Norquist: Elizabeth Warren’s “Wealth Tax” is a Tax on Lifetime Savings

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Posted by Adam Sabes on Thursday, September 12th, 2019, 2:15 PM PERMALINK

Wednesday on CNBC’s Squawk Box, ATR president Grover Norquist discussed Elizabeth Warren’s “Wealth Tax” with host Joe Kernen.

Norquist said, “Look, this is a tax on savings. They call it a wealth tax, it’s a tax on savings.”

He also pointed out how tax hikers always say their new tax will only hit “the rich” but eventually grow to hit everyone:

“Of course, they advertise it as only hitting billionaires to start with, that's the way the income tax was sold [in 1913]. The top rate of the income tax of 7% hit you if you made $11 million in today's dollars -- it was only going to hit rich people now it hits everybody,” Norquist said. “The trickle-down effect of taxes, they always start by saying we're only going to hit the rich people. The Spanish American War tax on phones, which only rich people had [in 1898] because they cost $4,000 in today's dollars. By the time it was done, every American was paying that tax.”

Norquist added:

“If you're a millennial, you will be paying it and your children will be paying it. They'll advertise it as only hitting rich people to start with, but it's a tax on savings.”


Statement from Grover Norquist on the Ongoing Campaign to End the Inflation Tax on Capital Gains

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Posted by Americans for Tax Reform on Thursday, September 12th, 2019, 11:34 AM PERMALINK


“Ending the inflation tax on capital gains has broad and deep support. White House economists, congressional Republicans, free market groups and the business community – U.S. Chamber, NFIB, and groups from all 50 states – will continue to push this initiative forward and get it enacted before the 2020 election.

It is wrong for the government to tax inflation. Ending the inflation tax will help create jobs and raise wages. ATR will continue to highlight the tens of millions of Americans who will benefit directly from ending the inflation tax, many of whom live in Florida, Pennsylvania, Michigan, Ohio, Wisconsin, and Minnesota.

Good policy is good politics.”

Photo Credit: Gage Skidmore


List: Support for Ending the Inflation Tax on Capital Gains

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Posted by Americans for Tax Reform on Wednesday, September 11th, 2019, 12:30 PM PERMALINK

Grover Norquist and Americans for Tax Reform

Club for Growth

National Federation of Independent Business

United States Chamber of Commerce

FreedomWorks

National Taxpayers Union

Small Business & Entrepreneurship Council

Republican Study Committee

American Conservative Union

American Farm Bureau Federation
60 Plus Association  

Asian American Hotel Owners Association

Tax Foundation

Sen. Ted Cruz (R-Texas) 

Sen. Pat Toomey (R-Pa.)

Sen. Rand Paul (R-Ky.)

Sen. John Cornyn (R-Texas)

Sen. Kevin Cramer (R-N.D.)

Sen. Steve Daines (R-Mont.)

Sen. John Barrasso (R-Wyo.)
Sen. Marsha Blackburn (R-Tenn.)
Sen. Roy Blunt (R-Mo.)
Sen. John Boozman (R-Ark)

Sen. Mike Braun (R-Ind.)
Sen. Richard Burr (R-N.C.)

Sen. Cindy Hyde-Smith (R-Miss.)

Sen. James Inhofe (R-Okla.)

Sen. Ron Johnson (R-Wis.)

Sen. John Kennedy (R-La.)

Sen. James Lankford (R-Okla.)

Sen. James E. Risch (R-Idaho)

Sen. Ben Sasse (R-Neb.) 

Sen. Chuck Schumer (D-N.Y.)

Sen. Thom Tillis (R-N.C.)

Sen. Roger F. Wicker (R-Miss.)

Mark Meadows, Chairman of House Freedom Caucus

Newt Gingrich -- Fmr. Speaker of the House, Fmr. House Minority Whip
ALEC Action

American-Chinese Fellowship of Houston

American Commitment

American Consumer Institute

American Civil Rights Union
American Encore
America Fighting Back PAC
America’s Liberty PAC
Association of Mature American Citizens 
Beaman Automotive Group
Rachel Bovard – Fmr. Policy Director, Senate Steering Committee 
Campaign for Liberty 
James Carter – Fmr. Deputy Assistant Treasury Secretary 
Center for Energy and Environment
Center for a Free Economy 
Center for Freedom and Prosperity
Center for Individual Freedom 
Center for Military Readiness
Center for Worker Freedom 
Citizens Against Government Waste 
Citizen Outreach (Nevada) 
Civitas Institute (North Carolina)
Coalition of Franchisee Associations
Coalitions for America
Myron Ebell, Competitive Enterprise Institute
Conservative Action Project
Coalition for a Fair Judiciary
Conservatives of Faith
The Conservative Caucus
ConservativeHQ.com
Conservative Victory Fund
Constitutional Congress, Inc.
Consumer Action for a Strong Economy 
Charles J. Cooper, Assistant Attorney General under Ronald Reagan
Ed Corrigan – Fmr. Executive Director, Senate Steering Committee
T. Kenneth Cribb, Jr. -- Fmr. Chief Domestic Advisor
Fmr. Sen. Jim DeMint (R-S.C.)
Digital Liberty  
Family Business Coalition 
Family Research Council
First Liberty Institute

