Posted on 11/09/2017 12:21:05 PM PST by Mariner
In the last four national elections, Americans made it clear that we wont accept the economic stagnation weve suffered during this past decade. Obamas policies of higher taxes and greater regulatory burdens suppressed economic growth to a dismal 1.5 percent annual average about half the post-war growth rate of three percent.
Reagan averaged 3.5 percent annual growth by reducing the tax and regulatory burdens crushing the economy. The result: one of the greatest economic expansions in American history.
The Trump administration has made significant progress on regulatory relief, as attested by rising wages, employment opportunities and consumer confidence. But tax relief is vital to finish the job.
The imperative should be clear. The American corporate tax rate of 35 percent is the highest in the industrialized world. True, lots of special interest loopholes to politically connected companies bring the average rate to 18.6 percent. Thats precisely the problem: Companies that havent gotten these breaks have fled the country taking trillions of dollars and millions of American jobs overseas.
By closing the loopholes and lowering the rate to an internationally competitive 20 percent, economists tell us we can add $5 trillion to the American economy over the next decade (averaging $40,000 per family).
(Excerpt) Read more at sacbee.com ...
Sure thing
Laz is on one side of Atl and Im on the other. Im more in the north woods though. Its nice....people,politics, and fair food....cant ask for much more
Correct. The current tax reforms do nothing more than give a big corporate tax break to ryans chamber of commerce donors paid for by raising taxes on two earner families whose taxes will go UP under either House or Senare bill. This is not tax reform but a tax giveaway to gop donors paid for by the middle class.
Californians wrecked Colorado. No way around it.
Want to change our state welcome sign to “Welcome to Colorado. Now go home!”
I’m in Maine and I voted NO on the Medicaid expansion.
People don’t realize that there is an estate recovery provision in that Medicaid expansion. One’s heirs could lose their home, family farm, woodlands, etc.
The YES vote came primarily from heavily populated southern Maine and the coastal areas, which are RAT strongholds.
Governor Paul LePage said that he will try to block it from taking effect.
It passed 59% Yes to 41% No.
At least a year ago Mainers told Bloomturd to go to hell and voted NO on universal super duper background checks.
Go ahead, who's stopping you? Explain please how enough Californians moved to Colorado and became voting residents to give you Hickenlooper. No your state's liberal proclivities go far beyond some Californians moving to Colorado.
For Coloradans, Texans, Oregonians and washingtonians to name just some of the states blaming migrants from California for their liberal woes to be correct it would leave California with a liberal deficit making it on balance a Conservative state and we know that's not true, so you all should just own up to your own issues a instead of crying like liberals blaming someone else.
Just sayin. I mean we Conservatives in California don't go blaming anyone else for our shit, well except when Clinton and Obama were in office, we know the illegals worked hand in hand with the democrats to steal the state, just like they are doing in Texas and other states all across America.
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