Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: incentive

Democrats Love to Tax the Rich – Except When it’s THEIR Rich

This article was published by The McAlvany Intelligence Advisor on Tuesday, June 6, 2017: 

The Trump tax reform proposal has put the Democrats into a deliciously difficult position. He wants to eliminate state and local deductions for income and property taxes (but leave charitable and mortgage deductions alone) as part of his attempt to keep his proposal revenue-neutral.

The amounts involved are enormous. The Urban-Brookings Tax Policy Center estimates that, if passed, it would cost the rich $1.3 trillion over the next 10 years. The Tax Foundation ran the same numbers and came up with an even bigger number: $1.8 trillion.

The law currently allows state and local income and property taxes to be deducted in calculating an individual’s federal tax liability. But, as both tax groups noted, those benefitting the most from the deductions happen to live in liberal, Democrat-leaning and supporting states. This forces Democrats to face a conundrum:

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Friday’s Jobs Report Confirms Wednesday’s Blowout Numbers

This article appeared online at TheNewAmerican.com on Friday, March 10, 2017:

The Department of Labor’s Bureau of Labor Statistics (BLS) confirmed the robust employment numbers reported by ADP/Moody’s on Wednesday: 235,000 new jobs were created in President Donald Trump’s first full month in office, with the unemployment rate dropping further, to 4.7 percent. Just as reported by ADP, the BLS report showed strong growth in construction, manufacturing, and mining, representing nearly a third of the jobs created in January.

Friday’s report also exceeded Wall Street economists’ expectations,

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Trump’s 2018 Budget Won’t Touch Social Security, Medicare

This article appeared online at TheNewAmerican.com on Monday, February 27, 2017:

English: The standard Laffer Curve

The standard Laffer Curve

Treasury Secretary Steven Mnuchin said on Fox News on Sunday that cuts in entitlement programs — i.e., Social Security and Medicare — won’t appear in the president’s budget: “We are not touching those now. So don’t expect to see that as part of this budget, OK? We are very focused on other aspects and that’s what’s very important to us.”

Trump’s budget for fiscal year 2018 (starting October 1, 2017) is expected to be presented to the House on Monday, March 13, just two weeks away. And there are a lot of moving parts that must be glued into place before then.

Those parts include

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ObamaCare Replacement Plan Introduced in Congress

This article appeared online at TheNewAmerican.com on Thursday, February 16, 2017: 

Official portrait of United States Senator (R-KY).

Senator Rand Paul

Senator Rand Paul (R-Ky.) and Representative Mark Sanford (R-S.C.) introduced their ObamaCare Replacement Act (ORA) on Wednesday. It would simultaneously repeal nearly all of ObamaCare’s most onerous demands and mandates while opening up the health-insurance market to individuals to purchase, or not to purchase, coverage. The bill, S.222, might more appropriately be named the “Health Insurance Freedom to Purchase Act,” putting the decision to buy, or not to buy, coverage back in the hands of individual citizens and taking it out of the hands of the federal government.

Senator Paul said,

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Bill to Repeal Obamacare Represents Major Paradigm Shift

This article was published by The McAlvany Intelligence Advisor on Friday, February 17, 2017:

English: A Portrait of Thomas Jefferson as Sec...

Thomas Jefferson

Thomas Jefferson said many things on which classical liberals and libertarians agree. The one most apropos to Obamacare is this: “The natural progress of things is for liberty to yield and government to gain ground.”

Anything that requires government force (or threat of) to gain compliance is, on its face, immoral. But Obamacare did something else: it was a deliberate forced attempt to shift personal responsibility for one’s health care from a citizen to his government. Jefferson had this to say about that:

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Heritage Foundation Blames Obama Admin. for America’s Economic Decline

This article appeared online at TheNewAmerican.com on Wednesday, February 15, 2017:

The Heritage Foundation minced no words in commenting on its latest Index of Economic Freedom: America’s continuing decline is all Obama’s fault:

America’s standing in the index [now in 17th place, the lowest in history] has dwindled steadily during the Obama years. This is largely owed to increased government spending, [increased] regulations, and a failed stimulus program that enriched the well-connected while leaving average Americans behind.

