VIDEO: Bernie Supporters Love the Republican Tax Plan

By and large, New York City Democrats seem to hate the Republican Tax Bill. But how do they feel about it when told it’s Bernie Sanders’ plan? Documentary filmmaker Ami Horowitz took to the streets of New York’s East Village to find out.

EDITORS NOTE: The featured image is of supporters of Democratic presidential hopeful Sen. Bernie Sanders (D-VT) hold signs during the Independence Day Parade in Waukee, Iowa July 4, 2015. REUTERS/Scott Morgan – RTSNRSX.

SURVEY: Senior Attorneys and Executives saw ‘Litigation Environment Improving’ in 2017

The U.S. Chamber of Commerce Institute for Legal Reform issued its 2017 Lawsuit Climate Survey, which found that “senior attorneys and executives see the litigation environment improving generally.”  The survey found a jump of 13% in 2017.

The survey by the Harris Poll to explore how fair and reasonable the states’ liability systems are perceived to be by U.S. businesses. Participants in the survey were comprised of a national sample of 1,321 in-house general counsel, senior litigators or attorneys, and other senior executives at companies with at least $100 million in annual revenue who indicated they: (1) are knowledgeable about litigation matters; and (2) have firsthand, recent litigation experience in each state they evaluate.

The 2017 Lawsuit Climate Survey noted:

The 2017 survey reveals that the overall average scores of the states are increasing, and senior attorneys and executives see the litigation environment improving generally; more than six in ten respondents (63%) view the fairness and reasonableness of state court liability systems in the United States as excellent or pretty good, up from 50% in 2015 and 49% in 2012. The remaining 36% view the system as only fair or poor, or declined to answer (1%).

Moreover, a state’s litigation environment continues to be important to senior litigators, with most respondents (85%) reporting that it is likely to impact important business decisions at their companies, such as where to locate or do business. This is a significant increase from 75% in 2015 and 70% in 2012.

According to respondents, the five worst jurisdictions (with others very close behind) were Chicago or Cook County, Illinois (23%); Los Angeles, California (18%); Jefferson County, Texas (17%); New Orleans or Orleans Parish, Louisiana (14%); and San Francisco, California (13%).

Along with the 2017 Lawsuit Climate Survey, the Institute for Legal Reform released its study on how states can improve their lawsuit climates. The study, “101 Ways to Improve State Legal Systems,” lists key legal reforms that states can adopt and includes specific examples recently enacted by some states.

Trump Should Rescind Work Authorization for H-4 Visas

Meaningful border security and effective enforcement of our immigration laws are anathemas to globalists who see in America’s borders impediments to their wealth.

While U.S.-based globalists routinely spout globalist propaganda, often disguised as “news reports” by American journalists, comparable globalist propaganda spewed by foreign journalists is rarely reported in the United States.

On December 18, 2017, Quartz India published an article, under the category of Back In Limbo, “Under Trump, Indian H-1B wives fear becoming second-class citizens again.”

The title of the article was not only illogical but also apparently sought to blur the distinction between American citizens and aliens.

Beneath the title of that article was the image of the hands of a newly naturalized citizen holding an American flag, accompanied by a brief description of the naturalization ceremony where the photo was taken.

There was no explanation, however, as to why the photo taken of an American flag at a naturalization ceremony is somehow to be conflated with a report about nonimmigrant aliens working in the United States.

The obvious question, certainly not asked or answered in the article, is how could any alien, particularly a nonimmigrant alien, complain about “becoming a second-class citizen?”

Simply stated, aliens are not citizens — first-class, second-class, or any class at all.

In point of fact, aliens must be acquire lawful immigrant status in order to ultimately be eligible to come United States citizens provided that they meet a number of prerequisites. Nonimmigrant aliens, by definition, are aliens who are admitted into the United States for a temporary period of time and must, after the period of admission expires, return to their native countries.

H-1B and H-4 visas, the focus of the Quartz India grievance, are nonimmigrant visas.

Furthermore, it is a crime for an alien to claim to be a United States citizen. Under the law (18 U.S. Code § 911) any alien who makes a false claim to being a United States citizen is committing a felony that carries a maximum penalty of up to three years in prison.

Use of misleading language is a major element of the campaign waged by immigration anarchists and globalists who seek to eradicate America’s borders.

In the Orwellian world of immigration Newspeak, aliens who enter the United States without inspection are referred to as entering “undocumented” a fabricated term to obfuscate the truth that these aliens are illegally present in the United States.

By eliminating the term “alien” from the vernacular where any discussions or debates about immigration are concerned, a tactic initiated by President Jimmy Carter during his administration, set the stage for the bogus assertions that anyone who believes in securing our nation’s borders against the entry of criminals, terrorists, and other aliens who would pose a threat to best interests of America and Americans are deemed to be “anti-immigrant” when, in reality their position should be referred to as “pro-immigration law enforcement.”

This use of language to control the debate was the topic of my recent article, “Language Wars: The Road to Tyranny is Paved With Language Censorship.”

The article published by that publication, complaining that their citizens are not being treated in a manner equal to United States citizens, is simply yet another step along the path to immigration anarchy and the destruction of American sovereignty by confounding logic and reasoning in pursuit of a political agenda.

Bad as the title of that piece was, the article itself goes on to hammer the United States for its policies, and we have Obama’s anarchistic immigration policies to thank for this.

Consider the opening paragraph of the article:

Rashi Bhatnagar gave up her career as a journalist when she left India in 2009 and moved to the US on an H-4 dependent visa. For years, she struggled with frustration because her visa status did not allow her to work in the US. But in 2015, she saw a sliver of hope after the erstwhile Barack Obama administration allowed the spouses of H-1B workers awaiting green card approval to apply for work permits of their own.

The article then noted that on December 14 of this year the Trump administration announced that it would reconsider the Obama policy of permitting certain H-4 aliens to be granted employment authorization and how unfair this was.

The article went on to report:

Since 2015, over 104,000 spouses were granted EADs. A large number of these would likely be from the sub-continent as Indians receive a major chunk of the H-1B visas every year.

Let’s take a moment to consider the issues.

The alien referenced in the first paragraph of the article came to the United States voluntarily knowing full well, before she even set foot on U.S. soil, that she would not be permitted to work in the United States. Nevertheless, she willingly came here and found the conditions to be what she knew that they would be before she boarded the airliner.

