Free Republic 1st Qtr 2020 Fundraising Target: $88,000 Receipts & Pledges to-date: $46,772
53%  
Woo hoo!! And we're now over 53%!! Thank you all very much!! God bless.

Keyword: taxreform

Brevity: Headers | « Text »
  • White House considering tax incentive for more Americans to buy stocks, sources say

    02/15/2020 2:14:37 PM PST · by Libloather · 76 replies
    CNBC via MSN ^ | 2/14/20 | Kayla Tausche
    WASHINGTON - As part of a forthcoming package of proposed tax cuts, the White House is considering ways to incentivize U.S. households to invest in the stock market, according to four senior administration officials familiar with the discussions. The proposal, one of many new tax cuts under consideration, would see a portion of household income treated as tax-free for the purposes of investing outside a traditional 401(k). Under one scenario, a household earning up to $200,000 could invest $10,000 tax-free, although officials noted these numbers are fluid. "Nothing's ruled out," said one senior administration official. "Nothing's been ruled in, either."...
  • 11 children shot in yet another violent Chicago weekend

    02/18/2020 7:10:57 AM PST · by Oldeconomybuyer · 13 replies
    CNN ^ | February 17, 2020
    Chicago's weekend began with a girl reportedly shooting her 11-year-old brother, who had to be rushed to the hospital. By the time Monday morning rolled around, 25 people had been shot, 11 of them minors, police said. Three died in the weekend violence, all of them adults, according to police. The shootings occurred between Friday at 6 p.m. local time and 6 a.m. Monday morning, according to CNN's review of the Chicago Police Department's major incident reports.
  • Black Families Came to Chicago by the Thousands. Why Are They Leaving?

    02/18/2020 7:04:34 AM PST · by Oldeconomybuyer · 45 replies
    New York Times via Yahoo! News ^ | February 17, 2020 | by Julie Bosman, The New York Times
    ... The steady exodus of African Americans has caused alarm and grief in Chicago, the nation’s third largest city, where black people have shaped the history, culture and political life. The population of 2.7 million is still nearly split in thirds among whites, blacks and Latinos, but the balance is shifting. Chicago saw its population decline in 2018, the fourth year in a row. Since 2015, almost 50,000 black residents have left. They have been driven out of the city by segregation, gun violence, discriminatory policing, racial disparities in employment, the uneven quality of public schools and frustration at life...
  • The Myth Of Pete Buttigieg, ‘Moderate’: From health care, abortion to guns, immigration, Supreme Court and Electoral College, He is a radical.

    02/03/2020 9:43:12 AM PST · by SeekAndFind · 39 replies
    The Federalist ^ | 02/03/2020 | Christopher Bedford
    What are Pete Buttigieg’s politics?If you read CBS, The Atlantic, The New York Times, The Guardian, and a host of their friends, the former mayor is decidedly a moderate. According to The Washington Post and a few more, he’s “a traditional centrist” who embodies “the Democratic primary’s rightward drift.” And if you listen to the left-wing activists trailing him around, he’s “Wall Street Pete” and “will kill us.”His supposed moderation and support (almost solely) among white liberals torments Lucy, a white liberal who graduated high school more than a decade ago but writes for Teen Vogue. “Why I’m Not...
  • There Is A Revolt Against Democrats Coming In America – Latest Poll Shows Black Approval Of Trump 42%

    02/03/2020 8:27:13 AM PST · by USA Conservative · 44 replies
    Conservative US ^ | 02.03.2020 | Natalie D.
    President Trump wasn’t called a racist until he ran against Hillary. That’s how liberals operate. Play the race card every time. They’ve done it for decades. Fortunately, minorities aren’t falling for it as much as they used to. The black people no longer think they are victims – but free men – to do and achieve as they can. Just like all should be able to do. In November, two polls found that President Trump’s approval rating among black likely voters had reached 34%. An Emerson poll found that Trump has a 34.5% approval rating among black likely voters and...
  • Trump reinvented tariffs and it worked

    02/01/2020 10:54:03 AM PST · by SpeedyInTexas · 27 replies
    Washington Examiner ^ | 01/29/2020 | Jason Orestes
    Tariffs were once a mainstay in U.S. trade policy. Constituting the main source of federal revenue from 1790-1914, and at one point providing over 90% of government income, they were a pivotal component of U.S. fiscal and foreign policy. Their main motivation in those times: protect U.S. industry from foreign opposition. It wasn’t until colossal industrial growth coupled with the introduction of the income tax rendered them less critical to the government balance sheet, and their use declined. Post-World War II, tariffs took on the negative connotation you see today. The West largely eschewed them in favor of free trade...
  • United States GDP Growth Continues Exceeding Expectations

