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Entrepreneurs and small businesses are being crushed by an outdated, confusing and counter-productive tax code.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.
"You get what you pay for," the adage goes. Not with the Affordable Care Act. When open enrollment starts Nov. 1, the public will see they're going to be paying lots more for health insurance in 2017 and getting less. Across the country, state insurance departments are announcing double digit premium hikes, often as high as 20 percent and occasionally even 40 percent.
People who earn too much to qualify for a subsidy will be forced to pay as much as a fifth of their income for health insurance. And they'll get less choice of doctors and hospitals and less prescription drug coverage.…
"From start to finish, it is obvious that the FBI gave Clinton special treatment. The failure to empanel a grand jury and issue subpoenas, the granting of five immunity deals to her aides, and the agreement to destroy potential evidence all lead to the conclusion that Comey bent the rules to make sure Clinton was cleared. Rabid Clinton supporters comfort themselves by insisting that those who do not…[more]