Many of Obama’s globalist policies ended the day that he left office and still more of his policies are under review by President Trump so that he can truly put America and Americans first, a clear and unequivocal element of his campaign for the presidency.

Providing tens of thousands of aliens, who were admitted with H-4 nonimmigrant visas, with employment authorization runs contrary to the best interests of American workers by enabling these nonimmigrant aliens to compete with American and lawful immigrants for jobs.

It is to be expected that President Trump would take a hard look at this program and, hopefully, terminate these policies.

Of course citizens of India and other countries could not care less about the well-being of America or Americans.

Incredibly, adding to this problem is the fact that for decades we have had a succession of administrations that apparently shared their disdain for Americans. Mr. Obama, undoubtedly led the charge creating policies that eroded American sovereignty that undermined national security and public safety.

Furthermore, the problems with the employment of these nonimmigrant aliens also has an economic component. Money earned by aliens is wired out of the countries by foreign workers, whether they are legally or illegally working in the United States. That money is permanently lost to the U.S. economy and contributes to our national debt and to an adverse balance of trade.

On October 3, 2017, the World Bank issued a report, “Remittances to Recover Modestly After Two Years of Decline.” It included this paragraph:

Among major remittance recipients, India retains its top spot, with remittances expected to total $65 billion this year, followed by China ($63 billion), the Philippines ($33 billion), Mexico (a record $31 billion), and Nigeria ($22 billion).

India has been leading the charge of countries receiving remittances sent home by their citizens who are working in countries around the world. Of course, not all of the money remitted to these countries came from the United States, but America is a leading country where the flow of remittances is concerned.

The egregious article upon which my commentary today is predicated also addressed the issue of remittances and quoted Poorvi Chothani, managing partner at an immigration law firm LawQuest.

Chothani had the unmitigated chutzpah to whine that Trump policies would prevent these nonimmigrant aliens from realizing their “American Dream.”

The “American Dream” for nonimmigrant aliens?

Incredibly, the term “American Dream,” and one that has become over the past several decades, ever more elusive and indeed, illusory for American citizens, has been misappropriated by globalists to purportedly justify providing millions of illegal aliens with lawful status and a pathway to U.S. Citizenship under the failed “DREAM Act” and now apparently for nonimmigrant aliens who voluntarily enter the United States on nonimmigrant visas.

Additionally, the article makes a contrived claim that since, according to the article, 90 percent of the H-4 visa holders are women, the Trump policies are unfair to women. And while the H-1B visa holders may be sending remittances back to India, their wives who cannot work in the United States are unable to send money to support their families because the wages paid to the H-1B spouses are insufficient to meet all of their needs, in the United States and back home to help their families.

Of course the law firm is likely concerned that their profits will suffer if the number of aliens who would come to the United States is reduced because of President Trump’s policies of putting American workers first.

It’s easy to see the damage that has been done to America — just follow the money.

Because of the globalist policies of the Obama administration and previous administrations, the globalists have been literally and figuratively “making out like bandits.”

Thankfully, since the election of Donald Trump, there is truly a new sheriff in town.

EDITORS NOTE: This column originally appeared on NewsMax.com.

INFOGRAPHIC: 1 of Every 5 Government Employees Has a 6-Figure Salary

KEY TAKEAWAY: Almost 30,000 rank-and-file government employees make over $190,823, more than any governor of the 50 states, according to a report from OpenTheBooks.com.

The U.S. government pays employees a total of about $1 million per minute, according to a watchdog group’s report on the sprawling federal bureaucracy.

Looking at 78 large agencies, the nonprofit organization OpenTheBooks.com found that the average salary of a federal employee exceeds $100,000 and that roughly 1 in 5 of those on the government payroll has a six-figure salary.

Almost 30,000 rank-and-file government employees make over $190,823, more than any governor of the 50 states.

“Our oversight report shows the size, scope, and power of the administrative state,” Adam Andrzejewski, Open the Books’ CEO and founder, told The Daily Signal in a phone interview. “Two million federal bureaucrats have salaries, extraordinary perquisites, and lifetime pension benefits. This compensation package has never been seen in the private sector.”

The median wage for all American workers was $44,148 a year for a 40-hour work week in the final quarter of 2016, according to the Bureau of Labor Statistics.

Andrzejewski said the Open the Books report, released Tuesday and including an interactive map of the 2 million federal bureaucrats by ZIP code, is meant to educate taxpayers on where their dollars are going.

So what about those perks?

When federal employees reach the third anniversary of their employment, he said, “they get eight and a half weeks’ paid time off” plus “10 holidays, 13 sick days, and 20 vacation days.”

“We estimate those perks alone cost the American taxpayer $22.6 billion a year,” Andrzejewski said.

With the government paying the disclosed workforce $1 million per minute, according to the report, every eight-hour workday costs taxpayers more than $500 million.

A total of 406,960 employees make a six-figure income, amounting to roughly 1 in 5 employees. From 2010 through 2016, the number of federal employees making more than $200,000 increased by 165 percent.

“People are really hungry for these hard facts, they are interested in searching their little piece of the swamp,” Andrzejewski told The Daily Signal.

An image from the report. (Photo: OpenTheBooks.com)

Among other findings of the report, called “Mapping the Swamp: A Study of the Administrative State”:

—A small federal agency in San Francisco, Presidio Trust, paid out three of the government’s four largest bonuses, including the largest in fiscal year 2016. The biggest bonus, $141,525, went to a personnel manager who did payroll.

—The Postal Service and the Department of Veterans Affairs employ over half of all disclosed federal workers, at 32 percent of and 19 percent, respectively.

—About 2 million “undisclosed” employees work for the Defense Department, including active military duty. Their compensation, including $1 billion in bonuses and $125 billion in pensions, amounts to $221 billion per year.

Federal workers are paid a “new minimum wage,” Open the Books argues, because the average employee at 78 of the 122 departments and independent agencies reviewed makes $100,000 or more.

“Congress should hold hearings to bring transparency to all the information we’re still missing, including performance bonuses and pension payouts,” Andrzejewski said in a prepared statement. “It’s time to squeeze out waste from compensation and stop abusive payroll practices.”

ABOUT THE AUTHOR

Portrait of Rachel del Guidice

Rachel del Guidice

Rachel del Guidice is a reporter for The Daily Signal. She is a graduate of Franciscan University of Steubenville, Forge Leadership Network, and The Heritage Foundation’s Young Leaders Program. Send an email to Rachel. Twitter: @LRacheldG.

