The president of Americans for Tax Reform told Big League Politics President Donald J. Trump’s push to eliminate federal taxes on inheritances as part of his tax reform package is critical to a pro-growth agenda.
“Abolishing the death tax does all three,” he said. “It is a key part of pro-growth tax reduction and simplification.”
Norquist said he is also counting on Rep. Kevin Brady (R.-Texas), the chairman House Ways and Means Committee, the committee with jurisdiction over the federal tax code. “Brady has been a leader in the struggle to once and for all kill the death tax.”
— Ways and Means GOP (@WaysandMeansGOP) October 6, 2017
Although Karl Marx called for the elimination of inheritance and the left has long celebrated the death tax as a key to creating a more equal society, the tax was established in the United States to raise money for the military.
“The death tax was imposed on Americans to run the Civil War,” Norquist said.
“The war ended, the death tax stayed,” he said. “The good news is that abolishing the death tax has long had the support of more than 70 percent of Americans. We reject the politics of envy and greed that drive so many other nations.”
The White House has an ambitious plan to pass the president’s tax reform proposal before the end of the year and the beginning of the 2018 tax year. The plan is to have a bill pass out of the House in October, one out of the Senate in November and then, have any differences between the two bills resolved for Trump’s signature in December.
House Republicans took the first step Thursday when they passed a budget bill for fiscal 2018, which allows for Trump’s tax reform plan to be considered on the budget track. In the House this is not an issue because the GOP has an effective majority. However, in the Senate, Republicans can only lose two of their 52 senators, and even then would need Vice President Michael R. Pence to break a 50-50 tie.
Under Senate rules, legislation cannot be brought up for a vote without at least 60 senators voting to end debate. Failure to end debate, or achieve cloture, means the bill can never come to the floor for a vote. Because of this rule, 41 senators can block, or filibuster, any legislation–except for bills considered on the budget track.
Republicans used this tactic in their push to reform President Barack Obama’s 2010 Patient Protection and Affordable Care Act, Obamacare, but even with the lower vote threshold, the GOP was unable to secure the 50 votes.
In another era of Capitol Hill politics, the real legislative battle was in the House-Senate conference committees, where delegates from each chamber would emerge with a single bill that has to pass each chamber before going to the president’s desk.
With both chambers controlled by the Republicans, the conference is increasingly sidestepped, in favor of one of the chamber simply accepting the other chamber’s text and sending it along.
What has not changed is the challenge of the autumn calendar.
The House only has 24 legislative business days scheduled through the end of the year with significant recesses planned Oct. 14 through Oct. 22 and from Nov. 17 through Nov. 27. The last day the House have slated for legislative business is Dec. 14, which falls on a Thursday, the customary get-away day for House members.
Senators return to Capitol Hill Oct. 16 and the Senate calendar has 44 days open for legislative business, but so much Senate business is dependent on House action that this number is in flux.
Any business carried on passed Dec. 14 would be in the context of agitated lawmakers behaving more like hostages than statesmen. The imagination has not yet come up with a bill that could not pass the House and Senate if voting for that bill meant congressmen and senators could next hit the exits for the intern-driven car parked outside with the engine running ready to take them to the airport.
Often in legislative battles, the field is won or lost based on a single skirmish and for the president’s tax reform plan that skirmish is the debate on whether or not to continues to levy a tax on an individual’s assets over the $5 million exemption.
Everyone would consider an individual worth more than $5 million wealthy, but if the individual owned a farm or ranch or business, the value of land, structures and equipment climbs up to and beyond $5 million easily. This means that the family is forced to sell off the farm, ranch or other business or take out a death tax mortgage in order to pass the enterprise onto the next generation.
The President of the American Business Defense Council Dick Patten told Big League Politics he is trying to get a message to the president through different channels, but he has not been able to confirm it has been received. “What I want him to do is say: ‘The point you are making about this plan saving my family the $4 billion death tax bill from my $10 billion business empire really is the point—thank you for making it.’”
When the ranchers, farmers and small businessmen hear that the death tax would take away 40 percent of the business, he spent a lifetime building, across America people will get it, because it is what is happening to them, too, he said.
