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Tag Archives: tax bill

David Davenport: Previewing Trump’s First State of the Union Speech

Compromise

A president’s first state of the union message is an important occasion. But in our era of political theater, there is some danger that this year the sideshow will overshadow the main attraction.

Several Democratic members of Congress say they will boycott the event.  One Congresswoman is encouraging females who do attend to dress in black.

Despite the political challenges, “it’s the economy, stupid.”  If Trump makes this primarily an economic address, he can succeed.  Think about it:  unemployment is down, jobs are up and the stock market is on fire. His big piece of legislation, the tax bill, is projected to lead to even more economic growth. The president has problems elsewhere, but so far so good on the economy and that should be his message.

The Constitution does not actually require this kind of televised state of the union address, though tradition does.  It’s always possible that a nontraditional president like Trump might surprise us and do something completely different.

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Jerry Bowyer: A Necessary Fix On Tax Reform

Shooting Florida

The Senate version of tax reform has a hidden problem which needs to be addressed. It would greatly increase the tax burden on companies which are in debt. When a company expands operations, by say, building a factory, they usually borrow money to do it.

The tax code has always allowed business to take the cost of that borrowing into account when they calculate their profit for the sensible reason that it is a cost of doing business. Tax reform is cutting that back, and the Senate version is cutting it back severely, especially for companies that own a lot of heavy equipment such as miners and manufacturers, exactly the type of companies that we’re trying to revive as part of the Trump growth agenda.

If we get this wrong, during the next downturn, we may well see an epidemic of high growth and heavy equipment companies driven into bankruptcy by their inability to pay their old debt and their new taxes on it at the same time.

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Home Stretch for GOP Tax Plan!

Opioids Tariffs

Townhall Review — December 09, 2017
Hugh Hewitt asks Senate Majority Leader Mitch McConnell when the tax bill is expected to be delivered to the President and what the outcome will be for America. Michael Medved speaks with Stephen Moore, Chief Economist at the Heritage Foundation, on how he reviews the tax reform efforts so far. Hugh Hewitt reveals a portion of his “blockbuster revelation” opinion piece in the Washington Post concerning the sudden removal of Peter Strzok by Robert Mueller. Hugh Hewitt then turns to James Hohmann, National Correspondent at the Washington Post, concerning the questionable integrity of Robert Mueller’s team. Michael Medved shares his thoughts on how he thought the U.S. Supreme Court responded to the Masterpiece Cake Case out of Colorado. Medved reveals the double-standard the Left has concerning President Trump lighting the White House Christmas tree. Mike Gallagher invites Byron York, author and columnist for the Washington Examiner, to share how President Trump may have violated a two-century-old law. Wrapping up, Dennis Prager shares how today’s “science” is so warped that it no longer abides by biological sex.

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Murder at the Border

Opioids Tariffs

Townhall Review – November 25, 2017

Violence strikes again on the U.S southern border, this time it is the murder of a Border Patrol Officer. U.S Attorney General Jeff Sessions addresses the issue with Sam Malone, sitting in for Mike Gallagher. Fred Flietz, former CIA Analyst, now with the Center for Security Policy gives Rose Tennent, in for Dennis Prager, an update on the Mueller investigation. Robert Costa of the Washington Post shares the latest with the tax bill. Selena Zito of the Washington Examiner speaks with Hugh Hewitt about the harassment accusations against U.S Senator Al Franken. Michael Medved speaks with Arthur Brooks, President and CEO of the American Enterprise Institute on how to make the current tax system better. Hugh Hewitt invites writer-director Stephen Chbosky to share about his latest movie, “Wonder,” which has seen a roar of approval at the theaters. Lawrence O’Donnell, host of MNSBC’s The Last Word shares about his fascinating book: Playing with Fire: The 1968 Election and Transformation of American Politics. Wrapping up the show, Michael Medved sarcastically reveals who his prestigious Golden Turkey Award goes to. Tune in to find out who it is!

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