Internet Currencies and National Security

Internet currencies do not claim to replace state currencies, but even if the phenomenon is realized only partially, it is hard to dismiss the idea that it could deprive states and financial establishments that control the global financial system of their exclusive hold over means of payment. In the long term, if this phenomenon spreads and is not regulated, it could also have implications for internal stability. At present, regulatory bodies such as central banks in the West as well as in Israel appear fairly indifferent to internet currencies and their impact on various fields of activity, because they are not a familiar official currency, security, or asset. Israel would do well to accelerate the process of defining its approach to internet currencies, with an integrated examination of the subject by all the regulatory bodies involved, including cyber teams, and in collaboration with other elements worldwide.

An established financial system is critical to states and their citizens in all areas of life, and it is one of the characteristics of sovereignty. The development of means of payment and financial systems outside the control of states arouses much interest, including with reference to national security, in both the narrow and broader senses of this term. The issues include funding terrorist activity, raising capital by organizations committing terror and sabotage, bypassing sanctions, making secret payments for sensitive and prohibited materials and technologies (nonconventional WMD, surface to surface missiles, cyber capabilities), undermining established financial systems, interfering with tax collection, committing cyber and ransom crimes, laundering money, paying bribes, and damaging public funds. This article deals with this aspect of the phenomenon of virtual decentralized currencies, such as Bitcoin, Atrium, and others (hereafter: “internet currencies”).

Internet currencies are based on an advanced technology – “blockchain” – which enables them to exist on a secure internet network, in encrypted form, with no supervision by governments or central banks. Supporters of internet currencies point to their basic advantages compared to national currencies: they can be used for fast, reliable, and continuous money transfers at any time, without the intervention of a central entity. Proponents are encouraged by the growth of bitcoin usage in several countries, representing the breakthrough of virtual decentralized currencies. For example, since April 2016 Japan has recognized bitcoin as an official means of payment, and in December 2017, Chicago launched a “futures” market in Bitcoin. At the same time, senior economists around the world and heads of financial systems generally believe that investing in Bitcoin (and similar currencies) is a speculative gamble and that their rise in value relative to state currencies is simply a bubble.

There are several parameters regarding virtual currencies: the various types of decentralized virtual currencies (internet currencies), the phenomenon of internet currencies itself, virtual currencies in general (not only decentralized), and the new technology. There is broad consensus regarding the innovation represented by the blockchain technology, its value, and its potential future implementations, including within established financial systems and other areas.

Internet currencies can be used to pay for goods and services, conversion to other currencies, and investment. However, public access to and involvement in internet currencies is still low, their status is at this stage unclear, and they are subject to speculative investment. The sharp fluctuation in their exchange rates (against state currencies) makes it hard to see them as useful for commerce. All these factors work to restrain their wider use in business. Some of these features, such as high volatility, could also make it more difficult for hostile elements to exploit them (as described below), although the actual situation in this area is unknown and these features could change in the future. The big test for decentralized virtual currencies, as negotiable currency and as financial instruments, will come when there is regulation in this field, and if and when the behavior of these “currencies” is suitable in terms of stability, accessibility, the quantity of “money,” and so on. The question of user confidence is central, and therefore these currencies are very sensitive to risks, such as technical hitches, manipulations, fraud, insider trading, and cyber attacks, which could undermine this trust.

True, internet currencies do not claim to replace state currencies, but even if the phenomenon is realized only partially, it is hard to dismiss the idea that it could deprive states and financial establishments that control the global financial system of their exclusive hold over means of payment, just as the internet deprives states and the media of their exclusive control of information. With the existing systems, it is hard for the state to track “new money” and its usage, so the main risk posed to states by these currencies is the fact of financial activity moving beyond the state’s knowledge or reach. This includes the financial activity of terrorist and criminal organizations, which can use virtual currencies to pay their activists, acquire weapons on the black market, buy forbidden substances, launder money, and move money from country to country with no supervision. In the future, this currency system could also be used to bypass sanctions imposed on countries and hostile elements, including the purchase of banned substances and technologies, since it is a separate global financial system that is not controlled by states or banks.

In the long term, if this phenomenon spreads and is not regulated, it could also have implications for internal stability. These extra-state systems could enable private and business elements to operate outside the reach of state institutions within their own countries, or even without their knowledge, to avoid paying taxes, to take money out of bank accounts, and so on. These actions could also be done by individuals seeking to maintain the value of their money in countries where the local currency is subject to decline, where there are severe restrictions on foreign currency transactions, or where there is internal instability. Countries that feel threatened could take various defensive actions, such as banning the use of internet currencies and blocking access to trading sites and “digital wallets.”

At present, regulatory bodies such as central banks in the West as well as in Israel appear fairly indifferent to these currencies and their impact on various fields of activity, because they are not a familiar official currency, security, or asset. This phenomenon has apparently exposed a gap in the state regulatory system. Some regulators are not yet worried due to the limited scope of the phenomenon, relative to the vast global extent of commercial markets, capital, and supervised money, and because the internet currency system is separate from the established financial system. For example, on December 13, 2017, US Federal Reserve Chair Janet Yellen said that bitcoin is “a highly speculative asset” and “not a stable store of value,” is solely intended for speculation, accounts for a very marginal part of the payments system, and poses no risks for market stability. In other words, it does not replace the state currency, and if the “bubble” should burst soon, the resulting shockwaves will not be very strong. Nevertheless, it is clear that if the “bubble” continues to inflate, the extent of the damage will rise accordingly. China is following developments closely; in early December, Pan Gongsheng, a deputy governor of the People’s Bank of China, warned investors, saying: “There is only one thing we can do: sit by the river bank and one day we will see bitcoin’s body pass by.” Concern for the implications of bitcoin for the general public has also been expressed in South Korea, where the government is introducing regulation.

Israel is still formulating its position, although it has been aware of the phenomenon for several years. In an open letter of February 2014, the Bank of Israel warned the public about the dangers of using decentralized virtual currencies, and stressed that they were not legal tender, even though they were called “currencies.” The Bank said that “this is an activity with a high-risk factor with regard to money laundering and funding of terror,” since it facilitates anonymous financial transactions that bypass regulated systems. The position of the income tax authorities in Israel is that virtual currencies are not currencies or securities under the laws of the state, and therefore the sale of a virtual currency will be taxed like the sale of an asset, and the profit will be subject to capital gains tax. Shmuel Hauser, head of the Israel Securities Authority, characterized the recent rise in bitcoin rates as a “bubble” and brought up the need for a regulatory position on stock exchange companies dealing with these currencies.

