As 2025 approaches, a critical debate over extending the 2017 Trump tax cuts that finally ended America…
CFIF on Twitter CFIF on YouTube
Image of the Day: U.S. Corporate Tax Rate Remains Too High

As 2025 approaches, a critical debate over extending the 2017 Trump tax cuts that finally ended America's inglorious status as the developed world's highest corporate tax rate looms.  Important in that debate is something that many people may find surprising:  America's corporate tax rate remains too high.  As our friends at the Tax Foundation highlight, at 25.8%, it stands above the worldwide average of 23.51%.  Something to keep in mind when opponents of tax reform and greater global competitiveness attempt to mischaracterize our current rate as somehow too low.

 

[caption id="" align="aligncenter" width="508"] U.S. 25.8% Corporate Tax Rate Remains Too High[/caption]

 …[more]

December 20, 2024 • 09:17 AM

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Pelosi's Impeachment Stunt Print
By Betsy McCaughey
Wednesday, January 08 2020
By the end of January, the Senate will have voted to acquit Trump. Pelosi and her party will be the big losers.

Imagine if a district attorney charged you with wrongdoing, and then let the charges hang over you indefinitely?

That's the stunt Nancy Pelosi has been pulling, sitting on the articles of impeachment against President Donald Trump since Dec. 18.

Senate Judiciary Committee chair Lindsey Graham, R-S.C., accuses House Dems of "trying to hold these articles over the head of the president," denying him a chance to be acquitted.

Graham says "if we don't get the articles this week," then Senators should deem the impeachment articles "delivered to the Senate" so the trial can begin.

Monday, freshman Senator Josh Hawley, R-Mo., asked what's to stop Pelosi from holding the articles indefinitely. "If Americans are sick of this impeachment saga, this partisan circus now," think how they'll feel months, or even a year, from now.

Hawley is proposing a 25-day deadline. If the House fails to deliver the articles and name a legal team by then, the Senate can vote to dismiss the charges.

Hawley and Graham are rightfully fed up, but Graham's proposal is the better one. The president and the nation deserve a verdict, not just a dismissal.

To get it done, Senate Majority leader Mitch McConnell will have to drop the fiction that the Senate is still a place for bipartisan civility. It's time for a reality check.

In a previous era when senators prided themselves on bipartisanship, the Senate established a requirement for a 2/3 majority to consider any rules changes. Republicans and Democrats would have to agree. That can't happen this time. Republicans have a bare 53 votes, and no Democrat is likely to support a rules change.

McConnell blasted Pelosi on Monday for treating impeachment like a "frivolous game." To outmaneuver her, McConnell will have to resort to a parliamentary device  the "nuclear option"  that requires only a simple majority. He used it before to prevent Democrats from blocking Trump's judicial and executive branch nominees. The stakes are higher now: a timely trial for the president.

The trial will begin, according to McConnell, with House Democrats arguing their case, followed by a rebuttal from White House lawyers. At that point  not before  senators will decide whether to call witnesses or proceed to a verdict. It's the same plan unanimously adopted by the Senate for the trial of President Bill Clinton.

Senate Minority Leader Chuck Schumer is demanding an upfront guarantee of White House witnesses, knowing he won't get it. It's a public relations stunt to smear Trump's expected acquittal as "unfair," damaging him for his re-election bid.

Some Republicans would like to call the Bidens. Reuters reports that, according to a former member of the Ukrainian parliament, Hunter Biden was hired as a director of Burisma Holdings to protect the company from investigation, when Vice President Joe Biden was the U.S. point person on Ukraine.

Democrats applauded Monday when former national security adviser John Bolton announced he would testify if called. Predictably, Senator Mitt Romney, R-Utah, still smarting from Trump's bypassing him for secretary of state, immediately said he'd like to hear from Bolton. But centrists Susan Collins, R-Maine, and Lisa Murkowski, R-Ark., are sticking with McConnell's plan, which postpones the witnesses question until after opening arguments.

That's wise because the key issue facing senators is whether the charges against Trump are impeachable offenses. For the first time in history, the House impeached a president without accusing him of breaking any law. Democrats insist they can nail Trump for "exercising power with a corrupt purpose, even if his action would otherwise be permissible"  putting political advantage above the national interest.

By that definition, every politician is guilty. Expect a majority of senators, including some Democrats, to see the danger of such flimflam charges.

By the end of January, the Senate will have voted to acquit Trump. Pelosi and her party will be the big losers. They impeached a president for partisan gain, and then tried to delay the trial in a desperate search for evidence to make the charges stick. Voters will judge them harshly in November.


Betsy McCaughey is a former lieutenant governor of New York state and author of "Government by Choice: Inventing the United States Constitution." 
COPYRIGHT 2020 CREATORS.COM

Notable Quote   
 
"Days before departing his last political job, a beleaguered Joe Biden went to the podium to announce a long-awaited ceasefire between Hamas and Israel. But when pressed by the news media over who should get credit for the deal, the 46th American president demurred.'Is that a joke?' Biden retorted Wednesday afternoon. And moments later he walked away without providing an answer.Half away across the…[more]
 
 
— John Solomon, Chief Executive Officer and Editor in Chief of Just the News
 
Liberty Poll   

Do you support the U.S. ban of TikTok unless it is sold by its Chinese parent company, ByteDance, for national security and privacy reasons?