-
Cheyenne County (CO) - Cheyenne Wells
By TedderBear
-
State: Colorado
Media Market:
Denver-Colorado Springs, CO
-
-
Who's Online (See full list)
-
Latest News
-
Latest Activity
-
52
Vox Libertatis
Stop Taxing Productivity: Vox Libertatis Compares Competing Tax Plans Inflation and the cost of living has been top of mind for voters for years after the Trump/Biden spending spree crippled American families' purchasing power from housing costs to the grocery store. While neither of the two major parties seem to have a clue about how basic macroeconomics works, at least they have both come to the same conclusion that tax cuts will provide needed relief to American families with diminished purchasing power. The expiration of the Trump tax cut provisions affecting individual income taxes will also force President Allred and Congress to come to a solution before they leave hard working Americans’ taxes high and budgets bled dry. Working Families Tax Relief Act XXXIV: The Neverending Story Continues The Democrats have reintroduced the perennial Working Families Tax Relief Act which greatly expands refundable credits targeted at lower income individuals, particularly those with children. The theoretical hallmark of the Earned Income Tax Credit and Child Tax Credits is that they induce employment by requiring recipients have at least some minimal level of basic income coming in to qualify. Democrats, however, want to throw that along with your tax dollars out the window and instead spread hard working individuals like doctors and entrepreneurs’ income around to healthy able-bodied people who refuse to work. Trump Tax Cuts 2.0: The Evil Empire Strikes Back The Allred Administration and Republicans in Congress, meanwhile, have put forth the Permanent Tax Cuts Act, a bill that literally everyone saw coming, to permanently extend the Trump Tax Cuts set to expire at the end of this year, mainly impacting individual earners. Trump and company were strategically savvy enough to make the more controversial corporate and international tax regime changes permanent in 2017 knowing that no self-respecting politician in their right mind can tell the folks at home to STFU about their personal taxes going up next year. In doing so, however, Republicans abandoned the top earners by raising the top rate and further squashing those innovators with the most to contribute. Read here about that time when President Allred once eloquently pointed out that the top 1% already pay 42% of the tax burden in this country. C’est la vie, I guess. Vox Libertatis Proposals We have previously recommended abolishing the income tax and the Trump/Biden tariffs. We include these suggestions to put in perspective what could and should be versus what you get from electing the same old politicians to Congress that 64% of Americans are subsequently dissatisfied with. Abolish the Income Tax and Repeal the 16th Amendment–While we recognize that repealing the 16th amendment has significant hurdles, it does not prevent Congress from abolishing the income tax. The income tax is economically unsound because it directly penalizes productivity, discouraging individuals from working harder, investing, and saving, which are essential to economic growth and personal freedom. By taxing income, the government takes a portion of what individuals earn through their labor and ingenuity, effectively disincentivizing the very activities that drive innovation and prosperity. The income tax system also imposes a heavy compliance burden, costing billions in resources and taxpayer time every year just to navigate its complexity. Doing away with a system that penalizes earnings would enhance economic efficiency, empower individual financial freedom, and allow people to retain and reinvest more of their hard-earned money. Do not just take our word for it; Listen to economists who agree that the income tax is just bad policy that needs to go the way of the dodo. Abolish the Trump/Biden Tariffs–The late President Donald Trump imposed $80 billion in new tariffs on everyday goods during his administration that President Biden kept mostly intact throughout his four years as President. There is a persistent and egregiously incorrect argument by protectionist supporters that other countries bear the burden of the tariffs. Foreign markets may bear a tiny portion of the incidence, but the bulk of the cost is endured by American firms and consumers who are subject to higher prices, even before considering any punitive tariffs that Europe and China have imposed on our goods in retaliation. President Allred has spoken out against protectionist measures and all of the former do-over Democratic candidates for President unanimously agreed that the Trump/Biden tariffs must go. Of all four proposals, this is the easiest bipartisan win for the President and Congress and can be done tomorrow with just a tweet, apparently. Its a shame that Allred decided to appoint Robert Lighthizer, the tariff-czar-in-chief back at USTR. Hopefully the President steamrolls him and ends the Trump-era trade wars. What Would Reagan Do? Tax Proposal Comparison and Analysis: We analyzed and compared the four aforementioned tax plans utilizing public estimates and data from a diverse array of sources including the Congressional Budget Office, Internal Revenue Service, the Penn-Wharton Budget Model, left-leaning Tax Policy Center, and more business-friendly Tax Foundation. Whether