Israel would do well to accelerate the process of deciding on its approach, with an integrated examination of the subject by all the regulatory bodies involved, including cyber teams, and in collaboration with other elements worldwide. At this stage, since the world has not yet reached firm decisions about internet currencies, state authorities should adopt a conservative approach. If the dangers embodied by internet currencies become clear, legislative and enforcement steps at the state level could indeed be an important part of the response. A fundamental solution will require international consensus. If extensive fraud is discovered, the system will collapse in any case. Yet even now it is important to promote, as much as possible, the formulation of responses to the various risks, including the prevention of “crime and terror funds.” It is also advised to make the most of the opportunity provided by the innovative technological aspects of these systems, as this could also make a contribution to established systems.

NOTE: *The article was written in the framework of the Economics and National Security Program at INSS. It should not be seen as recommending investment or commercial use of the phenomenon examined here.

Shmuel Even

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Muslim Woman Who Laundered Bitcoin for ISIS Entered U.S. via Chain Migration

So did at least two other jihadis, Pennsylvania cop shooter Ahmed Aminamin El-Mofty and New York City subway jihad bomber Akayed Ullah. How many is it going to take?

“Woman accused of laundering bitcoin for ISIS got U.S. visa thanks to family ties: officials,” Associated Press, December 23, 2017 (thanks to Blazing Cat Fur):

NEW YORK – Federal authorities say a Pakistani-born woman accused in a bitcoin scheme to help the Islamic State group got a visa allowing her into United States because of her family ties.

The Department of Homeland Security says Saturday that Zoobia Shahnaz, a naturalized U.S. citizen living on Long Island, benefited from a family-based immigration system Republican President Donald Trump says threatens national security.

Earlier this month, the 27-year-old Shahnaz was charged with laundering bitcoin and wiring money to the Islamic State group. After quitting her job, she was stopped at Kennedy Airport in July attempting to fly to Pakistan.

Shahnaz’s lawyer has said she was trying to help Syrian refugees….

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In 1 Chart: What’s in the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act is the most sweeping update to the U.S. tax code in more than 30 years. The recently released conference report would lower taxes on business and individuals, and unleash higher wages, more jobs, and untold opportunity through a larger and more dynamic economy.

The conference report is a serious effort to reform a complex and badly broken system that provides significant tax relief to the vast majority of taxpaying Americans.

Portrait of Adam Michel

Adam Michel

Adam Michel focuses on tax policy and the federal budget as a policy analyst in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation. Twitter: @adamnmichel.

RELATED ARTICLE: Trump’s Tax Reform Will Benefit Middle Class More Than Wealthy

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VIDEO: Democrats’ Favored DACA Amnesty Bill Would Cost $26 Billion

The legislative replacement for the Deferred Action for Childhood Arrivals program favored by most Democrats would add billions to the budget deficit, according to an estimate from Congress’ nonpartisan accounting shop.

The Congressional Budget Office released Friday its score of the Dream Act of 2017, a DACA amnesty bill that would provide legal permanent residence and, eventually, a path to citizenship for well over 1 million younger illegal immigrants. The CBO found that the Dream Act would increase the federal budget deficit by $26 billion over a decade, mostly by conferring eligibility for federal benefits to the amnestied immigrants.

dcnf-logo

Introduced earlier this year by Sen. Dick Durbin, D-Ill., and Sen. Lindsey Graham, R-S.C., the bill has become the DACA replacement of choice for congressional Democrats. Both Senate Minority Leader Chuck Schumer and House Minority Leader Nancy Pelosi have said they are committed to passing a “clean” Dream Act to legalize DACA recipients and other similarly situated illegal immigrants.

The Dream Act would direct the Department of Homeland Security to give lawful conditional status to illegal immigrants who were under 18 years old when they initially entered the U.S. and have lived here for at least four years prior to the bill’s enactment. Because of the Dream Act’s expansive eligibility criteria, the number of illegal immigrants who would benefit from the Dream Act is far higher than the DACA population of about 790,000.

The CBO estimates that about 2 million illegal immigrants would be granted conditional lawful permanent resident status under the Dream Act. “Roughly 1 million of the 1.6 million people receiving unconditional LPR status would become naturalized U.S. citizens during the 2018-2027 period,” the CBO cost estimate states.

Amnesty for that population would boost the deficit mainly through increased direct spending on Medicaid, health insurance subsidies, and food stamp benefits. On the revenue side, any tax gains from bringing illegal immigrants “on the books” would be largely offset because “increased reporting of employment income would result in increases in tax deductions by businesses,” according to the CBO’s estimate.

“As a result, corporations would report lower taxable profits and pay less in income taxes,” the CBO report added.

Democrats’ push for a “clean” Dream Act is unlikely to result in a DACA replacement before the end of the year, as immigration advocates and their allies on Capitol Hill have demanded.

Though Republicans have expressed support for crafting a legislative fix, both the White House and immigration hawks in Congress have insisted that any DACA replacement bill include border security enhancements and deeper reforms such as limits on chain migration and ending the Diversity Visa Lottery.

Republican leadership has also rejected the idea of including Dream Act provisions in the 2018 spending bill, which is due Friday.

ARTICLE BY:

Will Racke

Will Racke is a reporter for The Daily Caller News Foundation. Twitter: @hwillracke.

DITORS NOTE: Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities for this original content, email licensing@dailycallernewsfoundation.org.

5 Myths About Tax Reform, and Why They’re Wrong

Next week, the House and Senate will take their final votes on tax reform. The president’s goal is to sign the legislation into law before Christmas.

Although there are still some unknown details, the important parts of the bill for most Americans are already known and would greatly improve our current, woefully out-of-date tax code.

The bottom line is that taxpayers across America can expect a tax cut. The bill would lower tax rates for individuals and businesses, double the standard deduction, and significantly increase the child tax credit.

The bill is also pro-growth and pro-American worker. The economy could grow to be almost 3 percent larger at the end of 10 years. That translates to more than $4,000 dollars per household, per year. American families could finally get a real raise.

Americans deserve to know the truth about the proposed tax reform packages. There are several myths going around about what the proposed plan would do.

Here are a few of them, and why they’re wrong.

