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A federal judge handed the Trump administration a win Monday, dismissing a lawsuit from states with high taxes. The lawsuit asked U.S. District Judge J. Paul Oetken to block the Tax Cuts and Jobs Act's limit on how much people can deduct in state and local taxes (SALT). The provision effectively raised the tax burden on citizens of high-tax states.

Americans on average spent more on taxes in 2018 than they did on the basic necessities of food, clothing and health care combined, according to the Bureau of Labor Statistics Consumer Expenditure Survey. The survey's recently published Table R-1 for 2018 lists the average "detailed expenditure" of what the BLS calls "consumer units." "Consumer units," says BLS, "include families, single persons living alone or sharing a household with others but who are financially independent, or two or more persons living together who share major expenses." In 2018, according to Table R-1, American consumer units spent an average of $9,031.93 on...

In the midst of all the impeachment crap -and let us not mince words, it is all crap - New York Democratic Socialist Rep. Alexandria Ocasio-Cortez announced a package of six bills as part of what she calls "A Just Society." This is her latest attempt to turn the United States into a socialist nation since the Green New Deal really has not gone anywhere, aside from the fantasies of eco-fundamentalist freaks rife with delusional climate anxiety. The key promises of this "Just Society" is your right to not to be fat and have perfect mental health, illegal immigrants receiving...

In 2008, Barack Obama won 26% of the evangelical vote; in 2012, he won 21%. Hillary Clinton won 16%. If she had simply replicated Obama's performance among evangelicals, she would likely be President. In his new book, Do We Have a Center? 2016, 2020 and the Challenge of the Trump Presidency, Walter Frank, author of Law and the Gay Rights Story and Making Sense of the Constitution, warns that Democrats ignore the many lessons of the 2016 campaign at their peril. "The Democrats," Frank counsels, "are in grave trouble if they don't understand exactly what happened in 2016 and all...

Democratic donors on Wall Street and in big business are preparing to sit out the presidential campaign fundraising cycle — or even back President Donald Trump — if Sen. Elizabeth Warren wins the party’s nomination. In recent weeks, CNBC spoke to several high-dollar Democratic donors and fundraisers in the business community and found that this opinion was becoming widely shared as Warren, an outspoken critic of big banks and corporations, gains momentum against Joe Biden in the 2020 race. “You’re in a box because you’re a Democrat and you’re thinking, ‘I want to help the party, but she’s going to...

Last week, Elizabeth Warren walked into an interview that was supposed to be easy: The Late Show with Stephen Colbert. The liberal talk show host made it clear long ago that he’s no supporter of President Trump. He spent most of the interview joking around with the Democratic presidential hopeful, asking softball questions. But then he asked a serious question about the cost of her proposed “Medicare For All” scheme. “How are you going to pay for it? Are you going to be raising middle-class taxes?” Colbert asked. Now she could have done what a normal person would do: answer...

Sen. Elizabeth Warren’s proposed wealth tax may create a new incentive for rich couples to divorce to avoid the tax, according to Harvard economist N. Gregory Mankiw. Warren’s plan would impose a 2% annual tax on wealth over $50 million and a 3% tax on wealth over $1 billion. If a wealthy couple is worth $100 million, they would pay a 2% tax on any wealth over $50 million, which in their case would amount to $1 million a year. If they divorce and split their fortune in half, they would each be worth $50 million and neither would owe...

Once confined to the small scientific community of climate researchers and ecological economists, the idea of degrowth is now blazing into the mainstream. Not surprisingly, people are trying to figure out what to make of it. Is it an inspiring idea that points the way to a better economy? Or is it a mad notion that’s sure to plunge us all into poverty? Degrowth is a planned reduction of total energy and material use to bring the economy in line with planetary boundaries, while improving people’s lives by distributing income and resources more fairly. The scientific case for degrowth is...

Donald Trump is waging a nonstop, all-encompassing war against progressive culture, in magnitude analogous to what 19th-century Germans once called a Kulturkampf. As a result, not even former President George W. Bush has incurred the degree of hatred from the left that is now directed at Trump. For most of his time in office, Trump, his family, his friends and his businesses have been investigated, probed, dissected and constantly attacked.

CNN’s Martin Savidge traveled to the iron range area of Minnesota this week. The Iron Range near Lake Superior is traditionally a Democratic stronghold. Not anymore. Miners and working families are voting for Trump. Democrats and their Socialist promises scare the hell out of middle Americ

WASHINGTON (AP) — The House passed a short-term bill Thursday to prevent a federal shutdown when the budget year ends Sept. 30, and give lawmakers until the Thanksgiving break to negotiate and approve $1.4 trillion for federal agencies. The Senate is expected to approve the stopgap bill next week. The vote in the Democratic-run House on the bipartisan plan was 301-123. The agency spending bills would fill in the details of this summer’s budget and debt agreement between President Donald Trump and House Speaker Nancy Pelosi, D-Calif. The Republican-controlled Senate is struggling over how to move ahead with its versions...