measured in total aggregate savings, or average savings per taxpayer, the Republican and Democratic proposals pale in comparison to our proposal to abolish the income tax. The Republicans Permanent Tax Cuts Act performs marginally better than the Democratic proposal by saving taxpayers $1,990 on average per year beginning in 2026 compared to approximately $1,350 on average from the Working Families Tax Relief Act. Meanwhile our proposal saves hardworking American taxpayers a whopping $14,279 per year. Now that’s what we call higher wages. The tariff solution on its own saves almost half of the Democrats plan and $625 per year per household. But if we give credit where it is not due and add them together since most Democrats are on record supporting an end to the tariffs, then the total savings from both the Working Families Tax Relief Act and the Trump/Biden tariff repeal together is roughly comparable to the Republican plan in terms of average savings per taxpayer. Until either party actually puts into action a bill or executive order to repeal the tariffs, however, we own the patent on that idea. Taken together with our proposal to abolish the income tax, will save American taxpayers an average of nearly $15k per year. As we have already mentioned, not only will this greatly increase American families purchasing power and alleviate the burdens of higher costs of everyday goods, but it will unleash an unprecedented new wave of innovation and mobility once hard work, productivity, and international commerce, are no longer shackled by an oppressive 1900s-tax regime that never should have been allowed to stifle the free market in the first place. Its time for Americans to stop working for no one but the Taxman, and: #ChooseFreedom -
12
Communications Office Of Sen. Douglas Butcher
PRESS OFFICE OF SENATOR DOUGLAS BUTCHER (R-TX) Senator Butcher At Nigiri Cubano In San Antonio, Talks Minimum Wage Text of remarks by Senator Douglas Butcher during an appearance at San Antonio area restaurant Nigiri Cubano, a Japanese-Cuban fusion restaurant owned and operated by his wife Nina. It is a pleasure to be here with my lovely wife, Nina and to enjoy this fantastic restaurant that she has worked so hard to build. I highly recommend the lechon bao empanadas. Excellent. And if you come here, make sure you tip your waitress or waiter. In our service economy, the tip has become a vital part of how these hardworking men and women earn their living. That brings me to one of the first bills we will be considering in this upcoming session of the Senate. I am not a fan of the federal government raising the minimum wage. I believe in federalism, and I generally don’t support efforts at the federal level to address that issue. I believe the cost of living in Manhattan is so far removed from the cost of living in Fargo that a federal approach is normally a bad idea. However, the one thing I am very excited about is the provisions that will be in this bill that will remove taxation on tips. That’s going to be more important for working people than any increase in the minimum wage. The way it’s currently being considered is through a tax credit. I would prefer not collecting the taxes I the first place. Taking the taxes and then giving them back is not the best way to handle that. Nonetheless, it is the right idea and it’s coming from the Kyle Squared Administration, so that’s something you would probably not see from a Democrat Administration. I will vote for this bill even if the tip issue is still a tax credit. I just think it would be a better way to do it by not collecting those taxes in the first place. This is the guiding principle of why I’m willing to vote for this minimum wage bill when I generally oppose that kind of legislation. States and local governments are generally better able to set minimum wage policy than the feds. In closing, I’d like to point out one of the dumbest things I’ve seen in quite some time. Senator Donnelly of New York just released one of the dumbest press releases I’ve seen in a while. She talks about New York State having a $15 per hour minimum wage. This leaves out New York City, Long Island and Westchester County where the minimum wage is $16. Senator Donnelly then about doctors making minimum wage. The entry level for a physician in her state in $23.84 per hour and the average salary is $155,664. So, she needs to stop peddling the nonsense that doctors are making the same as people flipping burgers at McDonald’s. Lastly, she talks about al immigrants, legal or illegal, being able to live the American dream. No. They don’t. Those who have broken the law to come to this country have broken the law. They are not entitled to anything. My wife’s family came here from Cuba. They immigrated legally to this country as political refugees. They played by the rules and did things the right way. At some point, this ignorant and somewhat racist view that there is no difference between legal and illegal immigrants needs to stop. To make a statement like that, the senator just sees Spanish-speaking brown people and doesn’t respect the millions of Latinos who aren’t breaking the law in this country. That being said, I look forward to a lot of ridiculous as Democrats come out against increasing the minimum wage. So, we will see how the bill works its way forward. With a few tweaks, it’s a good bill and I look forward to supporting it. -
0
-
-
Upcoming Events
-