    01/30/2020 9:21:53 PM PST · by ransomnote · 9 replies
    whitehouse.gov ^ | January 30, 2020 | White House
    Today, the Bureau of Economic Analysis released its advance estimate for United States GDP for the fourth quarter of 2019 and the entire calendar year of 2019. The release estimates that real GDP grew 2.1 percent at an annual rate in the fourth quarter of 2019 and 2.3 percent over the four quarters of 2019. Consumer spending and residential investment posted notable gains, propelling GDP growth and setting the stage for future economic expansion. These results show that the economy remains resilient despite a slowdown across the rest of the world and the continuation of the longest expansion in American...
  • The SECURE Act is changing retirement — here are the most important things to know

    01/28/2020 8:16:41 AM PST · by ProtectOurFreedom · 40 replies
    MarketWatch ^ | January 8, 2020 | Allesandra Malito
    President Trump signed the SECURE Act this week (January 8, 2020) as part of the government’s spending bill and it will inevitably affect most retirement savers, for better or worse. The SECURE legislation — which stands for “Setting Every Community Up for Retirement Enhancement” — puts into place numerous provisions intended to strengthen retirement security across the country. Part of the bill addresses the grim outlook for many workers who don’t have access to workplace retirement accounts. It offers small businesses tax incentives to set up automatic enrollment in retirement plans for its workers, or allows them to join multiple...
  • U.S. economy on path to 'solid' 2020 growth; budget deficits to top $1 trillion

    01/28/2020 12:14:20 PM PST · by Oldeconomybuyer · 12 replies
    Reuters ^ | January 28, 2020 | by Richard Cowan
    WASHINGTON - The U.S. economy will grow at a “solid” rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting $1.015 trillion. While the economy will be on good footing during this presidential election year, CBO also noted that conditions will lead to “higher inflation and interest rates after a decade in which both remained low, on average.” The inflation and interest rate rises will be noticed this year and continue through 2022 before settling down beginning in 2023, under the forecast. In its updated budget and economic outlook spanning the...
  • America Unraveled: Christopher Caldwell’s new book argues that, for the past half-century, the U.S. has been effectively living under two competing constitutional regimes

    01/24/2020 3:45:29 PM PST · by karpov · 15 replies
    City Journal ^ | January 24, 2020 | Seth Barron
    Christopher Caldwell’s new book, The Age of Entitlement, offers a striking revision of recent American history that has the advantage of being readily summarized. The polarization of political opinion and the dissolution of the American fabric, he argues, has its roots in the passage of the 1964 Civil Rights Act, which represented a sharp break with the past. “The changes of the 1960s, with civil rights at their core,” he explains, “were not just a major new element in the Constitution. They were a rival constitution, with which the original one was frequently incompatible.” The common narrative surrounding civil rights,...
  • California Runs Off the Road. The new state labor law AB5 is causing trouble far and wide.

    01/24/2020 6:39:58 AM PST · by karpov · 27 replies
    Wall Street Journal ^ | January 23, 2020
    Nancy Pelosi famously proclaimed that Democrats had to pass ObamaCare to find out what was in it. On the other hand, Democrats in California last year passed legislation outlawing many freelance and independent contracting jobs knowing the disruption it would cause—and voters are now discovering the damage. Ride-hailing app Uber this week rolled out changes for drivers and riders in California in an effort to duck the state’s new labor law AB5. That law reclassified a large swath of independent contractors from freelance journalists to Uber drivers as employees who are owed rest breaks, workers compensation, health benefits and paid...
  • POTUS Popping in the Polls

    01/20/2020 6:11:32 AM PST · by Kaslin · 31 replies
    American Thinker.com ^ | January 20, 2020 | Brian C. Joondeph
    Watch cable news, particularly CNN or MSNBC, and hear how the “walls are closing in” on President Trump. Impeachment is underway, a solemn and sober process, celebrated by House Speaker Pelosi handing out autographed pens during the impeachment article signing ceremony. One would think she was signing landmark legislation like the Civil Rights Act given the pomp and circumstance. Meanwhile the Senate passed the USMCA trade agreement, now ready for Trump’s signature, another promise made and kept by the accidental president who has no idea what he is doing. The rube of a president also announced a trade deal with...
  • Donald Trump Stumbles Into a Foreign-Policy Triumph

    01/17/2020 12:58:01 PM PST · by edwinland · 87 replies
    The Atlantic ^ | JANUARY 17, 2020 | TOM MCTAGUE
    A year and a half into Donald Trump’s presidency, Henry Kissinger set out a theory. “I think Trump may be one of those figures in history who appears from time to time to mark the end of an era and to force it to give up its old pretences,” he told the Financial Times. “It doesn’t necessarily mean that he knows this, or that he is considering any great alternative. It could just be an accident.” A term has been coined to describe this notion: Ryan Evans of War on the Rocks calls them “Trumportunities.” It is the idea that,...
  • 'Terrible debater and speaker': Trump slams 'Mini Mike Bloomberg'

