Begrudgingly Celebrating the 30th Anniversary of the Tax Reform Act of 1996
Entrepreneurs and small businesses are being crushed by an outdated, confusing and counter-productive tax code. And businesses aren’t the only ones being squeezed. The United States has the highest business tax rate in the world, which is costing American families $3,000 per year in spending power.
Yet despite these challenges, last week marked a staggering 30 years since Congress last passed major tax reform.
Working together, the next president and Congress can deliver for America's taxpayers by simplifying the tax code and setting a fair business rate of no higher than 25 percent within the first 100 days.
Attorney General Loretta Lynch tells us that her meeting with Bill Clinton aboard a private jet on the Phoenix airport tarmac was "primarily — you know, just two Democrats swapping stories about their grandkids and whatnot.
The nation's top law enforcement official and the former president and husband of the presumptive Democratic presidential nominee — who is under federal investigation — had a talk. Rather than conceding that such a private encounter is at the very least a conflict of interest, Democrats preemptively complained about the "optics."…
"With the news that Obamacare premiums will go up by an average of 22 percent next year, the Democrats and their media cheerleaders have engaged in Olympic-caliber hand-waving and misdirection, anything to avoid admitting the obvious: that the program is poorly designed, incompetently executed, and based on false assumptions about what actually ails the U.S. health-care system. The case for replacing…[more]