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: Taxes

Charles Rangel, 23-term N.Y. Democrat, Finally Packs It In

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

English: U.S. Congressman Charles B. Rangel's ...

In one of his last interviews with reporters, Rep. Charles Rangel (D-N.Y.) said it was finally time, after 46 years, to leave Washington: “I did not ever think about leaving. I have mixed feelings. But the way the political races have turned out, I can’t wait to get out of here,” he declared.

Those tracking his dismal political performance over 23 terms in Washington, along with his breathtaking moral and ethical lapses and failures, no doubt feel the same way. A reporter with the Washington Times summed up his career nicely:

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LOL Illinois: Corporate Group Works to Keep State From Becoming a Laughingstock

This article appeared online at TheNewAmerican.com on Wednesday, December 28, 2016:  

English: 1987 Illinois license plate

The name of the group LOL Illinois can taken two ways: Land of Lincoln, or Laughing Out Loud. As Scott Santi, chairman of Illinois Tool Works, which employs 48,000 workers around the world, noted:

There’s a crisis of confidence in terms of a plan to address some pretty significant structural problems in the state. It’s challenging for Illinois to be competitive given the uncertainty around the fiscal crisis.

“Crisis of confidence”? “Challenging”? “Uncertainty”? Illinois was headed into oblivion until Bruce Rauner, the first Republican governor in 12 years, faced reality.

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Will Mick Mulvaney Pull Trump’s Financial Fat Out of the Fire?

This article was published by The McAlvany Intelligence Advisor on Monday, December 19, 2016:  

English: Official portrait of US Rep. Mick Mul...

Michael “Mick” Mulvaney (shown) rode the Tea Party wave in 2010 into Congress, replacing a 14-term Democrat from South Carolina’s 5th District. He has been handily reelected ever since. He took his oath of office seriously, saying in 2010 that “If political reporters want to know what drives the Tea Partiers, it is their belief in the Constitution. That’s what has always driven me in politics and will guide me in Congress.”

He remained as true to his word as any of those riding the same wave,

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Simmering Greek Financial Crisis Explodes Once Again

This article appeared online at TheNewAmerican.com on Thursday, December 15, 2016:  

Under the terms of its last bailout, Athens (above) was required not only to continue to impose harsh austerity terms (higher taxes, less government spending, better accountability, and increased tax collection enforcement onto Greek citizens) but to inform the unelected “higher” European authorities of any change in those terms by Athens.

Last week Athens unilaterally

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Texas Congressman Proposes “Permanent” Fix for Social Security

This article appeared online at TheNewAmerican.com on Saturday, December 10, 2016:  

Congressman Sam Johnson (R-Texas), chairman of the House Ways and Means Social Security subcommittee, presented his plan, the “Social Security Reform Act,” on Thursday, which he called “a plan to permanently save Social Security.”

His proposal involves the same solutions often proposed by others trying to keep Social Security from going broke: cutting benefits, raising the retirement age, adding “means” testing, and cutting or eliminating altogether the COLA — Cost of Living Adjustment.

According to Michael Linden, an associate director at the liberal Center for American Progress, the cuts to benefits would be severe — between 11 percent and 35 percent — and they would include those already receiving Social Security benefits. Social Security actuaries who analyzed Johnson’s plan (at his request) came up with different numbers: Cuts would range from 17 percent to 43 percent but over a longer time period and with the same conclusion: everyone in Social Security (with the exception of the lowest-income participants) would take a hit under Johnson’s plan.

Nowhere in Johnson’s plan is any mention of privatizing the program, which is surprising, as it was a topic of discussion during the Republican presidential debates. Rand Paul, Mike Huckabee, Rick Perry, and Ted Cruz all expressed their support for privatizing Social Security as the best way to solve its myriad problems.

Here are some of those problems:

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“Upside Sensitivity” the New Buzzword as Companies Plan for Trump Economy

This article was published by The McAlvany Intelligence Advisor on Friday, December 9, 2016: 

English: Photo of the AT&T Midtown Center in M...

AT&T Midtown Center in Midtown Atlanta, Georgia.