Myth 1: This is just a tax cut for the rich, and it will actually raise taxes for everyone else.

The truth is in fact the opposite. The Senate tax bill increases the amount of taxes paid by the rich and, according to the liberal Tax Policy Center, 93 percent of taxpayers would see a tax cut or no change in 2019. It found similar results for the House bill.

Both tax bills would actually increase the progressivity of the U.S. tax code. That means fewer people at the bottom will pay income taxes, and people at the top will see their share of taxes paid increase.

The Cato Institute’s Chris Edwards notes that the Senate tax bill cuts income taxes for people making $40,000 to $75,000 a year by about 37 percent. People making over $1 million see a cut of only 6 percent.

In two recent Daily Signal pieces, we calculated how 12 different taxpayers would fare under each of the tax plans. The results show that almost everyone will see a tax cut, and only the wealthiest families are at risk of their taxes going up.

Under the current tax code, the top 10 percent of income earners earn about 45 percent of all income and pay 70 percent of all federal income taxes. The U.S. tax code is already highly progressive, and these tax reforms will only increase the trend of the wealthy paying more than their share of income earned.

Myth 2: Repealing the individual mandate will raise taxes on the poor, raise insurance premiums, and kill 10,000 people a year.

Only in Washington can removing a tax penalty be considered a tax increase.

Tax reform will likely repeal Obamacare’s individual mandate, which imposes a tax penalty anywhere from $695 to upward of $10,000 for not purchasing the type of health insurance mandated by the federal government.

Depending on income and available health insurance options, the federally mandated health insurance comes with subsidies paid to the insurance company that can range from no more than a few dollars to over $12,000 a year per individual, and upward of $20,000 per year for families.

Repealing the mandate would not force anyone to give up their coverage or forego their current tax credits. It would just make the Obamacare insurance optional, and thus increase health care choices.

Eliminating the Obamacare individual mandate will not reduce any taxpayer’s income by a single cent. It will, however, reduce the tax bills of many individuals and families—based on their own choices—by hundreds, if not thousands, of dollars.

The individual mandate with its penalties is also not the “glue” that holds Obamacare together, as some have claimed. It never was.

“The lifeblood of the law is the generous taxpayer insurance subsidies, which attract and maintain the historically sluggish enrollment,” explains senior Heritage Foundation senior fellow Robert Moffit. Repealing the mandate will not precipitate doomsday for insurance premiums.

While it is extremely difficult to predict how insurance premiums would change without the individual mandate penalty, we do know that eliminating the penalty will prevent low- and middle-income individuals and families from having to subsidize the high medical costs of others.

One particularly outrageous claim is that due to people voluntarily choosing alternative health care solutions, 10,000 people will die each year because the government is no longer forcing Americans to buy health insurance.

Two economists reviewed these claims and found the exact opposite. They found that there is “poor evidence linking insurance coverage to mortality” and that “the mandate may in fact be elevating death rates in some populations.”

When you factor in the economic growth and higher wages from tax reform, the tax bill could actually save lives.

Myth 3: Corporations and their rich owners will receive a huge windfall.

Politicians who don’t want tax reform claim that cutting taxes for business will only help the rich.

Despite the name—“corporate” tax reform—the burden of the corporate income tax falls almost entirely on workers in the form of lower wages. Americans are undoubtedly skeptical about this claim, but the realities on the ground are actually quite simple.

When business taxes go down, workers’ wages go up.

That’s not just the result of corporate benevolence. Rather, wages rise because higher profits translate to additional investments that make workers more productive, and businesses that don’t pay workers what they are worth will lose them to competitors who do.

American corporations pay a federal income tax rate of 35 percent—one of the highest in the world. If tax reform can lower that rate to 21 percent, American businesses and the workers they employ will be globally competitive again. Businesses will invest more, hire more workers, and be forced by the laws of supply and demand to raise wages.

This is exactly what happened over the past decade and a half in neighboring Canada. In 2007, Canada began lowering its corporate tax rate. And guess what? Wages grew significantly faster in Canada than other comparable countries.

Most economic researchers agree. A recent review of 10 separate studies published between 2007 and 2015 concluded that when governments cut corporate taxes, workers receive almost all of the benefit through higher wages.

Myth 4: Tax reform will be bad for seniors.

Retirees may be the most concerned about what tax reform will mean for them, as most rely on relatively fixed incomes.

But, the proposed reforms are good news for retirees. For the most part, they would be less affected than other Americans, as the proposed reforms would not change the way Social Security and investment income are taxed.

Many retirees would in fact benefit from the tax bills’ doubling the size of the standard deduction.

While seniors’ earnings and pension income would be subject to new individual income tax brackets and rates, those changes would actually mean tax cuts—not increases—for an overwhelming majority of seniors and retirees.

Myth 5: Tax reform won’t grow the economy, it will only add to the debt.

Congress rightly allowed the tax reform bill to decrease revenues over 10 years by $1.5 trillion—about 3.5 percent of projected revenue. But such “static” budget scores provide zero useful information about how the reform will actually affect the deficit.

Properly designed tax reform will lead to a larger economy and higher wages. Each of these economic benefits can result in more tax revenue.

A recent Heritage Foundation analysis shows that the Senate tax reform bill could boost the size of the U.S. economy by almost 3 percent over the long run.

Other estimates are even more optimistic. Nine leading economists recently described how the economy could see a boost of up to 4 percent due to tax reform. The President’s Council of Economic Advisers believes the economy could grow between 3 and 5 percent, a range that was independently verified by three economists from Boston University.

Tax reform that grows the economy could result in more than $130 billion of new federal revenue in every year outside the current budget window. And that’s using the most conservative of the estimates above.

More optimistic estimates would bring in well north of $200 billion, making up most—if not all—of the static tax cut once the economy reaches its new larger potential.

Congress’ spending addiction shouldn’t stop tax reform, but the tax cuts will be short lived if Congress continues to increase spending every year.

The fact remains that our deficit cannot be eliminated with tax increases. Believing it can denies the fundamental problem: The deficit is driven by out-of-control spending. Spending is where congressional deficit hawks should turn their attention.

It is true that the proposed tax reform packages would mean big changes for individuals, families, and businesses across the United States. Overwhelmingly, however, these changes would be resoundingly positive.

Lower- and middle-income families would receive the largest tax cuts, and they would be the primary beneficiaries of business tax reforms that would generate higher wages and more job opportunities across America.