“Seventy-two percent of all jobs come from family businesses,” he said.
Phil Kerpen, the leader of American Commitment, told Big League Politics the Democrats led by Senate Minority Leader Charles E. “Chuck” Schumer (D.-N.Y.) are targeting the death tax section of the larger tax reform package because it allows them to revert back to their old playbook and rail against tax cuts for the rich.
“The rest of the bill is really well-balanced and focused on the middle-class and creating a more competitive business environment,” he said.
— Chuck Schumer (@SenSchumer) October 4, 2017
“Schumer is already going after the ‘estate tax,’ which is what they call it,” Kerpen said.
“All the liberal editorial pages will go nuts, but it is a very flawed political strategy. Every poll, ever, that asked the question in an honest and straightforward way, shows the American people will overwhelmingly support repeal and don’t think there should be a tax at death and that it is unfair and immoral to tax already taxed assets,” he said.
“People pay taxes every day of their lives, so whatever is left over has been taxed repeatedly their entire lifetime—people look at it as a moral issue; They don’t look at it as a class warfare sort of thing—but the Democrats think they do.”
Democrat Congressmen Introduce Term Limits Legislation for SCOTUS Justices As Trump Prepares Nominee
Three Democrat members of Congress are introducing legislation to institute term limits for Supreme Court justices, as President Trump prepares to nominate his third candidate for the court following the death of progressive liberal Ruth Bader Ginsburg.
Democrats Joe Kennedy, Ro Khanna, and Don Beyer are proposing legislation that would limit SCOTUS justice to a maximum term of eighteen years on the court.
Lifetime appointments to the highest court in our land undermine our democratic process and erode progress in our nation.
We must enact 18 year term limits on our Supreme Court justices to continue our march towards a more perfect union. https://t.co/9fCyggP686
— Rep. Joe Kennedy III (@RepJoeKennedy) September 25, 2020
Khanna has proposed an idea that would allow Presidents to appoint two judges in each term. “Senior” members of the court would be required to basically retired for every new member of the court.
When I first ran for Congress in 2014, I proposed limiting terms of Supreme Court Justice to 18-appointments.
Given the recent, dramatic politicization of the Court, it's time for real reform.
— Rep. Don Beyer (@RepDonBeyer) September 25, 2020
It’s pretty funny the Democrats are uniting behind these proposals the moment they appear primed to lose control of the Supreme Court for a generation. They weren’t complaining when Obama was trying to replace Antonin Scalia with progressive Merrick Garland, even going so far as claiming that the stealth liberal was entitled to the seat. Reports emerging Friday suggest that President Donald Trump intends to nominate Amy Coney Barrett, a mostly conservative judge with a pro-life and immigration hawk judicial record.
The judicial branch of government is arguably the most flawed element of American governance, and it’s highly questionable how institutions such as the Supreme Court are able to appoint themselves a nearly unlimited amount of political power.
A better reform proposals would be to institute term limits for justices that only go into effect after the current members of the court vacate their seats. Anything else is simply a political power grab.
Politics3 days ago
Judge Amy Coney Barrett Recently Approved Democrat COVID-19 Lockdown Policies
Campaign 20204 days ago
WATCH: Joe Biden Struggles to Read Scripted Answers off a Teleprompter During An INTERVIEW
Big League Guns2 days ago
As Black Lives Matter Terrorists Burn Down America, Ben Shapiro Endorses Gun Control
The Swamp2 days ago
CORRUPT: Hunter Biden Received $3.5 Million From Moscow Mayor’s Wife, Made Payments to Human Trafficking Suspects
White House2 days ago
Trump’s DHS Ignores Far-Left BLM/Antifa Terrorists, Declares So-Called ‘White Supremacists’ to Be Top Domestic Terror Threat
ANTIFA4 days ago
EXPOSED: BLM Promises to Burn Louisville to the Ground Over Breonna Taylor Case
States3 days ago
Billionaire Mike Bloomberg Pays $16 Million in Fines of Black and Hispanic Felons to Enable Them to Vote
Campaign 20203 days ago
WATCH: Lois Frankel is Exposed for Fomenting Black Lives Matter Terror in New Pro-Laura Loomer Ad