American Elephants


Democrats Are So Predictable by The Elephant's Child

Leftists are so predictable. President Trump announced that he wanted to cut the corporate income tax, and the sky immediately started to fall. “Tax cuts for the Rich” Charles Schumer cried. And so the battle was formed. Republicans insisted that the tax cut would more than pay for itself by increased economic activity. Democrats countered with the claim that Republicans were just trying to give taxpayer money to their richest friends.

The Leftist Tax Policy Center which mainstream-media outlets refer to as “nonpartisan” is full of former Obama economists.

Kevin Hassett, newly appointed to head the Trump Administration’s Council of Economic Advisers was having none of it. In his first official speech he accused the Tax Policy Center’ of using false assumptions on tax details that have never been published and “manufacturing income-redistribution  and deficit numbers that don’t even exist.

Kevin Hassett is the new face at the highest economic level of the Trump administration. But he’s no neophyte. He has a PhD in economics from the University of Pennsylvania. He has spent time on the staff of the Federal Reserve Board in Washington. He taught at Columbia Business School. He was a long-time economic-policy director at AEI.  …

“Economists who have studied the effects of taxes over time have discovered a consensus,” he said. “Lower marginal tax rates and a broader base increase the rate of economic growth and well-being.” …

During his TPC speech, Hassett noted that “for the median household in the U.S., the top corporate marginal rate cut from 35 percent to 20 percent would boost wage growth almost four-fold.

Democrats don’t like corporations, with the exception of those who donate to Democrats, and they don’t like corporate leaders, with the same exception. And they plan to continue permanently their particular need to claim that any tax cuts will benefit only the wealthy.

President Trump’s tax proposals are intended to end the Obama administration’s war on business, and get the economy back to work.It is clearly picking up steam, the stock market is way up, and Democrats are warning that a massive recession is imminent. Of course.

A tax on a business goes on the corporate ledger as a cost of doing business. If business taxes go up — so does the cost of the products they make. If the cost of doing business goes down, they can invest that money in new machinery, new products and new innovation. Those expenditures create more business, which is a direct benefit to the wage-earning middle class.

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It’s Come to This: It’s Time to Ban Trucks! by The Elephant's Child

Gun Control seems to remain as a feature of the conversation. Conservatives keep explaining (and explaining ) that guns are inanimate objects, and it is the shooter who is the problem, but they will have none of that. It’s the guns they want to control. (Since they seem to think Conservatives live in the backwoods of Southern states and are uneducated hicks, possibly they are afraid we will break out of our hideaways and attack them with our guns?)

I was reminded that a large truck, driven by a Muslim immigrant, plowed into a crowd of people in the southern French city of Nice, killed at least 83 people and left 18 in critical condition. It wounded 458.

The scene in Nice was one of devastation, with the heavy-duty white truck stalled amid the bloodshed on the street, its windows smashed and riddled with bullets from police gunfire.

“I saw bodies flying like bowling pins along its route. Heard noises, cries that I will never forget,” he wrote.

Well, clearly, we should ban trucks. Same mindset.




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