For the ninth time in 10 years, America’s index has lost ground. Coming in above 80 in 2008, the United States’ current index is barely above 75, tying it with

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Apple Supplier Foxconn Negotiating $7 Billion Plant in Pennsylvania

This article appeared online at TheNewAmerican.com on Monday, January 23, 2017:

Speaking at a meeting at company headquarters in Taiwan on Sunday, Foxconn CEO Terry Gou (shown, on left) expanded on his company’s plans to build a $7 billion flat-panel display facility in Pennsylvania. He said the factory could employ between 30,000 and 50,000 people, depending on what kind of deal he could strike with state officials.

Those plans were inadvertently disclosed following a meeting in December between Donald Trump and Softbank CEO Masayoshi Son. A photo revealed a clipboard Son was carrying that clearly said:

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Ford Cancels Plans for Mexico Plant, Shifts 700 jobs to United States

This article appeared online at TheNewAmerican.com on Wednesday, January 4, 2017:  

English: Ford Motor Company Headquarters, Dear...

Ford Motor Company Headquarters, Dearborn, Mi.

When Bill Ford, Ford Motor Company’s executive chairman, called President-elect Donald Trump on Tuesday to inform him of his company’s decision to cancel its plans to build a new plant in Mexico and instead shift some of those new jobs to Michigan, liberal eyebrows were raised. Was this a “capitulation” to Trump? Was it a “sell-out?” Was it a “peace offering?”

CNN’s Poppy Harlow interviewed Ford’s president and chief operating officer Mark Fields following the company’s announcement, attacking him mercilessly with loaded questions. She peppered him with insinuations that

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Trump Says Sprint, OneWeb to Create 8,000 New Jobs in U.S.

This article appeared online at TheNewAmerican.com on Friday, December 30, 2016:  

Donald Trump & Melania enter the Oscar De LA R...

President-elect Donald Trump announced on Wednesday that 5,000 new jobs are being planned by Sprint in the United States, and another 3,000 jobs are being created here by a satellite venture company in Florida called OneWeb. Said Trump:

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Tax Foundation Rates Tax Plans of Trump and Clinton: Trump’s Plan Wins

This article appeared online at TheNewAmerican.com on Thursday, October 20, 2016:

Tax Foundation

Tax Foundation (Photo credit: Wikipedia)

Analysis by the Tax Foundation of all that is currently known about the tax plans proposed by presidential candidates Donald Trump and Hillary Clinton concludes that, if enacted, Clinton’s plan would expand government at the expense of a shrinking economy. On the other hand, Trump’s plan would grow the economy, shrink government’s revenues, raise wages, and expand employment.

But it’s not tax “reform,” claims the study’s author, Kyle Pomerleau,

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Big Taxi Wins Big in Massachusetts

This article appeared online at TheNewAmerican.com on Tuesday, August 23, 2016:  

Sign Taxi Zagreb, Croatia

Massachusetts is now the 35th state to regulate ride-sharing services such as Uber and Lyft, but with a vengeance not seen elsewhere: A portion of a new 20-cent tax per ride will be used to fund improvements for the old taxi cartel.

First, the new tax is not called a “tax” but a “fee.” Second, the tax won’t be charged either to the driver or to his customer, but to the ride-sharing company itself. Third,

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Fully Self-driving Cars by 2021, Says Ford CEO

This article appeared online at TheNewAmerican.com on Thursday, August 18, 2016:  

On Tuesday, during a hectic day of media interviews about the coming revolution being caused by autonomous vehicles (AVs), Ford’s CEO Mark Fields told Wall Street analysts that such vehicles “could have just as significant an impact on society as [Henry] Ford’s moving assembly line did 100 years ago.” He told workers at a Ford plant in Palo Alto, “This is a transformational moment in our industry … it is a transformational moment in our company. We are making people’s lives better by changing the way the world moves.”

He said that his company’s foray begins with e-hailing services such as Uber and Lyft and will expand to the consumer market by 2021 if not sooner.

He’s not alone.

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Elon Musk’s Conversion from Saint to Sinner

This article was published by The McAlvany Intelligence Advisor on Friday, June 10, 2016:  

English: Tesla Roadster Sport 2.5, the fourth-...

Tesla Roadster Sport 2.5, the fourth-generation Roadster from electric carmaker Tesla Motors Inc.

Once upon a time Elon Musk said he believed in hard work, technology, and some breaks to gain success. He didn’t believe the U.S. government should provide subsidies to companies, and he believed that the free market would provide the “best solution” to such problems as pollution. At the time, Stanford University Professor Fred Turner called him out for being a hypocrite:

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Edict From Venezuela’s President Maduro: Grow Your Own Food

This article appeared online at TheNewAmerican.com on Friday, May 27, 2016:  

                            No Hay Comida is translated: There is no food

Word got out that there would be chicken for sale at the Central Madeirense supermarket in Guarenas, Venezuela, on Friday, so Kattya Alonzo got there at 4 a.m. The line of others already snaked around the block, waiting for the delivery trucks to arrive.