COMMENTARY BY

Portrait of Adam Michel

Adam Michel focuses on tax policy and the federal budget as a policy analyst in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation. Twitter: .

Portrait of Rachel Greszler

Rachel Greszler is a senior policy analyst in economics and entitlements at The Heritage Foundation’s Center for Data Analysis. Read her research.

RELATED ARTICLES: 

U.S. factories closed out 2017 with a boom.

GOP Lawmakers Target Another Obamacare Mandate in States

Immigrant Businessman Talks America’s Need for Tax Reform

Survey: Fear of Debt Won’t Stop Millennials from Spending More This Holiday Season

A new survey by Credible.com finds that millennials are planning as much or more on holiday shopping this year than they did last year, despite their growing fear of credit card debt.

To better understand how millennials think about budgeting, credit card debt, and spending around the holidays, we polled 500 18-34 year-olds in the U.S. who carry credit card debt.

Key takeaways

  • More than 70% of millennials plan to spend as much or more than they did last year, while only 30% said they plan to spend less.
  • Even though most respondents know they’ll spend as much or more than last year, nearly half of them (47.8%) don’t seem to have a budget.
  • Eight out of ten respondents (81%) who plan to spend money holiday shopping don’t intend to borrow money, or will repay new credit card debt right away. More than half (52.2%) will pay for their purchases with debit cards or cash.
  • However, a very small segment of millennial holiday shoppers (6.2%) say they plan to dig into their savings to pay for their gifts.

Haunted by the ghost of Christmas Present(s)?

More than 70% of respondents surveyed said that they planned to spend just as much or more on holiday shopping than they did the previous year.
This is despite that fact that an overwhelming number of respondents stated that credit card debt was the biggest fear in their lives, even scarier than the threat of war, or even death.

Worryingly though, budgeting seems overlooked, as less than half of all respondents said they know how much they plan to spend on shopping this year.

Creating and even sticking to a budget won’t make you immune to holiday debt — we all know how those little, last minute purchases can add up. But it’s crucial to set a limit for yourself before you hit the stores.

Because if you don’t…

We know what you’re getting for Christmas this year

It’s debt.

Debt seems to have become part and parcel of holiday shopping, with 16% of millennials planning to lean on their credit cards to finance their spending.

But it’s not all doom and gloom — eight out of ten (81%) respondents who plan to spend money holiday shopping seem to be shying away from borrowing, and plan to pay it off immediately if they do.

But wait…there’s myrrh

7.2%

The percentage of millennials who plan to withdraw from savings our take out a personal loan to pay for their holiday shopping

So intent are millennials on getting their holiday shopping done that more than 7% of millennials surveyed plan to dip into their savings, or even take out a personal loan, in order to pay for their Christmas purchases.

Needless to say, this is probably not the best idea, especially if you already have credit card debt, as all of our respondents do.

Sleighing your debt

It’s easy to get carried away during the holidays. But your credit card debt doesn’t have to sound the death knell for those sweet holiday deals you’re itching to take advantage of. These tips can help you keep your spending on track.

  • Set a (realistic) spending limit: Different strategies will work for different people. Some people do best at by setting individual budgets for each person on their gift list; others might find it easier to set a maximum amount for themselves and figure it out from there. But the most important thing to remember is that having some plan is better than not having one at all.
  • Carry cash: If you’re already struggling with credit card debt and you find it difficult to resist temptation, just carry cash. Withdraw the amount that you can afford to spend and leave your credit cards behind. This will force you to think about your budget and help you stay away from those impulse buys.
  • Take advantage of holiday sales: Planning is key if you want to get the best prices this holiday season. Make a list of potential gift items and start tracking them early. You can find some great discounts during Thanksgiving, Black Friday and Cyber Monday sales.
  • Prioritize paying off credit card debt: If all else fails, and you end up accruing some credit card debt, make a conscious effort to pay it off as quickly as possible. Carrying a balance on your credit card(s) can rack up your fees and interest costs and negatively impact your credit score

Methodology

We obtained this data by surveying 500 adults ages 18 to 34 who have credit card debt, and asking them the following questions:

  • Do you plan on spending more, the same, or less on holiday shopping this year than you did last year?
  • Do you know how much you plan to spend on holiday shopping this year?
  • How do you plan to pay for your holiday shopping this year?

The survey was conducted through Pollfish on October 24, 2017 as part of a study to illustrate millennials’ holiday spending behaviors.

Debunking the Left’s Myths on Net Neutrality

The end of the world is nigh.

That at least is the message being spread by last-ditch defenders of the Obama-era “network neutrality” rules, which Federal Communications Commission Chairman Ajit Pai has scheduled for elimination later this month.

The imminent repeal of these rules has sent red tape supporters into rhetorical overdrive. The internet as we know it is threatened, they say, as is democracy itself, with the digital world descending into a nasty, brutish, and unregulated existence.

Don’t believe it. Imposed in 2015 by the Obama-era FCC, these rules richly deserve to be tossed.

Based on public utility-style regulatory schemes from the days of Ma Bell’s monopoly, net neutrality prohibits internet service providers (such as Verizon and Comcast) from offering differentiated service to content providers (such as Google and Facebook) using their networks.

In other words, every bit and byte must be handled the same as every other bit and byte.

This sounds fair enough, until you look at what such government-enforced equality means in real life.

First, discounted and premium service offerings—essential elements of just about every functioning market in the U.S. economy—are banned. Imagine a law that says you have to pay sticker price for a new car, and you’ll get the idea.

But wait, there’s more. The internet is a complex place, and that is reflected in the rules.

Network efforts to provide security or intellectual property are OK if “reasonable.” Network-to-network traffic is not covered, nor is cable television programming.

A “general conduct” provision bans other disfavored activity not explicitly listed, on a case-by-case basis. No definition is provided, and everything from caps on the data you use to free content on your cellphone have been suggested as practices to ban. All you have to do is ask the FCC for permission in advance.

The commission could not have found a surer way to discourage innovation if it tried.

Investment in broadband—which had been the largest of any industry—has also taken a beating, going down for the first time ever in a non-recession year.

But what of the dire warnings of the supporters of net neutrality? Without neutrality regulation, big internet service providers will increase costs and drive little firms out of the market, the rule’s defenders say.

Similarly, supporters argue that big firms could use their market power to stifle political views with which they disagree.

