Larry then gets into an article discussing the New York Times going bankrupt and the hypocrisy of the paper. Trump has lost lots of $$$ since being in office, the opposite of a grifter: “Trump has lost $1 billion in personal wealth since running for president” (NBC)
Rush Limbaugh does a great job in comparing New York Time’s articles from 2016 to this story (2019), as well as the news coverage from those years. He ends the show with the first season of Apprentice, which aired in 2004 — where Donald admits to being dead broke at one point, a billion+ in the hole. It is soo funny what people glom-on-to. I add the opener video to The Apprentice to the beginning, but keep just the audio to Rush’s ending. (“I won, bigly…” This line has always cracked me up! Who says that? Trump does, that’s who.)
Dr. John Eastman was on Larry Elder’s show discussing the Democrats wanting Trump’s tax returns. Much like Mitch McConnell warning about “shoes on other’s feet,” the Democrats should tread lightly… because IF this passes Constitutional muster, Trump can order tax returns to be released as well. Good insights from the professor as usual.
Roughly half of the United States’ workforce depends on small businesses thriving. But high taxes and intrusive government regulations hurt these businesses and their workers. How would tax cuts for these small businesses benefit the U.S. economy and help just about everyone?
Dan Bongino makes a simple case anyone can participate in. The TAX POLICY CENTER has this “spread sheet” (which includes Excel or PDF downloads as well) showing federal revenues corresponding to each year.
Larry Elder plays CBS’ tax special with three families (watch the CBS video here at TOWNHALL) from different incomes: (a) little under $40,000 a year; (b) more than $150,000 a year; (c) couple’s combined income was $300,000. Turns out ALL THREE will get a tax return. The Democrats know they are in trouble!
GAY PATRIOT comments on the main idea that the Left are a bunch of babies with almost zero understanding of anything economic:
The tax “reform” bill the US Senate passed last night is pretty lame, actually. It keeps the current ridiculous progressive structure of seven separate tax rates. (The House reduced it to four, and the correct number ought to be one.) Susan Collins was bought off by retaining the mortgage interest deduction on vacation homes for millionaires. Freeloaders at the lower income brackets still pay nada. Some high income progressives from blue states are whining because some of their state and local taxes are no longer deductible. Sucks that you progressives in high tax blue states forgot to elect any Republican senators.
There has also been a lot of howling from the “suddenly we’re concerned about the debt” progressive left that the bill will add $1.5 Trillion to the National Debt over ten years. That figure represents less than 3% of Government expenditures in that time period. Cut Government spending 3% (I’m sure we can get by on 97% of the Government). Problem solved.
It’s a lame bill. Really, the best part of the Senate Bill passing has been watching the histrionic meltdown on the Progressive Left. (But even that gets a little boring considering the progressive left has a histrionic meltdown at literally everything Donald Trump does.)
America died tonight. Economic suicide adopted to feed the insatiable greed of donors, who have been refusing to dole out $ to GOP until they got their tax cuts. Voters fooled by propaganda and tribal hatred. Millenials: move away if you can. USA is over. We killed it. – Kurt “Tentacle Pron” Eichenwald
The Republican Party is the enemy of the American people. The Senate just passed the Trump Tax Increase, 1:50am, enriching the 1% & concentrating wealth in the hands of the few. Capitalism & Fascism. The coup is underway. Make no mistake about it. EVERYONE OFF THE BENCH! 11/6/18! – Michael “I was relevant for a while in 2003” Moore
“While you slept last night Trump’s pedophile-coding GOP broke into your house and raped your children and their future in favor of the Republican’s biggest donors. They groped you too taking your Medicare, social security and Medicaid with them.” – Frank “No I’m Not a Drama Queen at All” Schaeffer
Is there any going back after this #TaxBillScam? To America? Does it matter now if Trump is impeached? There’s no America now. Not the one we knew. Sorry, feeling real despair this morning. – Patton “Who?” Oswalt
Oh, Patti, don’t feel so bad. There are lots of other countries you can move to. Have you considered Mexico? No Republicans there. Strict gun control, too. The Government is very progressive, taxes are very progressive, and economic activated is highly regulated. It’s a lot like California, come to think of it. But with fewer Mexicans……..
It is comical to see Democrats feigning outrage over the claim (likely false) that the GOP tax reform plan will add to the national debt. Talk about a head-snapping about face! Where was the Dems’ concern about debt when the Obama administration ran up $10 trillion of it?
$1.5 Trillion represents less than 3% of Government spending over the next ten years. If that’s a problem, then, by all means, cut spending by 3%.
Democrats are also suddenly hollering about “state’s rights” because Congress is looking to make concealed carry licenses valid across state lines; like driver’s licenses. (And, yes, most states require training and a background check before a concealed carry license is issued.) The Democrats have suddenly taken a position analogous to claiming Rosa Parks only had the right to sit in the front of the bus while she was in Alabama…..
Larry Elder destroys the Democrats talking points on Trump not paying taxes. Like I have said before this is not an argument against Trump but an argument against the progressive tax system as currently in our tax law code.