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« Reply #1 on: February 16, 2018, 12:36:14 AM » |
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________________________________________ The Patriot Post Digest 2-15-2018 From The Federalist Patriot Free Email Subscription ________________________________________
While Democrats railed against the tax cuts as being “Armageddon25,” the only visible disaster appears to be their own loss of power — the power of controlling people through class warfare rhetoric and empty accusations. Every time another company gives their employees a bonus, the Democrat lie of Armageddon becomes even more baseless, absurd and ridiculous.
The same goes for their other line of attack that raises and bonuses are “crumbs26.”
Americans for Tax Reform’s growing list27 of 346 companies giving bonuses, pay increases or 401(k) contributions reveals that 3.5 million Americans (and counting) are benefitting28 as a direct result of the new tax law. Companies issuing bonuses, wage increases, gifts of stock, 401(k) contributions, corporate charitable donations or other benefits include AT&T, Home Depot, Bank of America, Pfizer, FedEx, Lockheed Martin, Exxon Mobil, Walmart, Verizon, Apple, Fiat Chrysler, JP Morgan, Anthem, Lowe’s, Humana, Best Buy, CVS, Chipotle, Tyson Foods, Hostess Brands, Boeing, Comcast, Comerica Bank, and Southwest Airlines.
Trump’s tax cuts reveal the truth about the free market: When the market is free, the people are free. As F.A. Hayek, Nobel Prize winner in economics, stated, “Economic and political freedom are inseparable.” Fewer regulations and lower taxes free companies to thrive, and when companies thrive, workers thrive. And when workers thrive, the country thrives. Economic freedom grants both political and personal freedom.
Republicans’ Tax Cuts and Jobs Act stands as the most sweeping and comprehensive tax reform in the past 30 years. Tom Giovanetti, president of the Institute for Policy Innovation, a public policy research organization, writes29, “President Trump has already done more to grow the U.S. economy than the last four presidents and 28 years combined.” Lowering the corporate tax rate from 35% (the highest rate in the developed world) to 21% finally positions the United States to be competitive in a global economy. Giovanetti continues, “Beginning in 2018, the U.S. is once again the best place in the world to do business. … Look for companies to relocate their headquarters and facilities to the U.S., instead of U.S. companies moving offshore.” This means millions of American jobs for American workers. For example, Fiat Chrysler, has already announced30 plans to relocate back to the U.S. from Mexico, a move that will create 2,500 new jobs in Warren, Michigan.
Furthermore, as a result of the tax cuts, utility companies plan to lower prices for consumers. DTE Energy proposed31 a 3% energy rate cut for its customers, while Pepco, Baltimore Gas and Light, Pacific Power, Rocky Mountain Power and Commonwealth Edison also announced32 they would be reducing rates for customers.
In addition, recent polling reveals an increase in optimism. Americans with positive views of the U.S. economy are at a 17-year high according to a new NBC News/Wall Street Journal poll33. A recent UBS Investor Watch Report also revealed34 soaring optimism for business owners. The report indicates that 73% of respondents believe the recent tax reform makes business ownership more attractive. In addition, 72% responded as highly optimistic regarding the state of the current economy. This stands as the highest level since the financial crisis.
Last month, in his remarks35 to the World Economic Forum in Davos, Switzerland, President Trump referred to this optimism, stating, “There has never been a better time to hire, to build, to invest, and to grow in the United States. America is open for business, and we are competitive once again.”
Ultimately the Trump tax cuts represent not only a triumph for the American worker, but a triumph for supply-side economics. Rather than the Keynesian theory of economics in which government spending “stimulates” the economy, supply-side economics posits that freeing the market, allows the market and the people to flourish. As a result of tax cuts, not government mandates, companies are paying higher wages, granting bonuses, contributing to 401(k)s, giving to charities and establishing family leave policies. The notion that big government, high regulation and class warfare present the solution to our country’s problems has begun to fade. In its place, freedom, enterprise and ingenuity have begun to live once more. Dream again, America. This is your time.
