Please disable your Ad Blocker to better interact with this website.

Connect with us

Congress

Club for Growth: House GOP must fix four serious flaws in Speaker Ryan’s tax bill

Published

on

Club for Growth President David M. McIntosh announced Tuesday he has significant reservations about Speaker Paul D. Ryan Jr. (R.-Wis.)’s current tax reform bill now making its way through the House Ways and Means Committee.

“While the corporate tax cut will lead to some increase in our nation’s Gross Domestic Product, the rest of the provisions on individual taxpayers fails the pro-growth test,” McIntosh said.

“Republicans must correct at least four serious shortcomings of the House bill to follow through on campaign promises and to bring our nation closer to a tax reform proposal that is truly pro-growth,” he said.

“No. 1, the millionaires’ tax rate: House Republicans are engaging in class warfare the likes of which would make Democrats green with envy. Instead of following through with the promise of taking seven brackets and simplifying them to three, Speaker Paul Ryan and Chairman Kevin Brady added in a fourth bracket exclusively for millionaires,” he said. Rep. Kevin Brady (R.-Texas) succeeded Ryan as chairman in the fall of 2015, after Ryan took the speaker’s gavel.

Trending: Conservative Teen Activist CJ Pearson Challenges David Hogg To A 1-On-1 Basketball Game

“No. 2, the 45.6 percent “bubble” phantom tax increase: As The Wall Street Journal noted, some individuals and couples could face up to 45.6 percent marginal rate on earnings between $1.2-1.6 million. That’s a real tax increase on successful people who invest and create jobs,” he said.

“No. 3, pass throughs: Once again, Republicans fail the truth in advertising test here. At first glance, the House GOP bill looks as if it introduces a degree of tax parity for small and family-owned businesses by taxing them at 25 percent. But then there’s a catch, only the first 30 percent of their income will be taxed at the 25 percent rate, the remaining 70 percent is taxed as much as 45.6 percent,” he said.

“The blended, real effective marginal rate is at least 35 percent and can even be higher,” said McIntosh, a former Indiana congressman. “That means no tax cut at all for most small business and family-owned companies.”

McIntosh said he was confused about why Ryan would insist on fourth flaw.

“No. 4, the death tax: Instead of taking this golden opportunity to rid Americans from being taxed even after they’ve died – on assets that they already paid taxes on when living – the House Republican plan waits a full six years before repealing it. Our question is, why wait?” he asked.

“All in all, this bill must be changed if Republicans intend to keep their promise of real pro-growth, job-creating tax cuts.”

Neil W. McCabe is a Washington-based political journalist and editor. Before joining Big League Politics, he was the Capitol Hill correspondent for Breitbart News, where he also led Breitbart's political polling operation and wrote up the Breitbart-Gravis polls. McCabe's other positions include the One America News DC Bureau Chief, a senior reporter at Human Events and a staff reporter at The Pilot, Boston's Catholic paper. McCabe also was the editor of The Somerville News, The (North Cambridge, Mass.) Alewife and served as an Army combat historian in Iraq. His 2013 e-book The Unfriendly Skies examined how the American airline industry went from deregulation in the late 1970s to come full circle to the highly-regulated, highly-taxed industry it is today.

 

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.

2018 Midterms

Week After U.S. Senate Nomination, Virginia Delegation Silent on Corey Stewart

Published

on

A full week after Corey Stewart won the GOP nomination for U.S. Senate in Virginia, earning the right to take on  incumbent Sen. Tim Kaine (D-VA), elected officials at the highest level of the Virginia GOP have failed to announce their support for the candidate.

In fact, they have actively avoided the question, and predictably, Democrats have seized on the opportunity to make them look foolish.

GOP Rep. Barbara Comstock (VA-10) dodged American Bridge’s questions a few days ago:

Big League Politics reached out to Comstock personally, and to her office. Neither returned a request for comment.

Alleged Republican Rep. Scott Taylor (VA-02) would not talk either:

“Reach out to my office,” Taylor said.

Big League Politics did just that. Timothys Foster, Talyor’s spokesman, did not return our email request for comment.

Republican Rep. Dave Brat failed to express support for Stewart too, though he came close.

“Judeo-Christian values, that’s what I’m running on,” said Brat. “I’ll support anyone who shares those values.”

Brat did not respond to Big League Politics’ request for comment either.

Stewart was embroiled in controversy during his primary run after the neo-liberal website Daily Wire ran a dishonest hit piece on him, claiming that he was an anti-Semite. There is no proof to support the allegation, other than Stewart’s support for Paul Nehlan, who made anti-semitic remarks. At the time of the questionable comments, Nehlan had the support of most of the GOP. He has since wholly denounced by the Stewart and the rest of the party.

For their part, the Republican Party of Virginia expressed support for Stewart via Twitter. When Stewart appeared on CNN for an interview with host Chris Cuomo, the liberal anchor tried to peg Stewart as a racist. Stewart replied by pointing out that Cuomo’s family has long been tied to anti-Semitism.

Former RPV executive Shaun Kenney denounced the party’s support.

