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With A Flick Of His Pen, Trump Saves American Taxpayers $87 Billion

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To listen to the mainstream media one would believe that the sky is quite literally getting ready to fall and the fault for that dilemma and the imminent peril of all mankind rests directly at the feet of President Donald Trump and his policies. Yet is there any truth to that? Or is it simply the same partisan melodrama, aided and abetted by a feckless mainstream media working as the propaganda arm of the Democratic party?

Well, one only needs to take a look at the recent economy to make that assessment and it is happening again – tax receipts soared in America after the recent tax cuts approved by President Trump.  U.S. state and local government tax revenue climbed to $350.2 billion in the first quarter of 2018, a rise of 5.8 percent compared with the same time period in 2017. Individual income tax collections had big gains for a second-straight quarter with a 12.8 percent increase to $107.4 billion in 2018’s first quarter.

But I thought President Trump’s policies were going to destroy the economy! Except this summer will go down as one of the more prosperous in United States history where Americans have more money in their own pockets with the ability to enjoy trips and family vacations, thus generating more revenue and so the cycle goes.

Where is the promised doom and gloom? When exactly is the sky going to fall?

More positive results in that President Trump’s tax cuts have actually resulted in a GAIN of federal revenue – not that you would ever know that by listening to the mainstream media, especially with the recently created hysteria surrounding the US/Russia Summit in Helsinki.

From Western Journal

“Despite the cut in tax rates — brought forward by the introduction, in February, of revised tax withholding tables — federal income tax revenues for the first half of 2018 are 9 percent higher than in the first half of 2017.

The difference comes to $76 billion of unanticipated revenue…

Indeed, the Treasury Department’s monthly reports suggest that, despite the tax cut, actual revenues for 2018 will exceed those of 2017.

In explaining the turnabout, the CBO says the increase “largely reflects increases in wages and salaries.”

It is clear the impact of tax cuts is much more positive for growth and that has been proven over and over again with multiple studies making the same conclusion in more than 170 cases. The evidence of the positive impact of lower corporate taxes is found in growth, jobs, and wages and the findings have repeatedly been published with examples of more than 200 cases in 21 countries demonstrating tax cuts and expenditure reductions are much more effective in boosting growth and prosperity than increasing government spending.

Yet Democrats continue to spout their socialist ideologies denying the positive impact of tax cuts with claims that they simply make deficits rise. The fallacy of this argument has nothing to do with tax cuts, but instead with increases in government spending in addition to tax cuts. Simply put those that use this argument believe that governments will spend any and all revenues, and in some cases even increase spending.

These are the same people that are against a balanced budget and refuse to be accountable to the very people whose wages make their jobs possible. This is wrong – the marks of good leadership show that one never asks the people to do something that you yourself are not also willing to do. Yet these people expect that very thing, expect the American people to continue to sacrifice while they live lean and work harder for less.

This is the philosophy of so-called economist Paul Krugman. He argues in an article penned for the New York Times entitled – “Time to Borrow” written just after the Obama administration increased debt by $10 trillion. Krugman defends deficit spending, yet considers tax cuts as negative simply on the basis that deficits MAY increase.  Only Keynesian economists manage to pull off such mind-bending logic.

Deficits need not rise or even exist in the first place if government spending stays in line with revenue growth. It is simple math – Do not spend more than you have.

Chief Economist Daniel Lacalle states in the Epoch Times speaks of the causes of deficit spending and the negative effects of it –

“While analyzing the deficits of the G-20 economies during the past 15 years, we found that more than 80 percent come from higher spending. Even in the 2008–2010 crisis, European government deficits were explained more by the “stimulus” plans and government spending increases than any loss of revenues.

Spain, for example, lost 40 billion euros of tax revenues from the bursting of the real estate bubble but deficits rose by 300 billion euros, driven by stimulus and automatic “stabilizers.” The European Union spent almost 1.5 percent of its GDP on stimuli and increased taxes, sending deficits and debt to GDP to all-time highs.  The United States increased taxes by $1.5 trillion under the Obama administration but the average deficit was 5 percent of GDP. The final tally was a $10 trillion increase in national debt.