AT&T’s Chief Executive, Randall Stephenson, spoke to a UBS investment conference on Tuesday, introducing a new phrase that more and more American companies will shortly be adopting: “upside sensitivity” studies. He spoke of how less government oversight and lower taxes would impact his business, expressing optimism that “a more moderate approach to some of those regulations is in the making under a Trump administration.” He then added:

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Trump Picks Former Goldman Sachs Banker for Treasury Secretary

This article appeared online at TheNewAmerican.com on Wednesday, November 30, 2016:  

English: Logo of The Goldman Sachs Group, Inc....

One of the first criticisms over Donald Trump’s nomination of former Goldman Sachs banker Steven Mnuchin on Wednesday for Treasury secretary came from the Democratic National Committee: “So much for draining the swamp … nominating Steven Mnuchin to be Treasury Secretary is a slap in the face to voters who hoped [Trump] would shake up Washington.”

Just the name “Goldman Sachs” sends shivers down the backs of Americanists.

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Trump “Saves” 1,000 Carrier Jobs

This article appeared online at TheNewAmerican.com on Wednesday, November 30, 2016:  

Boston

Carrier Corporation, a division of United Technologies, announced on Tuesday that it will, after months of negotiations, keep some of the jobs in Indiana that it earlier planned to ship to Mexico. Indiana Governor and now Vice President-elect Mike Pence, as governor of the state, was the initial driving force behind the negotiations. Both he and President-elect Donald Trump will start their “thank you” tour on Thursday, beginning with Indiana, where the details of the agreement will be spelled out.

That’s why Trump was able to tell his crowd of supporters in Indianapolis in April that the deal was all but done:

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Dallas to Declare Bankruptcy?

This article appeared online at TheNewAmerican.com on Monday, November 21, 2016:  

The New York Times just reported that the Dallas police and firefighters pension plan is $7 billion short of meeting its obligations and needs an immediate bailout of $1 billion just to stay afloat. The problem is that Dallas’ annual budget is $3 billion.

Three years ago Dallas wasn’t on anyone’s “watch” list.

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Democrat Senators Pushing Muslim Keith Ellison to Chair DNC

This article appeared online at TheNewAmerican.com on Monday, November 14, 2016:  

English: Keith Ellison on 9-21-06, taken by user.

Keith Ellison

During an MSNBC conference call on Thursday night, Senators Charles Schumer, Bernie Sanders, and Elizabeth Warren weighed in on their pick to replace Democratic National Committee (DNC) chair Donna Brazile: Representative Keith Ellison from Minnesota. Warren told MSNBC that Ellison would make a “terrific DNC chair.”

Ellison mouthed homilies about how the Democrat Party must

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Who Will Be the Next DNC Chair?

This article was published by The McAlvany Intelligence Advisor on Monday, November 14, 2016:  

, member of the United States House of Represe...

With Debbie Wasserman Schultz out as DNC chair in July, and Donna Brazile’s temp job as interim chair ending shortly, top Democrats are searching for just the right person to bring the Democrat Party back from extinction following its near obliteration last Tuesday. He must be able to think on his feet, survive scandals, bury opponents, deflect accusations, accept high-risk endorsements, and vote against the Constitution. If he’s black, that’s a plus. If he’s a radical Muslim, even better.

Enter Keith Ellison (pictured above),

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Latest Jobs Report Masks Continuing Weakness


This article appeared online at TheNewAmerican.com on Friday, November 4, 2016:  

English: Bureau of Labor Statistics logo RGB c...

English: Bureau of Labor Statistics logo RGB colors. (Photo credit: Wikipedia)

The latest jobs report released by the Bureau of Labor Statistics (BLS) on Friday morning was trumpeted as reflective of an improving economy. The Wall Street Journal said the report “signal[ed] solid momentum in the labor market just days before American voters elect a new president,” while Jeffry Bartash, writing for MarketWatch, said it “shows the seven-year-old economic recovery still has plenty of life despite a slowdown in growth earlier in the year.”

A hard look behind the headline numbers — 161,000 new jobs created in October and the unemployment rate at 4.9 percent — reveals

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Hypocrisy Reigns as New York Times Pays No Income Taxes Yet Attacks Trump’s Taxes

This article appeared online at TheNewAmerican.com on Monday, October 3, 2016:  

The New York Times claimed on Sunday that the front page of Trump’s state income tax returns filed in New York, New Jersey, and Connecticut in 1995 prove that the man came close to being a tax cheat:

Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years.