But there is no evidence such anti-competitive behavior ever took place before the present rules were adopted in 2015. Moreover, the largest (and presumably most dangerous) firms in the world, including Google and Facebook, are leading advocates of neutrality regulations.

The proponents of regulation, in fact, have the effects of enforced neutrality exactly backward. Rather than driving new small players out of the market, differentiated service gives these small players a means by which to compete with their larger rivals.

The best way to compete is to offer something your competitor does not. Premium services or low-cost services can provide that edge. A website might optimize its business with premium broadband connections, or cut its costs with bare bones internet service. But the FCC neutrality rules take away that possibility, further entrenching big content providers in place.

Lastly, it should be noted that elimination of neutrality rules will not leave the broadband marketplace unregulated. Rather, the marketplace for broadband will be regulated by the same rules that apply to most other parts of the economy: antitrust. The antitrust laws, while not perfect, can provide an important backstop should any anti-competitive practices take hold.

Americans should ignore the Chicken Little squawking of neutrality supporters. The real threat to the internet comes not from too little government interference in its management, but from too much.

COMMENTARY BY

Portrait of James Gattuso

James Gattuso handles regulatory and telecommunications issues for The Heritage Foundation as a Senior Research Fellow in its Roe Institute for Economic Policy Studies. Read his research. Twitter: .

A Note for our Readers:

Trust in the mainstream media is at a historic low—and rightfully so given the behavior of many journalists in Washington, D.C.

Ever since Donald Trump was elected president, it is painfully clear that the mainstream media covers liberals glowingly and conservatives critically.

Now journalists spread false, negative rumors about President Trump before any evidence is even produced.

Americans need an alternative to the mainstream media. That’s why The Daily Signal exists.

The Daily Signal’s mission is to give Americans the real, unvarnished truth about what is happening in Washington and what must be done to save our country.

Our dedicated team of more than 100 journalists and policy experts rely on the financial support of patriots like you.

Your donation helps us fight for access to our nation’s leaders and report the facts.

You deserve the truth about what’s going on in Washington.

Please make a gift to support The Daily Signal.

SUPPORT THE DAILY SIGNAL

EDITORS NOTE: The featured image is of a man protesting outside the Los Angeles federal building ahead of a December FCC vote to roll back net neutrality rules. (Photo: Jim Ruymen/UPI/Newscom)

In 1 Chart, the Differences Between the House and Senate Tax Reform Bills

The House and Senate have now each passed different versions of Tax Cuts and Jobs Act.

Both bills are a big improvement to America’s out-of-date tax code and could boost the economy by almost 3 percent, leading to more jobs and higher wages for working Americans.

Both bills cut taxes for individuals and businesses, largely repeal the state and local tax deduction, and allow businesses to invest more in the American economy through temporary expensing.

The bills now head to a conference committee where a unified bill will be crafted. Here are some of the major differences you need to know about:

In addition to these differences, the House bill repeals or scales back many credits and deductions that are largely left intact by the Senate.

For example, the House bill caps the mortgage interest deduction for future home buyers; repeals the deductions for medical expenses, private activity bonds, and student loan interest; and eliminates credits for historic rehabilitation, energy production, and orphan drugs. The Senate largely leaves each of these provisions intact.

The conference committee has a tough, but doable, job ahead of it. It has the opportunity to borrow the best components of each bill to further enhance the proposed reforms’ benefits for all Americans.

COMMENTARY BY

Portrait of Adam Michel

Adam Michel focuses on tax policy and the federal budget as a policy analyst in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation. Twitter: .

RELATED ARTICLE: These 229 Businesses and Groups Support Tax Reform

A Note for our Readers:

Trust in the mainstream media is at a historic low—and rightfully so given the behavior of many journalists in Washington, D.C.

Ever since Donald Trump was elected president, it is painfully clear that the mainstream media covers liberals glowingly and conservatives critically.

Now journalists spread false, negative rumors about President Trump before any evidence is even produced.

Americans need an alternative to the mainstream media. That’s why The Daily Signal exists.

The Daily Signal’s mission is to give Americans the real, unvarnished truth about what is happening in Washington and what must be done to save our country.

Our dedicated team of more than 100 journalists and policy experts rely on the financial support of patriots like you.

Your donation helps us fight for access to our nation’s leaders and report the facts.

You deserve the truth about what’s going on in Washington.

Please make a gift to support The Daily Signal.

The Obamacare Mandate Is a Tax, So the Senate Bill Is Correct

The Supreme Court saved the program by calling it a tax. It should be repealed like a tax.

Jeffrey A. Tucker

by  Jeffrey A. Tucker

The Washington Post is outraged. The New York Times even more so.

Commentators are going nuts.

“Using a tax bill to abolish the individual mandate amounts to a backdoor way of sabotaging Obamacare,” writes John Cassidy.

“Republicans, and Donald Trump, have counted on that (as well as your limited outrage bandwidth) in slipping an Affordable Care Act mandate repeal inside their insidious tax bill,” writes Bridget Read.

All this howling is due to how the GOP-controlled Senate used a tax bill to repeal a health bill. The implication is that this is something shady and duplicitous, like an exercise in false pretense.Actually, there is absolutely nothing shady about the repeal of the Obamacare mandate. There is no back door here. No bait and switch. Obamacare’s much-despised individual mandate is, in fact, a tax. It is properly dealt with in a tax bill.

Don’t take my word for it. This is precisely what the Supreme Court itself ruled in National Federation of Independent Business v. Sebelius (2012). It was widely seen as the ruling that codified Obamacare, giving it the constitutional gloss it needed to stay a law.

The law has been challenged on many grounds but one of which was that it is unconstitutional for Congress to force the people to purchase a service. The court said that this might not pass muster if that were what Congress was doing. Instead, ruled a 5 to 4 majority, the individual mandate should be considered a tax like any other. Taxes are permissible. Therefore Obamacare is completely fine.

Said the Court:

The Affordable Care Act’s requirement that certain individuals pay a financial penalty for not obtaining health insurance may reasonably be characterized as a tax. Because the Constitution permits such a tax, it is not our role to forbid it, or to pass upon its wisdom or fairness.

Further:

It is abundantly clear the Constitution does not guarantee that individuals may avoid taxation through inactivity. A capitation, after all, is a tax that everyone must pay simply for existing, and capitations are expressly contemplated by the Constitution. The Court today holds that our Constitution protects us from federal regulation under the Commerce Clause so long as we abstain from the regulated activity. But from its creation, the Constitution has made no such promise with respect to taxes.

