New York Governor Andrew Cuomo [D] visited the White House on Tuesday to urge President Donald Trump to rethink a provision in the 2017 tax overhaul that Cuomo says is prompting a sharp decline in state revenues.
The Democratic governor met with the Republican president to discuss the $10,000 cap on the federal deduction for state and local taxes—known as SALT.
Cuomo said the cap is prompting wealthy residents to flee New York and contributing to a recent drop of more than $2 billion in tax receipts.
Shades of FDR, and a betrayal from the putative right of center. Senator Marco Rubio (R, FL) wants Government to dictate to private enterprises what they must do with company profit.
The plan backed by Rubio encourages domestic investment by making full and immediate expensing permanent “as a way to discourage companies from pursuing share repurchases.”
Right move, wrong reason. Immediate expensing ought to be a permanent item in tax code reform on its own right. Delaying expensing or stringing it out is just another aspect of using our tax code for social engineering, which bastardizes our tax collections and distorts our market away from the most efficient use of our money—whether business money or personal. And that most efficient use might well include stock buybacks; that’s a business decision with which Government has no business interfering.
Now it’s Twitter that’s engaging in toxic (non)-speech, not the speech in the tweets themselves.
A Canadian blogger is having to sue Twitter over the latter’s blatant censorship of free speech because, apparently, she isn’t toeing the Twitter (or me also “movement”) sexual politics line.
Meghan Murphy, the founder of the blog Feminist Current, was locked out of her account last year when the company asked her to delete a tweet that said, “Men aren’t women,” CNET reported, citing the lawsuit. A second tweet said, “How are transwomen not men?” according to the suit.
Authorities say the homeowner defended himself when the suspects entered the home. Following the shooting, the suspects fled from the scene.
At another scene, a vehicle was found about two blocks from the shooting, where a man was found dead in the backseat.
Authorities say that out of five people shot, three of them died. All were suspects in the alleged home invasion.
Progressive-Democratic Party candidate for President, and mayor of South Bend, IN, Pete Buttigieg is an illustration of the Progressive-Democrat candidates’ lack of understanding of two of those three.
Proximately, he’s upset that President Donald Trump demurs from the socialist movement of Party and its cronies of the Left and Far Left; Buttigieg actually is insisting that
the word [socialism] doesn’t have the same negative connotations it did for past generations.
New data show the reversal [in the one-child policy] isn’t having the anticipated impact. The number of newborns in China dropped to 15.23 million in 2018, according to the National Bureau of Statistics. That’s two million less than 2017 and 30% below the median official forecast of more than 21 million.
This has serious implications for, among other things, the PRC’s old-age pension and medical care capacity (eliding the impact on the PRC’s ability to man an armed forces establishment of the size it currently has).
Progressive-Democrat strategist and pollster Doug Schoen is worried about new rumors that Amazon might pull out of its agreement to relocate a part of its HQ2 in New York City. He’s hanging his hat on the commitment from Amazon to produce 25,000 jobs at an average salary of $150,000 per year.
It would be a “disaster for the city,” he wrote in the Fox News op-ed, for Amazon to pull out.
Burdened by a shrinking tax base, crumbling infrastructure, and a lack of good-paying middle-class jobs for the future, New York City needs innovators like Amazon.
No, I’m not talking about the Progressive-Democrats’ efforts against President Donald Trump in the Federal Government’s House of Representatives.
This is about Virginia State Delegate Patrick Hope’s (D) move in the House of Delegates to impeach (and presumably get a State Senate conviction) Virginia Lieutenant Government Justin Fairfax over two women’s accusations of sexual assault. Even though Hope has decided to HIA his push pending additional conversations that need to take place before anything is filed, it’s worth considering some implications of this rush to judgment.