Florida Center-Right Coalition

Freedom Foundation of Minnesota

Frontiers of Freedom

Rebecca Hagelin -- Columnist, The Washington Times

The Heartland Institute

Florida state Representative Mike Hill (R)

Hispanic American Center for Economic Research

Hispanic Leadership Fund

Donald Hodel -- Fmr. Secretary of Energy and Secretary of Interior

Independent Women’s Voice

Institute for Liberty

Institute for Policy Innovation

The James Madison Institute (Florida)

Congressman Jim Jordan (R-Ohio)

Congressman Devin Nunes (R-Calif.)

D. James Kennedy Ministries

Larry Kudlow -- Director of the National Economic Council

Law Enforcement Legal Defense Fund
Morton Blackwell
Less Government 
Let Freedom Ring, Inc

March for Life Action

Market Institute

The Martin Foundation
The Martin Organization, Inc.
Massachusetts Center-right Coalition

Edwin Meese III -- Fmr. Attorney General under Reagan

Minnesota Center-Right Coalition

Mississippi Center for Public Policy

Missouri Center-Right Coalition

Montana Center-Right Coalition

Deroy Murdock -- NRO Contributing Editor

National Federation of Republican Assemblies (NFRA)

New Hampshire Center-right Meeting

Becky Norton Dunlop -- Fmr. White House Advisor

NYS Conservative Party
Ohioans for Tax Reform 
Jack Park -- Conservative Activist and Donor
Pegasus Institute (Kentucky)
Vice President Mike Pence

Phyllis Schlafly Eagles

Property Rights Alliance

Charlie Gerow, President of Quantum Communications (Pennsylvania)

Reaching America

The Reagan Legacy Forum

Rhode Island Center for Freedom and Prosperity

Richard Rahn -- Chairman, Institute for Global Economic Growth

Rio Grande Foundation (New Mexico)

Taxpayers Protection Alliance

Tea Party Express

Tea Party Patriots Action

There’s Hope America Inc.

Tradition, Family, Property, Inc.

Mary Vought -- Executive Director, Senate Conservatives Fund
We the People Convention
Women for Trump
Ron Robinson, President of Young America’s Foundation

 

Photo Credit: GotCredit


Video: 2020 Democrats Promise Higher Taxes

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Posted by Adam Sabes on Wednesday, September 11th, 2019, 9:28 AM PERMALINK

Americans for Tax Reform today released a video compilation of Democratic presidential candidates threatening to impose various taxes on Americans.

Democrats want to raise income taxes, payroll taxes, capital gains taxes, corporate taxes, and impose a carbon tax, gun tax, wealth tax, and even a robot tax. And the Dem threat to repeal the GOP-enacted Tax Cuts and Jobs Act means they would raise taxes on households in every income level in every congressional district.

 

See more:

Biden Caught Lying about GOP Tax Cuts

Bill De Blasio: “As President, I Would Issue a Robot Tax”

Bill De Blasio: “As President, I would issue a robot tax”

Biden Endorses Carbon Tax

Kamala Harris Calls for Ban on Plastic Straws

Elizabeth Warren's Climate Plan Calls For "Reversing" GOP Tax Cuts

Sanders: We’re Going to “Absolutely” Raise the Corporate Tax Rate

Elizabeth Warren on Corporate Tax Cuts: “I really want to see them rolled back.”

Bill de Blasio Calls for Corporate Tax Rate Hike

Amy Klobuchar: Raise the Corporate Tax Rate to 25%

Biden on capital gains tax: “We should raise the tax back to 39.6 percent”

Kamala Harris Threatens to Repeal GOP Tax Cuts 3 Times in August

Joe Biden: “I’m going to eliminate most all” of GOP Tax Cuts

Cory Booker Calls for Repeal of "Toxic" GOP Tax Cuts

Marianne Williamson Joins Dems Calling for TCJA Repeal

Kamala Admits Her Plan Would End Employer Insurance

“Medicare for All” is a Middle Class Tax Increase, Say Dems

Elizabeth Warren Can’t Dodge the Middle Class Tax Question Forever

Dem Socialized Healthcare Plan Will Lead to Middle Class Tax Hikes

Elizabeth Warren "Wealth Tax" was described by the WaPo editorial board as having "a certain authoritarian odor"

Supposed “Moderate” Democrat John Delaney Wants to Impose Carbon Tax on the American People

Klobuchar Suggests Capital Gains Tax Hike and “Doing Something” About TCJA

VIDEO: 2020 Democrats Will Raise Your Taxes

Kamala Harris Campaign Headquarters Located in Opportunity Zone Created by GOP Tax Cuts

Julian Castro: “We’re going to have to raise taxes.”