    01/17/2020 11:34:35 AM PST · by E. Pluribus Unum · 17 replies
    Washington Examiner ^ | January 17, 2020 09:33 AM | Spencer Neale
    President Trump trashed 2020 Democrat Mike Bloomberg, calling the septuagenarian a "terrible speaker" and mocking the billionaire's height at 5 feet, 8 inches. "Mini Mike Bloomberg doesn’t get on the Democrat Debate Stage because he doesn’t want to - he is a terrible debater and speaker," tweeted Trump on Friday. "If he did, he would go down in the polls even more (if that is possible!)." The president further slammed Bloomberg in a follow-up tweet soon after, saying, "Mini Mike Bloomberg ads are purposely wrong - A vanity project for him to get into the game. Nobody in many years...
  • On the Road with Mike Pence: ‘USMCA Is a Huge Win for American Workers and American Farmers’...POTUS ‘Drove a Hard Bargain’ with Mexico, Trudeau

    01/17/2020 9:29:49 AM PST · by Red Badger · 3 replies
    www.breitbart.com ^ | 17 Jan 2020 | Matthew Boyle
    TAMPA, Florida — Vice President Mike Pence told Breitbart News exclusively on Thursday that the Senate’s passage of the U.S.-Mexico-Canada (USMCA) trade agreement is a “huge win” for American workers and farmers. Pence’s exclusive interview with Breitbart News, which came on his bus tour between Tampa and Orlando, for which he was conducting a campaign swing up the all-important I-4 corridor in the Sunshine State, came moments after the U.S. Senate passed the USMCA, 89-10. The overwhelming Senate vote came a month after the House in mid-December similarly passed the deal with overwhelming bipartisan support, as the USMCA sailed through...
  • Here are the 10 senators who voted against Trump's North American trade deal

    01/17/2020 9:47:46 AM PST · by nikos1121 · 58 replies
    The Hill ^ | 1/16/2020 | Sylvan Lane
    The Senate overwhelmingly passed President Trump's proposed replacement for the North American Free Trade Agreement (NAFTA) on Thursday, sending the deal to the president’s desk for his approval. Passage of the U.S.-Mexico-Canada Agreement (USMCA) represents a rare moment of bipartisanship in a bitterly divided Congress. The deal cleared the Senate by a vote of 89 to 10 on Thursday, close to a month after passing the House by a vote of 385-41. Republicans were eager to help Trump accomplish a major pillar of his economic agenda despite their preferences for a deal with looser restrictions. Democrats, who broadly shared Trump’s...
  • Live: Senate to vote on USMCA trade agreement, formally present impeachment articles

    01/16/2020 8:37:40 AM PST · by PghBaldy · 53 replies
    Fox Business / Youtube stream ^ | January 16 | Staff
    Expected live at 11 a.m. ET: The Senate is expected to vote on the USMCA trade agreement. At noon, impeachment Managers, led by the House Sergeant at Arms, hold a procession ceremony.
  • What a real expert says about that jobs data; Why the Labor Market Is Hotter Than Jobless Numbers Indicate

    01/15/2020 10:29:09 AM PST · by SeekAndFind · 13 replies
    New York Post ^ | 01/15/2020 | John Crudele
    If you go by the Labor Department’s statistics, the job market was very hot in November. Then it became cold in December. Average the two out and — in true Goldilocks fashion — the economy (like the porridge) may now be just right. I’ve always told you that the government’s employment stats are flaky. Various adjustments are supposed to take care of things like Christmas hiring and new companies just coming into being. But they don’t. They only confuse things. And only after many months or even years of revisions do we learn what the job market was really like....
  • Don’t Be Fooled By Liberal Dark Money Influence

    01/14/2020 4:37:05 AM PST · by Kaslin · 1 replies
    Townhall.com ^ | January 14, 2020 | Ken Blackwell
    Hypocrisy in politics is typical, but every so often it reaches a new low. Such is the case with a recent political ad attacking dark money’s influence in politics, an ad funded by dark money. The group Future Majority did exactly that as part of their 2018 efforts to elect Democrats to Congress. Now groups like Future Majority are focused on denying President Trump reelection in 2020.  Democrats have no good response to the president’s popularity and his accomplished record, so they turn to dark money funded smear campaigns to try and discredit him and his supporters. Politico reports one...
  • Market Predictions for 2020

    12/28/2019 7:45:58 PM PST · by SeekAndFind · 12 replies
    Daily Trade Alert ^ | 12/28/2019 | by Aaron Task, Wealthy Retirement
    What a difference a year makes. 2018 was tough on investors, and it ended with stocks in retreat. The decline was triggered by growing fears of a prolonged U.S.-China trade war fueled by President Trump’s “I am tariff man” tweet on December 4.In addition, the Federal Reserve was in a multiyear cycle of rate hikes. Nobody knew it at the time, but the last hike occurred on December 18, 2018. Across nearly every major asset class, 2018 was a bad year. Fast forward to December 2019.A yearlong rally accelerated in the fourth quarter, with stocks ending the year at...