But when the trucks arrived at 6:30, the national guardsmen monitoring the crowd sensed the possibility of a riot and ordered the trucks to move on. The people waiting in line turned ugly and

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Treasury Rules Axe $160 Billion Merger; Obama Calls it Good

This article appeared online at TheNewAmerican.com on Thursday, April 7, 2016:  

Map of USA highlighting states with no income ...

Map of USA highlighting states with no income tax on wages (Photo credit: Wikipedia)

New Jersey’s wealthiest resident, David Tepper, decided to move himself and his business, Appaloosa Management, to Florida in order to take advantage of Florida’s much more favorable tax climate.

It’s going to make a big difference.

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Want to Revive a State’s Economy? Put in Place the Florida Model

This article was published by The McAlvany Intelligence Advisor on Friday, January 29, 2016:  

Rick Scott has always been an entrepreneur. While enrolled at the University of Missouri-Kansas City and working full-time at a local grocery store, Scott and his wife Ann bought two Kansas City donut shops. After getting his law degree, he went to work at a law firm specializing in the health care industry. In 1987, at age 34, he took all that they had in the bank and started Columbia Hospital Corporation. Two years later his company was merged with the Hospital Corporation of America to become Columbia/HCA.

In the next ten years it had grown to become

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California’s “Equal Pay” Law Will Discourage Businesses, Encourage Lawyers

This article appeared online at TheNewAmerican.com on Thursday, October 8, 2015:  

English: Photo of California Attorney General ...

When California Governor Jerry Brown signed into law the state’s new “equal pay” mandate on October 6, he said it was designed to shrink further the pay gap between men and women: “The inequities that have plagued our state and have burdened women forever are slowly being resolved with this kind of bill.… [It’s] a very important milestone.

It’s important to law-school graduates looking for a favorable place to start their litigation practices, and important to moving companies helping business owners and their employees move out of state.

The law changes the definition of “equal” to

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Is this Another Reason MSNBC’s Ratings are so Abysmal?

This article was published by The McAlvany Intelligence Advisor on Monday, October 5, 2015:  

MSNBC

Even the liberal Huffington Post was embarrassed at just how bad MSNBC’s ratings are. The network cancelled three shows in July, and brought back the discredited Brian Williams. Wrote Larry Atkins:

The changes had come as a result of MSNBC’s plummeting ratings. MSNBC’s Nielsen ratings for the second quarter of the year dropped five percent in total viewers and 17 percent in the key adult demographic 25-54. Its primetime lineup’s ratings dropped by 10 percent. It was a continuation of a long time trend.

Last Thursday’s farcical interview by Chris Hayes of Josh Fox proved the point. Touting his latest attack on fracking, Fox was allowed to promote his latest “documentary” Gaswork: The Fight for C.J.’s Law, allegedly all about safety and health issues being ignored by the energy development industry. Hayes never asked about credibility issues raised by detractors of his previous efforts, Gasland and The Sky is Pink. In Gasland it was the “flaming faucet” incident about which Fox was publicly challenged by Irish filmmaker Phelim McAleer. That exchange can be seen on YouTube, despite efforts of Fox and his lawyers to have it removed. In it McAleer got Fox to admit that methane in water was common, with flaming water incidents dating back to 1936, but claiming weakly that this was “not relevant” to his purposes inGasland.

In The Sky is Pink Fox claimed that breast cancer was linked directly to fracking activities in the Barnett Shale region in Texas, claims which were later successfully refuted by credible national experts looking into the matter.

Did Hayes ask Fox about any of this? Did he ask Fox about the “flaming faucet” incident that brought the wrath of McAleer in his rebuttal, FrackNation? Did he ask Fox if he was ready to admit that his claim in The Sky is Pink was false? Did he ask Fox if he was ready to apologize to the women and their families living over the Barnett formation for scaring them half to death over his discredited claims?

Of course not. In the 4 ½ minute segment that ran Thursday night Hayes jumped in bed with Fox, providing him with nothing more than an echo chamber reflecting the network’s anti-fracking position.