Biden and Harris: Raise the Corporate Tax Rate

Biden tweet: Ignore the fact I’ve already called for middle class tax hikes

Kamala Harris: “I Will Reverse” Trump’s Tax Cuts

Kamala Harris Calls for Repeal of Tax Cuts Four Times in Three Minutes

Julian Castro Caught Lying about GOP Tax Cuts

NYT: Bidencare Will be Funded by “rolling back” GOP tax cuts

Kamala Harris: I Will Repeal “That Tax Bill”

Cory Booker: “I do support” Imposing Carbon Tax on Americans

Harris: “We are Going to Repeal That Tax Bill”

Biden: I Will Raise Corporate Tax Rate to 28%

Kamala Harris Continues to Lie about Tax Cuts

Jay Inslee: “Repeal the Trump Tax Cuts”

Biden Running Ads to “Repeal Trump’s Tax Cuts.”

VIDEO: Ten Times Biden Threatened to Repeal Tax Cuts

Here’s what happens if Dems repeal tax cuts

VIDEO: 10 Times 2020 Democrats Have Threatened to Repeal TCJA

Kamala Harris: When I Enter Office "I Will Repeal" the TCJA

Biden: “First thing I would do as President is Eliminate the President’s Tax Cut.”

Bernie Sanders claims people would be “delighted to pay more in taxes”

Biden: Tax Cuts Will be “Gone” If I’m Elected

Kamala Harris: I Will Repeal Tax Cuts “on day one”

Biden again says capital gains tax is “Much too Low”

Biden: Capital gains tax “much too low”

VIDEO: Five Times Biden has Threatened to Repeal Tax Cuts

Biden: “First thing I’d do is repeal those Trump tax cuts.”

Joe Biden broke his middle class tax pledge

“Mayor Pete” Calls for Steep Tax Hike on Homes and Businesses

Kamala Harris Vows Repeal of Tax Cuts “on Day One”

Biden: “When I’m President, if God willing I am, we’re going to reverse those Trump tax cuts.”


Pelosi Drug Plan Will Destroy U.S. Healthcare System

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Posted by Alex Hendrie on Tuesday, September 10th, 2019, 5:27 PM PERMALINK

According to a leaked draft, House Democrats will propose drug pricing legislation that imposes broad government price controls, imports foreign pricing, and imposes on a new tax on manufacturers.

The draft summary falsely claims that this proposal will facilitate “negotiation” between the government and manufacturers. In reality, manufacturers have little recourse and no ability to walk away under the legislation.

Non-compliance with this faux negotiation would result in an imposition of a 75 percent excise tax. This tax would be calculated as a percentage of a drug’s annual gross sales of the previous year. This scheme would apply to the top 250 drugs. 

In addition to the threat of an excise tax, the proposal contains an international pricing index which would prohibit the “negotiated” price from rising above 1.2 times the volume weighted average price of six countries (Australia, Canada, France, Germany, Japan and the UK). This allows the pricing proposals adopted in foreign countries to be imported into the U.S.

Finally, the legislation calls for an inflationary rebate penalty for Medicare Part D and Part B retroactive to 2016. This would punish manufacturers for past decisions made and would create further distortions in the Medicare system that will harm existing private sector negotiation. 

In sum, these provisions will mean that no actual negotiation will take place. Rather, prices will be set by the government and manufacturers will be forced to submit to the decisions made by bureaucrats.

This proposal is not the way to lower drug prices. Rather than delivering meaningful results for seniors, it represents a government takeover of the system that will ultimately suppress innovation and lead to shortages and higher prices. 

Photo Credit: Ted Eytan


Biden Caught Lying about GOP Tax Cuts

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Posted by Adam Sabes on Monday, September 9th, 2019, 1:26 PM PERMALINK

Joe Biden lied during the New Hampshire Democratic Convention on Saturday, when he described Tax Cuts and Jobs Act as, “The God-awful tax cut that Trump has passed benefiting virtually no one but the super-wealthy.”

Biden is wrong. If you don’t believe us, just ask the New York Times, the Washington Post, CNN, and FactCheck.org:

CNN: “The facts are, most Americans got a tax cut.”