To be sure, the ruling was a bit of an embarrassment for Obamacare proponents because they never liked to talk about the mandate as a tax. It was a payment for wonderful services. The Court said it is true that forcing people to buy something would contradict precedent. So in order to beat back the challenge, the majority found a clever way of redefining the nature of the mandate itself.

At this, Obamacare proponents, while a bit red faced, expressed relief. At least the legislation gets to stay, thanks to an ideologically driven court majority.

The Senate is merely deferring to what the court said and nothing more. The highest court in the land said that the mandate – which is the heart of the legislation – should be regarded as a tax. Fine. The Senate couldn’t repeal the bill in healthcare legislation. So they listened to the court and did exactly what they were supposed to do all along: treat the monstrosity as a tax in a tax bill.The people who are outraged today are only tasting their own medicine, nothing more.

Thus should the repeal be seen as another way in which this legislation is a tax cut for the American people. Will it destabilize health insurance markets? Yes and no. Without the mandate, Obamacare might not survive. But Obamacare is not a real market. It is a fake market. You know this because the many mandates effectively abolish market signaling.

What this tax repeal does is begin to let the market function again. True, there are many more reforms that are necessary to make health insurance work properly again. But this is a good beginning. And it was done entirely properly, precisely as the Supreme Court itself said it should be done.

Jeffrey A. Tucker

Jeffrey A. Tucker

Jeffrey Tucker is Director of Content for the Foundation for Economic Education. He is founder of Liberty.me, Distinguished Honorary Member of Mises Brazil, economics adviser to FreeSociety.com, research fellow at the Acton Institute, policy adviser of the Heartland Institute, founder of the CryptoCurrency Conference, member of the editorial board of the Molinari Review, an advisor to the blockchain application builder Factom, and author of five books, most recently Right-Wing Collectivism: The Other Threat to Liberty, with a preface by Deirdre McCloskey (FEE 2017). He has written 150 introductions to books and many thousands of articles appearing in the scholarly and popular press. He is available for press interviews via his email.

Why Capitalism is a fundamental Right of Man

Thomas Paine wrote a book titled Rights of Man. The Rights of Man posits that popular political revolution is permissible when a government does not safeguard the natural rights of its people. The Rights of Man begins thusly:

To

GEORGE WASHINGTON

PRESIDENT OF THE UNITED STATES OF AMERICA

SIR,

I PRESENT you a small Treatise in defense of those Principles of Freedom which your exemplary Virtue hath so eminently contributed to establish.–That the Rights of Man may become as universal as your Benevolence can wish, and that you may enjoy the Happiness of seeing the New World regenerated the Old, is the Prayer of

SIR,

Your much obliged, and Obedient humble Servant,

THOMAS PAINE

Paine was addressing the Declaration of the Rights of Man and of the Citizen written in France after their revolution. The basic principle of the Declaration was that all “men are born and remain free and equal in rights” (Article 1), which were specified as the rights of liberty, private property, the inviolability of the person, and resistance to oppression (Article 2).

Capitalism is defined as:

A social system based on the principle of individual rights. Politically, it is the system of laissez-faire (freedom). Legally it is a system of objective laws (rule of law as opposed to rule of man). Economically, when such freedom is applied to the sphere of production its result is the free-market.

Therefore capitalism is a basic right of man or in more modern terminology a human right.

To take away one’s property is to take away their ability to survive. Take away a farmer’s land and you take away a farmer’s ability to reap what he has sown. The farmer can no longer feed his family nor sell what he has reaped to feed others. If the state (government) controls the dirt (land) then it controls the people.

This is what the American Revolution was all about. Unchaining the people from serfdom to the King of England. 

As Friedrich A. Hayek, in his book The Road to Serfdom wrote:

It is true that the virtues which are less esteemed and practiced now–independence, self-reliance, and the willingness to bear risks, the readiness to back one’s own conviction against a majority, and the willingness to voluntary cooperation with one’s neighbors–are essentially those on which the of an individualist society rests.

Collectivism has nothing to put in their place, and in so far as it already has destroyed then it has left a void filled by nothing but the demand for obedience and the compulsion of the individual to what is collectively decided to be good.

Capitalism is the opposite of obedience and compulsion.

Capitalism can exist even in the most repressive societies, such as in Communist Cuba. In my column My Visit to Cuba — An American in Havana I wrote:

What I observed is that the Cuban people have great potential if they are unleashed and allowed to earn what they are truly worth. Socialismo (socialism) is slowly but surely killing their lives and doing them great harm. I noticed on the ride West of Havana through the rural areas of Cuba hundreds of people waiting along the road trying to get a ride. Some were nurses in their white uniforms thumbing rides to the hospital where they are needed. I saw horse drawn carriages along the major highway carrying people because the public transportation system cannot keep up with the demand. The horses and cattle we saw were emaciated. The roads were in poor shape including the national highway system.

As one Cuban man put it, “the people have no love for their work.” They have no love for their work because Cuba needs a change in direction.

A love for work comes from the rewards of one’s efforts. Take that away and you remove the soul of the individual. You remove his purpose in life. You remove the one of the fundamental rights of man.

There are those who believe the polar opposite. There are those who believe that central control trumps individual freedom. There are those who are being taught that capitalism is evil, until the time that they must earn enough to feed themselves.

There was a time in America when there were only two classes of citizens, the working class and the non-working class. The working class took care of the non-working class. Economic classification is identity politics (a.k.a. Cultural Marxism) writ large. It is designed to put the poor (those earning below a certain wage determined by government) against the rich (those earning above a certain wage determined by the government).

During his inaugural address President Trump stated:

Today’s ceremony, however, has very special meaning. Because today we are not merely transferring power from one Administration to another, or from one party to another – but we are transferring power from Washington, D.C. and giving it back to you, the American People.

For too long, a small group in our nation’s Capital has reaped the rewards of government while the people have borne the cost.

[ … ]

The establishment protected itself, but not the citizens of our country.

[ … ]

That all changes – starting right here, and right now, because this moment is your moment: it belongs to you.

President Trump is an American. He believes in the rights of man. He is a capitalist. He is everything that Washington, D.C. hates.

RELATED ARTICLE: The Origins of the ‘Cult of Political Correctness’ [a.k.a. Cultural Marxism]

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