We wanted to find out what appeals to Donald Trump’s supporters and why they believe he deserves another term. The economy, the judges and a get-the-job-done attitude is just part of it. Here are their stories. BOSTON — His critics call him dangerous, unhinged and unstable, and 10 leading Democrat contenders and three Republican challengers would like to replace him. But less than five months from the Iowa caucuses, President Donald Trump enjoys the support of a solid majority of Republicans, and they have sound reasons to stick with their man despite the furor that continually surrounds him. According to...

Chinese consumers are not happy about higher prices and decreased supplies of food.  Yesterday, Chinese buyers snapped up "at least 10 boatloads of soybeans," according to Reuters, as the U.S.-China trade war showed signs of compromise.  The South China Morning Post reports: Beijing will allow Chinese businesses to purchase a "certain amount of farm products such as soybeans and pork" from the United States, according to the Xinhua report. "China's market is big enough and there's great potential to import high-quality US farm products." The official Xinhua News Agency reported on Friday that China's National Development and Reform Commission and the Ministry of Commerce made...

"Elizabeth Warren is a hypocrite" These are the words of Ed Rendell, former Philly mayor, Pennsylvania governor and chair of the Democratic National Committee. At this moment, ahead of the Democratic Presidential's Primary Debate on Thursday, he is coming after Elizabeth Warren. His op-ed on Washington Post centers on the lead Democratic presidential hopeful, titled "I like Elizabeth Warren. Too bad she's a hypocrite." One of the reasons why Rendell believes Warren is...

A high-speed transit system through the mountain corridor could serve as a major economic boon to communities on the Western Slope, according to a new study recently published by Development Research Partners. A high-speed transit system — likely in the form of a train that would carry passengers and light freight between Denver International Airport and Eagle County Regional Airport — was listed in the 2011 Record of Decision issued by the Colorado Department of Transportation and the Federal Highways Administration as a potential long-term solution to dealing with congestion on Interstate 70. Late last year, stakeholders — including the...

Chief Elizabeth Warren, who lies constantly, has a plan to end corruption. Repeating her anti-government rhetoric, in a piece titled, END WASHINGTON CORRUPTION, Warren writes that big insurance companies and hospital conglomerates put profits ahead of the health and well-being of the American people, and dump piles of money into political campaigns and lobbying efforts to block any move toward Medicare for All. This comes from a woman who has no problem with unions and Planned Parenthood sinking a fortune into Democratic campaigns, including hers. She has no problem with their lobbyists or those of far-left groups. In order to...

The leftstream media characterization of Joe Biden is that he is moderate, likable, and the most electable Democrat candidate.  He is affable Uncle Joe, the self-made lunchbox-toting common man of the people. In truth, he is none of the above. Joe the Moderate The "Biden as moderate" canard is getting increasingly hard to defend.  On the economy-, car-, and cow-killing $93-trillion Green New Deal, Biden was asked if it goes too far or is unrealistically promising too much. He answered, "No, no it's not." When previously asked if there would be any place for fossil fuels, including coal and fracking, in his administration, Biden answered,...

Full Header: The Three Issues The Democratic Debate Decided To Gloss Over To Prevent Embarrassing The 2020 Field As members of the 2020 clown show debated last night, three questions remained off the docket. Granted, there was a lot of Trump-bashing, some intense moments where the candidates slung mud at one another, and the reiteration of trash left-wing policies. One thing is clear: there is not a single person on that stage last night who can beat Donald Trump. It’s not even close. For the three-hours this breakfast was on, we learned that Democrats want to increase taxes, have a...

Recent polls reveal a downgrade in President Donald Trump's job approval rating on the economy and show he's trailing in head-to-head match-ups against the leading 2020 presidential election Democratic candidates, but a majority of U.S. business leaders believe, at least for now, that he will win reelection. More than two-thirds of North American chief financial officers surveyed by CNBC say Trump will win the 2020 election, while a quarter say former Vice President Joe Biden, according to the results of the latest CNBC Global CFO Council survey for the third quarter 2019.

... [A]mong all the Democratic taxers and takers, no one would hit retirees harder than Sen. Elizabeth Warren. Her “Accountable Capitalism Act” would wipe out the single greatest legal protection retirees currently enjoy—the requirement that corporate executives and fund managers act as fiduciaries on investors’ behalf. To prevent union bosses, money managers or politicians from raiding pension funds, the 1974 Employee Retirement Income Security Act requires that a fiduciary shall manage a plan “solely in the interest of the participants and beneficiaries . . . for the exclusive purpose of providing benefits to participants and their beneficiaries.” The Securities and...