CNN: "In fact, estimates from both sides of the political spectrum show that the majority of people in the United States of America did receive a tax cut."

New York Times: "Most people got a tax cut."

Washington Post: “Most Americans received a tax cut.”

FactCheck.org: "Most people got some kind of tax cut in 2018 as a result of the law."

FactCheck.org: "The vast majority (82 percent) of middle-income earners — those with income between about $49,000 and $86,000 — received a tax cut that averaged about $1,050.

The New York Times also noted the “sustained — and misleading — effort by liberal opponents of the law to brand it as a broad middle-class tax increase.”

Thanks to the Tax Cuts and Jobs Act:

  • A family of four earning the median income of $73,000 saw a$2,000 tax cut.
  • A single parent (with one child) making $41,000 got a $1,300 tax cut.
  • Millions of low and middle-income households are no longer stuck paying the Obamacare individual mandate tax.
  • Utility bills across all 50 states went down as a direct result of the TCJA’s corporate income tax rate reduction.
  • Small businesses saw a tax decrease because of the 20% deduction for small business income.
  • Taxes went down in every state and every congressional district.
     

If you want to stay up-to-date on Democratic candidates and their threats to raise taxes, visit www.atr.org/HighTaxDems

See more:

Bill De Blasio: “As President, I Would Issue a Robot Tax”

Bill De Blasio: “As President, I would issue a robot tax”

Biden Endorses Carbon Tax

Kamala Harris Calls for Ban on Plastic Straws

Elizabeth Warren's Climate Plan Calls For "Reversing" GOP Tax Cuts

Sanders: We’re Going to “Absolutely” Raise the Corporate Tax Rate

Elizabeth Warren on Corporate Tax Cuts: “I really want to see them rolled back.”

Bill de Blasio Calls for Corporate Tax Rate Hike

Amy Klobuchar: Raise the Corporate Tax Rate to 25%

Biden on capital gains tax: “We should raise the tax back to 39.6 percent”

Kamala Harris Threatens to Repeal GOP Tax Cuts 3 Times in August

Joe Biden: “I’m going to eliminate most all” of GOP Tax Cuts

Cory Booker Calls for Repeal of "Toxic" GOP Tax Cuts

Marianne Williamson Joins Dems Calling for TCJA Repeal

Kamala Admits Her Plan Would End Employer Insurance

“Medicare for All” is a Middle Class Tax Increase, Say Dems

Elizabeth Warren Can’t Dodge the Middle Class Tax Question Forever

Dem Socialized Healthcare Plan Will Lead to Middle Class Tax Hikes

Elizabeth Warren "Wealth Tax" was described by the WaPo editorial board as having "a certain authoritarian odor"

Supposed “Moderate” Democrat John Delaney Wants to Impose Carbon Tax on the American People

Klobuchar Suggests Capital Gains Tax Hike and “Doing Something” About TCJA

VIDEO: 2020 Democrats Will Raise Your Taxes

Kamala Harris Campaign Headquarters Located in Opportunity Zone Created by GOP Tax Cuts

Julian Castro: “We’re going to have to raise taxes.”

Biden and Harris: Raise the Corporate Tax Rate

Biden tweet: Ignore the fact I’ve already called for middle class tax hikes

Kamala Harris: “I Will Reverse” Trump’s Tax Cuts

Kamala Harris Calls for Repeal of Tax Cuts Four Times in Three Minutes

Julian Castro Caught Lying about GOP Tax Cuts

NYT: Bidencare Will be Funded by “rolling back” GOP tax cuts

Kamala Harris: I Will Repeal “That Tax Bill”

Cory Booker: “I do support” Imposing Carbon Tax on Americans

Harris: “We are Going to Repeal That Tax Bill”

Biden: I Will Raise Corporate Tax Rate to 28%

Kamala Harris Continues to Lie about Tax Cuts

Jay Inslee: “Repeal the Trump Tax Cuts”

Biden Running Ads to “Repeal Trump’s Tax Cuts.”

VIDEO: Ten Times Biden Threatened to Repeal Tax Cuts

Here’s what happens if Dems repeal tax cuts

VIDEO: 10 Times 2020 Democrats Have Threatened to Repeal TCJA

Kamala Harris: When I Enter Office "I Will Repeal" the TCJA

Biden: “First thing I would do as President is Eliminate the President’s Tax Cut.”

Bernie Sanders claims people would be “delighted to pay more in taxes”

Biden: Tax Cuts Will be “Gone” If I’m Elected

Kamala Harris: I Will Repeal Tax Cuts “on day one”

Biden again says capital gains tax is “Much too Low”

Biden: Capital gains tax “much too low”

VIDEO: Five Times Biden has Threatened to Repeal Tax Cuts

Biden: “First thing I’d do is repeal those Trump tax cuts.”