The mainstream media trumpeted the storyline incessantly without mentioning simple truths buried in the Times’ report: The hit piece was based on just three pages of the voluminous tax returns Trump filed in that year;

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Would Trump’s Corporate Tax Cut Help the Economy?

This article appeared online at TheNewAmerican.com on Wednesday, September 28, 2016:  

 Removing the noise and the histrionics from Monday night’s presidential debate, there is a clear division between the two major-party candidates on the state of the economy and what to do about it.

The Democrat candidate said that the economy is on the mend, that jobs are being created, that real incomes have just recently increased, and that the outlook for the economy is sanguine.

The Republican candidate held the opposite view: after seven years the economy is still struggling, the recovery is the weakest in recent memory, and the outlook is bleak.

The Wall Street Journal noted that Trump’s case is the stronger,

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Trump: Repeal Johnson Amendment That Muzzles Pastors

This article appeared online at TheNewAmerican.com on Friday, September 9, 2016: 

English: Anti-United States Internal Revenue S...

On Friday, at the Family Research Council’s convention in Washington, D.C., Donald Trump is expected to reiterate his call to repeal the Johnson Amendment, in line with a similar call in the GOP platform.

During his acceptance speech, Trump thanked the evangelical community for their support, adding:

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Vulture Funds Expecting to Profit Handsomely from Puerto Rico’s Problems

This article was published by The McAlvany Intelligence Advisor on Monday, August 29, 2016:  

English: Map of Peuto Rico, with inset showing...

Map of Peuto Rico, with inset showing it’s position in relation to American continents.

George W. Plunkitt was not the world’s first dishonest politician, but he might have been one of the first ones to be honest about his dishonesty. Plunkitt was a Tammany Hall pol who served in the New York State Assembly and then in the New York State Senate around the turn of the 20th century. He called what he did – and what made him wealthy – “honest graft.” He defined “dishonest graft” as efforts to work solely for his own interests. “Honest graft,” on the other hand, was graft that worked for the interests of his own party.

He made his money by

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What Would the Apostle Paul say About the Minimum Wage?

This article was published by The McAlvany Intelligence Advisor on Friday, August 5, 2016: 

One can surmise from his instructions to believers in the church in Thessalonica: “When we were with you, we gave you this rule: Whoever will not work should not be allowed to eat.” What’s less clear is: what if government mandates keep one from working, or keep employers from hiring those willing to work?

St. Paul assumed that people had the freedom to contract out their labor, to sell the one primary thing they possessed: their time and effort in exchange for money. He also assumed that employers, given the opportunity, were free to hire someone who could add value to their businesses.

Minimum wage laws abrogate that essential freedom, with all manner of negative results. One,

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More Proof: Raising the Minimum Wage Increases Unemployment

This article appeared online at TheNewAmerican.com on Thursday, August 4, 2016: 

If more proof were needed that raising the minimum wage would increase unemployment among lesser-skilled workers, the Heritage Foundation’s latest study provides it.

For one thing, the push for a national minimum wage of $15 an hour would actually cost employers $18.61 an hour, thanks to payroll taxes, unemployment insurance and ObamaCare taxes. The proposed increase, if passed into law, would, according to Heritage, impact one-third of all American workers, and hurt the most those working in lower-cost states.

The math is simple, and deadly.

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Why Voting for Donald Trump Is a Morally Good Choice

By Wayne Gruden

Some of my Christian friends tell me they can’t in good conscience vote for Donald Trump because, when faced with a choice between “the lesser of two evils,” the morally right thing is to choose neither one. They recommend voting for a third-party or write-in candidate.

As a professor who has taught Christian ethics for 39 years, I think their analysis is incorrect.

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Chicagoans Hit With Massive Tax Increases Over July 4 Weekend

This article appeared online at TheNewAmerican.com on Monday, July 11, 2016:  

It Takes Taxes and Bonds - NARA - 534022

The second installment of property taxes due from Chicagoans hit their mailboxes over Independence Day weekend, thus proving the adage that “if one didn’t like taxes without representation, he certainly won’t like taxes with representation.”

William Phillips of Rogers Park (one of 77 communities on the far north side of Chicago) was almost first in line at the assessor’s office on Tuesday, hoping to complain to someone about his bill. “Our taxes increased fivefold,” he stated. “I was expecting [them] to go up maybe twice as much but not four to five times as much.”

Right behind him was Cornes King of Chatham, who told ABC7 News:

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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.