighting to the death. It loathed Presidents Richard Nixon and Ronald Reagan, not Communist Party Secretary-General Leonid Brezhnev. It regarded Reagan’s labeling of the Soviet Union as an “evil empire” with contempt. Typical was the reaction of one of America’s best-known intellectuals, Henry Steele Commager, then a professor of history at Amherst College. He said, “It was … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

I Went to a Vandalized Columbus Monument. Here’s What I Saw.

The debate over whether or not to tear down Confederate statues deemed offensive has quickly moved on to other historical figures. Christopher Columbus, the Italian sailor who opened up the New World to migration from the Old, is now in the crosshairs of protesters and vandals. What is likely the oldest monument to Columbus in the United States was targeted and badly damaged by vandals on Monday night. A YouTube video of a man taking a sledgehammer to the front of the 225-year-old statue at a park in Baltimore, Maryland, was posted online. >>> Here Are 8 Monuments That Have Been Attacked Since Charlottesville At one time in American history, Columbus was almost universally admired. He was so celebrated that our capital city, the District of Columbia, was named after him, and “Hail Columbia” … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Kaepernick Makes Black History Smithsonian Before Clarence Thomas

Kaepernick Makes Black History Smithsonian Before Clarence Thomas

Free agent NFL quarterback Colin Kaepernick will be featured in a Black Lives Matter collection at the National Museum of African American History and Culture, museum curators announced this weekend. Supreme Court Justice Clarence Thomas, the nation’s longest-serving black justice, remains absent from the museum. USA Today Sports reports items belonging to Kaepernick will be incorporated into the museum’s Black Lives Matter collection. The quarterback became a symbol of the nation’s complicated racial politics and social relations when he … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Unless Clarence Thomas takes a knee while wearing a Castro t-shirt…

Unless Clarence Thomas takes a knee while wearing a Castro t-shirt…

**Written by Doug Powers …He apparently won’t be worthy of this level of recognition: So far Clarence Thomas has not been deemed worthy of inclusion in the museum: Artifacts from former San Francisco 49ers quarterback Colin Kaepernick’s national anthem protests will reportedly soon be on display at the Black Lives Matter collection at the Smithsonian’s National Museum of African American History. “The National Museum of African American History and Culture has nearly 40,000 items in our collection,” said Damion … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Mob Rule Prevails in Toppling of Confederate Statue

Following the ugly incident that took place in Charlottesville, Virginia, this past weekend, an unruly mob took out its anger on a century-old statue in North Carolina. It is a perfect example of how tribal and identity politics are raging out of control in America, and how radicals will continue to ratchet up their tactics to match one another. While the media spent its time connecting riots to the political right, the hard left continued to step up its tactics to promote social discord, as it has been doing for years. On Monday afternoon, a crowd of people in an “Emergency Durham Protest” marched down Durham’s Main Street, then made its way to the Durham County Courthouse. The Herald Sun reported that organizations like the “Triangle People’s Assembly, Workers World Party, Industrial Workers of the … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

I Went to Charlottesville During the Protests. Here’s What I Saw.

I picked quite a time to go on a weekend trip to Charlottesville. What was supposed to be a nice getaway with my wife turned into a journey through the eye of a national media storm. On Saturday, clashes between “Unite the Right” protestors and “anti-fascist” counterprotesters at the foot of a Gen. Robert E. Lee statue—which the City Council had voted to remove from a local park—turned violent. One woman was killed when an Ohio man allegedly associated with the white nationalist marchers rammed his car through a wave of people. He has been charged with second-degree murder. The clash between Nazis and leftists in the streets was an ugly and surreal scene one would associate with 1930s Germany, not a sleepy American town in the heart of central Virginia. A City, and Country, … Read entire article »

Filed under: American History, Government Corruption, Government Waste, Main Stream Media Bias, Political Campaigning, Politics, Problems of Big Government, Restoring America

Americans Should Boycott Politically Lead Businesses Like Chase, General Motors, MSNBC and CNN

Americans Should Boycott Politically Lead Businesses Like Chase, General Motors, MSNBC and CNN

Boycott JPMorgan Chase, General Motors, MSNBC and CNN that have bigoted views towards our legally elected President. These leaders and the main stream media are purveyors of fake news and are simply trying in a concerted effort to do undermine and disrespect President Trump. As Barack Obama said back in 2009 elections have consequences whether they like it or not the American people spoke!. I for one am very sick of it! This would never of … Read entire article »

Filed under: Government Corruption, Government Waste, Main Stream Media Bias, Main Stream Media Fake News, Problems of Big Government, Restoring America, Socialism in America