Joe Biden broke his middle class tax pledge

“Mayor Pete” Calls for Steep Tax Hike on Homes and Businesses

Kamala Harris Vows Repeal of Tax Cuts “on Day One”

Biden: “When I’m President, if God willing I am, we’re going to reverse those Trump tax cuts.”


Bill De Blasio: “As President, I Would Issue a Robot Tax”

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Posted by Adam Sabes on Friday, September 6th, 2019, 11:14 AM PERMALINK

Democrat presidential candidate Bill De Blasio announced on Thursday that if elected, he would impose a national “robot tax” and create a new bureaucracy to regulate automation.

In a Wired op-ed, De Blasio wrote: “As President, I would issue a robot tax for corporations displacing humans, and create a federal agency to oversee automation.”

He said his “proposal would institute a ‘robot tax’ on large companies that eliminate jobs through increased automation and fail to provide adequate replacement jobs.”

De Blasio called for a tax increase by taking away full expensing of new equipment, and said companies would “be required to pay five years of payroll taxes up front for each employee eliminated.”

The Democrat presidential field has proposed a long list of tax increases.

It’s official. The Democrats want to tax everything,” said Grover Norquist, president of Americans for Tax Reform. “De Blasio had to find a way to stand out after the rest of the Democrat field had already laid claim to raising taxes on income, payroll, carbon dioxide, capital gains, small businesses, corporations, your 401k, lifetime savings, and death.

De Blasio repeated his call for a robot tax in a Thursday night interview with Fox News Channel’s Tucker Carlson.

See more:

Bill De Blasio: “As President, I would issue a robot tax”

Biden Endorses Carbon Tax

Kamala Harris Calls for Ban on Plastic Straws

Elizabeth Warren's Climate Plan Calls For "Reversing" GOP Tax Cuts

Sanders: We’re Going to “Absolutely” Raise the Corporate Tax Rate

Elizabeth Warren on Corporate Tax Cuts: “I really want to see them rolled back.”

Bill de Blasio Calls for Corporate Tax Rate Hike

Amy Klobuchar: Raise the Corporate Tax Rate to 25%

Biden on capital gains tax: “We should raise the tax back to 39.6 percent”

Kamala Harris Threatens to Repeal GOP Tax Cuts 3 Times in August

Joe Biden: “I’m going to eliminate most all” of GOP Tax Cuts

Cory Booker Calls for Repeal of "Toxic" GOP Tax Cuts

Marianne Williamson Joins Dems Calling for TCJA Repeal

Kamala Admits Her Plan Would End Employer Insurance

“Medicare for All” is a Middle Class Tax Increase, Say Dems

Elizabeth Warren Can’t Dodge the Middle Class Tax Question Forever

Dem Socialized Healthcare Plan Will Lead to Middle Class Tax Hikes

Elizabeth Warren "Wealth Tax" was described by the WaPo editorial board as having "a certain authoritarian odor"

Supposed “Moderate” Democrat John Delaney Wants to Impose Carbon Tax on the American People

Klobuchar Suggests Capital Gains Tax Hike and “Doing Something” About TCJA

VIDEO: 2020 Democrats Will Raise Your Taxes

Kamala Harris Campaign Headquarters Located in Opportunity Zone Created by GOP Tax Cuts

Julian Castro: “We’re going to have to raise taxes.”

Biden and Harris: Raise the Corporate Tax Rate

Biden tweet: Ignore the fact I’ve already called for middle class tax hikes

Kamala Harris: “I Will Reverse” Trump’s Tax Cuts

Kamala Harris Calls for Repeal of Tax Cuts Four Times in Three Minutes

Julian Castro Caught Lying about GOP Tax Cuts

NYT: Bidencare Will be Funded by “rolling back” GOP tax cuts

Kamala Harris: I Will Repeal “That Tax Bill”

Cory Booker: “I do support” Imposing Carbon Tax on Americans

Harris: “We are Going to Repeal That Tax Bill”

Biden: I Will Raise Corporate Tax Rate to 28%

Kamala Harris Continues to Lie about Tax Cuts

Jay Inslee: “Repeal the Trump Tax Cuts”

Biden Running Ads to “Repeal Trump’s Tax Cuts.”

VIDEO: Ten Times Biden Threatened to Repeal Tax Cuts

Here’s what happens if Dems repeal tax cuts

VIDEO: 10 Times 2020 Democrats Have Threatened to Repeal TCJA

Kamala Harris: When I Enter Office "I Will Repeal" the TCJA

Biden: “First thing I would do as President is Eliminate the President’s Tax Cut.”