MORE ANALYSIS FROM THE PATRIOT POST
Fauxcahontas Blows More Smoke Signals40 — Elizabeth Warren tries to bolster her 2020 résumé with more Native American claims and attacks on Trump. Budget Betrayal41 — With spending, the irresponsible mindset of both parties is the same, albeit for different reasons. Ellison Joins List of Dems With Connections to Farrakhan42 — High-profile Democrats yearn to associate with the hateful Nation of Islam, and it’s bad for the country. Video: Bill Murray on Why Comedy Is Harder Now43 — “Thinking about what resonates and what is common to all of us … [is] harder and harder to do.”
BEST OF RIGHT OPINION
Ann Coulter: Anatomy of a Coup44 Victor Davis Hanson: Who’s Really Winning the North Korea Standoff?45 Larry Elder: What Left-Wing Educators Don’t Teach During ‘Black History Month’46 Ed Feulner: Zoning Out on Free Speech47 Cal Thomas: The War That Never Ends48 For more of today’s columns, visit Right Opinion49.
OPINION IN BRIEF
Ann Coulter: “[Christopher] Steele’s dossier is not like a neighbor who hates you telling the police you’re cooking meth in your basement. The police still have to investigate, don’t they? First of all, if after 18 months of police work, the only evidence that you’re cooking meth in your basement is STILL your neighbor’s bald accusation, reasonable people will conclude that your neighbor is a liar. That’s what the Steele dossier is. It was the only evidence of Trump’s collusion with Russia 18 months ago, and it’s the only evidence of Trump’s collusion with Russia today. Moreover, it’s not just the informant who hates the target. The investigators do, too. This is more like a police officer calling the police on his wife, sending himself on the call, shooting her, then writing up the police report concluding it was a justified shooting. When your entire investigation turns on a handful of people with corrupt motives, maybe it’s time to call off the investigation.”
SHORT CUTS
Observations: “Kehinde Wiley, who painted [the official portrait of] former President Obama, is also known for portraits that depict black women holding the severed heads of white women. … After Kathy Griffin, I had hoped that we could at least agree that severed heads are never a good idea.” —Gary Bauer
Food for thought: “Reminder: make sure to announce your Lenten fast on social media so that everyone can be impressed with your stunning self-sacrifice.” —Matt Walsh
Actions speak louder than words: “The only enemy here is overreach. Now is not the time nor the place to reform the entire legal immigration system. Rather, this is the time for a narrow bill.” —Senate Minority Leader Chuck Schumer (D-NY)
Inevitable jackassery: “Whoever says: —'A gun didn’t do this; a sick person did.‘ —'Thoughts and prayers to all the families.’ —'Now is not the time to discuss gun control.‘ Get lost. Get off my feed. You are not part of the America we need to strive for.” —Peter King of Sports Illustrated
Gun control broken record: “Don’t tell me tomorrow isn’t the appropriate time to debate gun violence. If you’re a political leader doing nothing about this slaughter, you’re an accomplice.” —Sen. Chris Murphy (D-CT)
Braying Jackass: “To me, [Chief of Staff John Kelly is] somewhat reminiscent of Mike Flynn, to be honest. He just seems to have changed since he’s fallen into the orb of the president.” —former Director of National Intelligence James Clapper
Alpha Jackass: “It’s one thing to talk to Jesus. It’s another thing when Jesus talks to you. That’s called mental illness if I’m not correct. Hearing voices.” —Joy Behar slandering Mike Pence
Stopped clock: “She’s a bright, well connected, sadistic sociopath.” —WikiLeaks founder Julian Assange in a leaked message about Hillary Clinton
And last… “What is far worse than hypocritically standing up for good in public while doing bad in private is to let your own private sins deter you from doing good in public. I would much prefer to see a wicked man be a hypocrite and vote for what is right and good, rather than choose consistency and advocate for wrongdoing.” —Dan McLaughlin
Join us in daily prayer for our Patriots in uniform — Soldiers, Sailors, Airmen, Marines and Coast Guardsmen — standing in harm’s way in defense of Liberty, and for their families. We also humbly ask prayer for your Patriot team, that our mission would seed and encourage the spirit of Liberty in the hearts and minds of our countrymen.
Semper Vigilans Fortis Paratus et Fidelis
Nate Jackson, Managing Editor Mark Alexander, Publisher
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