“It’s not just eccentric, it’s offensive,” he said. “In a previous era, had a member of RPV staff issued comments like that, I would have fired them on the spot.”

The morally superior virtue-signaling will get the Virginia GOP nowhere.  Making false allegations of racism is a decades-old strategy used by Democrats against Republicans. They make the same claims against nearly every GOP candidate running for an important office.

But the establishment GOP, no matter how many times the Democrats have played the race card, still have not figured out the left’s tricks.

It is time to stand with Corey Stewart. Anything less is de facto support for Hillary Clinton sycophant Kaine, a hard-leftist who has failed Virginians in his tenure as a Senator.

 

Continue Reading

Congress

Disgraced FBI Agent Strozk Willing to Testify Before House Judiciary Committee

Published

on

A disgraced FBI agent who promised his colleagues that he “will stop” President Donald J. Trump from being elected is willing to testify before the House Judiciary Committee, according to a letter sent by his attorney Sunday.

According to the letter that was obtained by CNN,  Aitan Goelman, lawyer for FBI agent Peter Strzok, says that House Judiciary Chairman Bob Goodlatte’s pursuit of a subpoena to compel Strzok to testify is “wholly unnecessary.”

Strzok “has been fully cooperative with the DOJ Office of Inspector General” and “intends to voluntarily appear and testify before [the House Judiciary] committee and any other Congressional committee that invites him.”

The recently released Inspector General’s report brought to light more anti-Trump text messages between Strzok and his lover, fellow agent Lisa Page. Both were terrified of a Trump presidency and apparently willing to try to stop it.

Big League Politics reported:

Rep. Mark Meadows said that this information was withheld from Congress — clearly by deputy attorney general Rod Rosenstein and others.

This proves definitively what observers already know: James Comey’s FBI was weaponized against Trump in order to help Hillary Clinton win the election. Clinton was already the Democratic nominee when the following exchange occurred, courtesy of Thursday’s Inspector General report by Michael Horowitz. The conversation occurred on August 8, 2016:

“Lisa Page: [Trump is] not ever going to become President, right? Right?!

Strzok: No. No he’s not. We’ll stop it.”

BLP Passage Ends.

Strzok also rigged the warrant of disgraced former Democratic Congressman Anthony Weiner’s laptop to protect Hillary Clinton from the damaging information it contained.

“On October 29, 2016 Strzok broke FBI policy and emailed a sealed draft warrant for the Weiner emails to his personal email, ” former FBI Special Surveillance Group member Chuck Marler told Big League Politics. “Obviously he wanted to work on the draft out of view of the FBI and most likely allow someone else to view it for their input. What did he put in the warrant that was filed the following day”

Strzok appears willing to testify before the Committee without immunity and without invoking his Fifth Amendment rights against self-incrimination.

Continue Reading

Congress

Oversized: Rosie O’Donnell Makes Potentially Illegal Campaign Donations

Published

on

According to a New York Post analysis of campaign filings, Rosie O’Donnell made illegally oversized donations to five federal Democrat candidates.

“Nothing nefarious,” the washed up comedian and Donald Trump critic said. “I was not choosing to over donate.”

But O’Donnell regularly broke the Federal Election Commission’s rules that limit donations to $2,700 per candidate per election campaign. The limit is applies separately to primaries, run-offs, and general elections, with each considered a new race.

“If 2700 is the cut off — [candidates] should refund the money,” she said. “I don’t look to see who I can donate most to … I just donate assuming they do not accept what is over the limit.”

But intent is not an element of the crime, and O’Donnell’s blind faith that politicians would simply return her money if she over-donated is either pathetically naive or a lie to cover for herself.

O’Donnell donated $4,700 to Sen. Doug Jones (D-AL) in his race against Judge Roy Moore. Jones won the race by

She also gave $3,700 to Rep. Conor Lamb, (D-PA), $2,950 to Rep. Adam Schiff (D-CA), $4,200 to Lauren Underwood, a current Illinois congressional candidate, and $3,450 to Omar Vaid, an outsider congressional candidate from Staten Island, NY.

“My anxiety is quelled by donating to those opposing Trump [and] his agenda — especially at night — when most of these were placed,” she said.

Don’t worry plebeians, O’Donnell quells her anxiety by throwing bundles of cash at Democrats and breaking the law. Perhaps someone at the FEC can alert her that there’s medicine for that. And people still wonder why the political left is so out of touch with the average American.

According to campaign finance lawyer Jan Witold Baran, donors are rarely fined for excess contributions and then only if they are hiding the donations from the recipients. She said that campaigns generally are not penalized for isolated contributions over a limit.

Candidates who receive excess donations are allowed simply to roll the excess funds over to their next campaign.

In effect, the law is useless as it is seldom enforced. Leave it to the D.C. swamp.

“I also maxed out to Cynthia Nixon,” O’Donnell told the Post. “And I loathe Jeannine Pirro.”

Continue Reading

Latest Articles

Our Privacy Policy has been updated to support the latest regulations.Click to learn more.×

Send this to a friend