Bernie Sanders claims people would be “delighted to pay more in taxes”

Biden: Tax Cuts Will be “Gone” If I’m Elected

Kamala Harris: I Will Repeal Tax Cuts “on day one”

Biden again says capital gains tax is “Much too Low”

Biden: Capital gains tax “much too low”

VIDEO: Five Times Biden has Threatened to Repeal Tax Cuts

Biden: “First thing I’d do is repeal those Trump tax cuts.”

Joe Biden broke his middle class tax pledge

“Mayor Pete” Calls for Steep Tax Hike on Homes and Businesses

Kamala Harris Vows Repeal of Tax Cuts “on Day One”

Biden: “When I’m President, if God willing I am, we’re going to reverse those Trump tax cuts.”

Photo Credit: Stephen Nessen/Flickr


Trump Economy Adds 130,000 Jobs in August

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Posted by Tom Hebert on Friday, September 6th, 2019, 10:55 AM PERMALINK

Despite the liberal media’s predictions, two new reports show that President Trump’s economy is still as strong. The U.S. economy added 130,000 jobs in August, defying Democrats who said that tax cuts and deregulation were no longer working. The economy has added over 6 million jobs since President Trump took office. 

This morning’s Bureau of Labor Statistics report shows that the unemployment rate remained steady at 3.7 percent. In 30 of the 33 months since President Trump took office, job gains have surpassed 100,000. The unemployment rate for African Americans hit a record low at 5.5 percent, and the Hispanic unemployment rate matched previous record lows at 4.2 percent. 

Labor force participation increased to 63.2 percent in August, a stark contrast to the 40-year lows that metric hit under the Obama Administration. 

The civilian labor force increased by 571,000 according to the BLS household data, the largest such gain since October 2018 and the fourth consecutive month of labor force growth. 

Wages are also continuing to grow. Over the past year, average hourly earnings have increased by 3.2 percent. Nominal average hourly wage gains have not reached 3 percent since April 2009. 

The healthcare industry added 24,000 jobs in August, and added 392,000 over the past year. Professional and business services added 37,000 jobs in August, and financial activities employment rose by 15,000. 

This positive economic news echoes a report released Thursday from the ADP Research Institute which shows that business payrolls increased by 195,000 in August. The report also shows that small businesses added 66,000 jobs in August, a four-month high, while mid-sized companies added 77,000 jobs and large corporations added 52,000 jobs. 

These strong jobs reports and the positive underlying economic indicators show that the Tax Cuts and Jobs Act is continuing to work for American workers. 

Businesses have responded to the tax cuts by giving employees higher wages and creating new employee benefit programs, while utility companies are passing tax savings onto consumers in the form of lower rates.

Families are also seeing direct tax reduction – a family of four with annual income of $73,000 (median family income) will see a tax cut of more than $2,058, a 58 percent reduction in federal taxes. In net, households are paying an average of 24.9 percent in lower taxes according to a report released by H&R Block based on their clients’ tax returns. 

Tax cuts and deregulation championed by the Trump Administration is continuing to deliver a prosperous economy for all Americans. 

Photo Credit: Gage Skidmore


2020 Democrats: We Want a Carbon Tax

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Posted by Adam Sabes on Thursday, September 5th, 2019, 1:25 PM PERMALINK


2020 field ignores Hillary Clinton campaign memo noting carbon taxes hit poor households hard

Top 2020 Democrats said that they support the implementation of a carbon tax while participating in a CNN town hall Wednesday night.

CNN's Anderson Cooper: "Would you support a carbon tax? Some other candidates say they would."

Joe Biden: "Yeah, no, I would."

CNN's Chris Cuomo: "Yes to a carbon tax?" 

Elizabeth Warren: "Yes."

CNN's Wolf Blitzer: "Do you support a carbon tax, and how much should it be?"

Andrew Yang: "I do support a carbon tax."

Pete Buttigieg: "It's one of the reasons why I've proposed that we assess a carbon tax."

Amy Klobuchar: "First of all, putting a price on carbon."

Elizabeth Warren also said: "I think that we need a climate adjustment fee on products that are imported to the United States."

Earlier in the day, Kamala Harris also endorsed a carbon tax, as reported by the LA Times.

At the CNN event, Harris was asked about the carbon tax: "How do you make sure that [companies] don't do what they will try to do, which is immediately pass that on to consumers?” 

In her reply, Harris said: “That should never be the reason not to actually put a fee, in particular, a carbon fee."

A carbon tax would impose burdens on households due to higher costs of cooling and heating, transportation, and groceries.

Even Hillary Clinton decided against a carbon tax after an internal Clinton report determined the following:

The Hillary memo states the cost of the carbon tax will be passed on to consumers: “While oil, natural gas, and coal companies would be responsible for paying the fee, they would likely pass a significant share of the associated cost on to their customers.”