McAleer learned about Fox’s latest attack in time to launch his own rebuttal, GasHoax, also on Thursday, at Brietbart.com. It’s as if McAleer has found his niche: tracking down Fox and demanding answers to questions that Hayes wasn’t willing to ask.

For instance, in speaking about The Sky is Pink, McAleer said:

Fox’s breast cancer film was widely reported by the mainstream media but has since been dismissed as nonsense by every respected cancer expert in the region.

 

Fox has never corrected the record or apologized for scaring women and families.

Fox’s most recent attempt to smear the fracking industry is based upon the tragic accident that resulted in the death of C.J. Bevins, a 21-year-old oil field roughneck who was crushed against a trailer by a forklift back in 2011. Ignoring the fact that it was an accident, and had nothing to do with chemicals, Fox managed to twist the narrative to support his agenda: the fracking industry’s use of chemicals is putting workers’ lives at risk. In his film, said Fox:

We interview many workers who have been asked to clean drill sites, transport radioactive and carcinogenic chemicals, steam-clean the inside of condensate tanks which contain harmful volatile organic compounds, polycyclic aromatic hydrocarbons, and other chemicals, and have been told to do so with no safety equipment.

Fox claims to have interviewed workers who were ordered to cover up toxic chemical spills, that the industry is paying them to “poison their own communities in order to feed their families” and that “if you get hurt, you’re on your own.”

In the same manner as FrackNation, McAleer rebuts Fox’s claims in Gaswork, interviewing experts who state that there is no increase in health or safety claims due to fracking. Although neither film is available yet in theaters, their trailers can be found under Sources below.

McAleer concluded:

Josh Fox is an unethical journalist. Everyone knows that, except Chris Hayes and MSNBC, apparently. They need to ask him tough questions, not give him a platform so he can scaremonger and spread fear.

But that didn’t happen. Instead MSNBC continued its slide into irrelevancy by giving Josh Fox airtime to its steadily shrinking audience.


Sources:

Breitbart.com: ANOTHER HEALTH HOAX FROM GASLAND’S JOSH FOX

MarcellusDrilling.com: Phelim McAleer to Release GasHoax Ahead of Josh Fox’s GASWORK

Gashoax trailer 4:30

EcoWatch.com: What the Industry Doesn’t Want You to Know About Fracking

Trailer for Gaswork  2.39

Background on Gasland

Background on FrackNation

Bio on Josh Fox

Bio on Phelim McAleer

Link to Vimeo: The Sky is Pink (2012)

EmergyinDepth.org: Debunking GasLand

YouTube: Gasland director hides full facts

Chris Hayes’ interview with Josh Fox on MSNBC

Huffington Post: MSNBC’s Changes Are Needed, But It Needs to Keep Its Liberal Voice

Just how Disruptive are Uber and Lyft?

This article was published by The McAlvany Intelligence Advisor on Friday, October 2, 2015: 

According to three college professors, the answer is “very.” After interviewing 32 drivers and users of Uber, Lyft, and conventional cab services in London and San Francisco, the Uber and Lyft drivers and customers were the clear winners. The drivers had more freedom to select their working hours, many of them driving part-time to supplement their full-time work. The ride-sharing customers not only paid less than they would have for regular taxis, they felt safer, they knew more about the driver and his ratings from previous customers, and could track and follow the driver as he wended his way towards their location.

They also enjoyed getting to know their Uber or Lyft driver, discovering that they were just like them – ordinary people making a living and enjoying the process. Wrote the professors:

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Uber, Lyft Continue to Upend Taxi Cartel and Its Lenders

This article appeared online at TheNewAmerican.com on Thursday, October 1, 2015: 

English: Sign at the Montauk Point Lighthouse,...

On September 18, Montauk Credit Union in Montauk, New York, was taken over by the state after examiners found “unsafe and unsound conditions” in its investment portfolio.

The credit union had more than 98 percent of its investments in taxi medallions, which have dropped precipitously in value since ride-sharing services such as Uber and Lyft entered the market three years ago.

Taxi medallions were established decades ago by New York City’s Taxi and Limousine Commission as a way to limit the number of cabs. At present there are slightly more than 13,000 taxis in the city, and most of their medallions are owned by investors who saw their opportunity: If supply were limited by government mandate, and demand increased with population, then the price of each one would inevitably rise.

And they did. Investors hired managers (much like property managers in real estate) to collect the lease payments from taxicab companies, which derived their income from fees they charged drivers to drive their cabs.

But in the past couple of years the market has shifted.

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.