The Hillary memo states that a carbon tax would have a disproportionate impact on low-income households: “As with the increase in energy costs, the increase in the cost of nonenergy goods and services would disproportionately impact low-income households.”

The Hillary memo states that a carbon tax would cause gas prices to increase 40 cents a gallon and residential electricity prices to increase 12% - 21%: “In our analysis, for example, a $42/ton GHG fee increases gasoline prices by roughly 40 cents per gallon on average between 2020 and 2030 and residential electricity prices by 2.6 cents per kWh, 12% and 21% above levels projected in the EIA’s 2014 Annual Energy Outlook respectively. 

The Hillary memo states a carbon tax would cause household energy bills to go up significantly: “Average household energy costs would increase by roughly $480 per year, or 10% relative to the levels projected in EIA’s 2014 Outlook.”

The Hillary memo states that a carbon tax would increase the cost of household goods and services: “The cost of other household goods and services would increase as well as companies pass forward the higher energy costs paid to produce those goods and services on to consumers.”

(Source: MEMORANDUM FOR HILLARY RODHAM CLINTON -- Jan. 20, 2015)

Carbon taxes are highly unpopular with voters. In fact, carbon tax advocates can’t even get a carbon tax passed in a single blue state, as this timeline shows.

Carbon taxes also saddle state and local governments with huge costs. For example, a school district in Calgary was forced to kick 400 kids off the school bus program in order to pay a $3.3 million carbon tax bill.

It's no wonder conservative groups wrote a letter to Congress Stating: "We oppose any carbon tax."

See more:

Biden Endorses Carbon Tax

Kamala Harris Calls for Ban on Plastic Straws

Elizabeth Warren's Climate Plan Calls For "Reversing" GOP Tax Cuts

Sanders: We’re Going to “Absolutely” Raise the Corporate Tax Rate

Elizabeth Warren on Corporate Tax Cuts: “I really want to see them rolled back.”

Bill de Blasio Calls for Corporate Tax Rate Hike

Amy Klobuchar: Raise the Corporate Tax Rate to 25%

Biden on capital gains tax: “We should raise the tax back to 39.6 percent”

Kamala Harris Threatens to Repeal GOP Tax Cuts 3 Times in August

Joe Biden: “I’m going to eliminate most all” of GOP Tax Cuts

Cory Booker Calls for Repeal of "Toxic" GOP Tax Cuts

Marianne Williamson Joins Dems Calling for TCJA Repeal

Kamala Admits Her Plan Would End Employer Insurance

“Medicare for All” is a Middle Class Tax Increase, Say Dems

Elizabeth Warren Can’t Dodge the Middle Class Tax Question Forever

Dem Socialized Healthcare Plan Will Lead to Middle Class Tax Hikes

Elizabeth Warren "Wealth Tax" was described by the WaPo editorial board as having "a certain authoritarian odor"

Supposed “Moderate” Democrat John Delaney Wants to Impose Carbon Tax on the American People

Klobuchar Suggests Capital Gains Tax Hike and “Doing Something” About TCJA

VIDEO: 2020 Democrats Will Raise Your Taxes

Kamala Harris Campaign Headquarters Located in Opportunity Zone Created by GOP Tax Cuts

Julian Castro: “We’re going to have to raise taxes.”

Biden and Harris: Raise the Corporate Tax Rate

Biden tweet: Ignore the fact I’ve already called for middle class tax hikes

Kamala Harris: “I Will Reverse” Trump’s Tax Cuts

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Michigan Governor Announces Unilateral Plan to Ban Nearly All Electronic Cigarettes

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Posted by Paul Blair on Wednesday, September 4th, 2019, 10:40 PM PERMALINK

Today, Governor Grechen Whitmer (D-Mich.) announced plans for the first-in-the-nation statewide ban on the sale of flavored electronic cigarettes and vapor products. Her unprecedented actions were announced as part of a “public health emergency,” which she argues gives her the power to implement a ban without legislative approval. If implemented, this ban will destroy thousands of jobs, send hundreds of thousands of ex-smokers back to combustible cigarettes, and could create political turmoil in the swing state of Michigan. 

A version of the “Protection of Youth from Nicotine Product Addition Emergency Rules” obtained by Americans for Tax Reform sheds light on the shaky basis for the use of an “emergency” for prohibition. In the rule to be filed with the Secretary of State in the coming weeks, the governor argues: 

  • “Youth who use e-cigarettes are more likely to start smoking combustible cigarettes”;
  • The youth “epidemic can be attributed to the appeal of flavored vapor and alternative nicotine products”;
  • “Prohibiting the retail sale of flavored vapor and alternative nicotine products will result in less product available on the market… which should ultimately result in decreased youth tobacco use.”


The ban applies to all flavored non-combustible nicotine products, including those with mint and menthol flavoring, and makes an absurd jump to over-criminalize the mere possession of vapor products. In an unpublished draft of the rules, “a person who possesses four or more flavored vapor products, or flavored alternative nicotine products is rebuttably presumed to possess said items with the intent to sell,” a misdemeanor offense and punishable with up to 6 months in prison in the state of Michigan. 

Criminalizing the possession of as few as four e-cigarettes flies in the face of voters’ growing sentiments about personal choices when it comes to consumer products, namely marijuana. In 2018, Michigan became the 10th state in the country to legalize the recreational use of marijuana when 56% of voters approved the Michigan Regulation and Taxation of Marihuana Act. The voter initiative legalized possession of up to 2.5 ounces of cannabis and allows homeowners to grow up to 12 plants of marijuana in their homes. Dispensaries are expected to open soon. 

The pending ban of nicotine-containing e-cigarettes and new legalization of THC/marijuana, which can be consumed through e-cigarettes is puzzling. Adults in Michigan in 2020, under Gov. Whitmer’s agenda, will be able to smoke to get high but not vape nicotine to reduce their dependence on combustible cigarettes. 

Beyond consumer product liberalization paradoxes, this move also stands to harm public health. Millions of adults are using flavored e-cigarettes that contain nicotine to reduce or eliminate their dependence on cigarettes, the use of which results in the premature death of more than 400,000 American adults annually. The growing global scientific consensus is that compared to combustible cigarettes, e-cigarettes are at least 95% less harmful than cigarettes, a fact even acknowledged by the American Food and Drug Administration. Removing these products from store shelves will leave hundreds of thousands of current and former smokers few options other than to continue or return to smoking cigarettes, products untouched by the governor’s planned ban.

It should be noted that the basis of the governor’s ban is without merit on grounds of a “gateway effect” for vaping as well. Contrary to her claims, e-cigarettes have not proven to be a gateway to smoking, evident by the fact that despite youth experimentation with the products, smoking rates among teens has fallen in recent years. In fact, new data from the 2018 National Survey on Drug Use and Health found that only 2.7% of adolescents aged 12 to 17 reported smoking cigarettes in 2018, down from 3.2% in 2017. Even more compelling is the fact that youth initiation of cigarette use declined from 2.4% in 2017 to 2.3% in 2018. Overall, there has been a 79% decline in cigarette smoking since NSDUH first measured use in 2002. 

Data from the 2018 Monitoring the Future survey indicated a similar decline in use of cigarettes, down from 5.4% in 2017 to 4.6% in 2018 among 8th, 10th, and 12th graders (which included 18-year-olds who can legally smoke). This same survey indicated that past-month use of marijuana for seniors in high school stood at 22.2%, compared to 7.6% of seniors who had reported smoking cigarettes in the past month. 

Going even further into the available data to include the use of all traditional tobacco products (cigarettes, smokeless tobacco, cigars, and pipe tobacco), just 4.2% of adolescents aged 12 to 17 reported use of these products in 2018, down from 4.9% in 2017 according to the NSDUH.

(Click for larger image)

There is no basis for the governor’s claim that adolescent experimentation with e-cigarettes is resulting in higher smoking rates among teens. As such, limiting the options that adults have in the consumer marketplace is clearly an attempt to generate national headlines in the name of a fake “public health emergency" without regard for the law, context for the use of other products, or public health consequences. 

Jacob Sullum at Reason notes, “Whitmer's e-cigarette ban rests on a breathtakingly broad reading of her authority to make emergency rules in the name of ‘public health,’ however she defines it.”

Even if the Republican-led legislature in Michigan fails to intervene, it is not likely that businesses or consumers will sit idly by as prohibition comes to pass.

The Vapor Technology Association responded to the announcement by saying that it “will evaluate every option at its disposal, including litigation, to prevent implementation of this ban. The Governor’s unprecedented misstep will force a mass exodus of products from the market and will result in what the Food & Drug Administration (FDA) itself has described as “a public health crisis” as a result.” VTA estimates that more than 1,200 jobs are and $51 million in state and local tax revenue is on the line with this decision.

The American Vaping Association responded by saying, "These businesses and their customers will not go down without a fight. We look forward to supporting the lawsuits that now appear necessary to protect the right of adults to access these harm reduction products."

Reports suggest that once finalized, the rule will provide retailers 30 days to clear out their inventory of flavored vapor products and will remain in effect for six months before subsequent regulatory and legislative actions are required.  

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