During the Obama administration and the massive expansionary monetary policies of three rounds of quantitative easing (QE) and ultra-low interest rates, economic growth on average was only 1.4 percent and 2.1 percent if we exclude the crash year of 2009. That compares to an average of 3.5 percent during the Reagan administration, 3.9 percent during Clinton’s, and 2.1 percent during Bush Jr.’s.”

As we are currently seeing the evidence of the positive effects of tax cuts on jobs and growth is clear and we are currently reaping the benefits. The recently released 2018 “Economic Report of the President” shows that tax cuts generated more federal revenues even after adjusting for inflation and population growth.

Still not convinced? Lacalle cites historical examples as well, further driving home the benefits and positive effects of tax cuts on the economy

“President John F. Kennedy’s major tax cut, which included chopping the top marginal rate to 70 percent from 91 percent, became law in early 1964. The economy grew at an average 5.5 percent, and unemployment fell to 3.8 percent. In turn, the annual deficit shrank to $1 billion from $7 billion as individual income-tax receipts nearly doubled.

President Ronald Reagan cut the top personal rate from 70 percent all the way down to 28 percent. Between 1982, when the first round of Reagan’s across-the-board tax cuts went into effect, and 1990, when President George H.W. Bush broke his no-new-taxes pledge, individual tax receipts jumped 57 percent to $467 billion.

And even President Bill Clinton’s budget surpluses didn’t materialize until after the president in 1997 signed a GOP tax bill that cut the capital-gains rate to 20 percent from 28 percent. Tax receipts from capital gains soared as capital investment more than tripled. Between 1996 and 2000, “the increase in capital gains revenues accounted for a little over 20 percent of the total increase in federal revenues,” former Treasury official Bruce Bartlett said. For the first time, individual tax receipts hit $1 trillion.

After President George W. Bush in 2003 signed the largest tax cut since Reagan—including dropping the top marginal rate to 35 percent from 39.6 percent—government receipts from individual income taxes rose from $794 billion to a peak of $1.2 trillion in 2007, when the mortgage crisis began—a jump of 47 percent.

Stronger economic growth expanded the tax base and brought in so much revenue that Bush more than halved the deficit over that period.”

There is simply no public sector without a thriving private sector. One cannot tax themselves into prosperity, as taxes are neither a vehicle for growth, nor for job creation. Deficits are not an excuse, as a deficit should be addressed by a reduction in spending.

The current gain in revenue has done exactly that, cutting the predicted deficit in half. This means that even after the GOP cut taxes for Americans, the government is STILL taking in more money. This is quite simply because as businesses do well, they expand and hire more people. They also increase wages, which results in people spending more money due to more residual income. More money is being pumped into the economy, resulting in additional tax revenue.

Tax cuts are a necessary tool to keep an ever-expanding bureaucratic system from destroying the economy. As taxes are raised, more unemployment goes up as does government dependency. Then a large swath of the population is under the thumb of the government – it is called communism and it kills.

Former Secretary of State Henry Kissinger said it best – “Control oil and you control nations; control food and you control the people.”

White House Guests KNEEL During National Anthem, Trump Makes Them Immediately Regret It

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The Marine Corp band in their bright red uniforms were on the south balcony of the White House on a bright, sunny Tuesday in Washington, DC. The Army Chorus sang, beginning the event with ‘America the Beautiful’ and concluded with ‘God Bless America’. At least two people who were guests at President Trump’s Celebration of America event yesterday knelt, showing exactly why so many Americans are ticked over the National Anthem controversy.

The event replaced a celebration at the White House in honor of the Super Bowl win for the Philadelphia Eagles. These two disrespectful idiots took a knee as the “Star Spangled Banner” rang out across the South Lawn of the White House. Simply disgraceful. These aren’t social justice warriors… these are unpatriotic jerks.

A video was posted to Twitter by a reporter for SVT, the Swedish national public TV broadcaster. It shows a man, wearing a light blue button down, kneeling as the National Anthem played, before clapping and ultimately coming to his feet after the song finished. I guess he thought that was his five minutes of fame or something.

What it really amounted to was making a fool out of himself internationally. President Trump showcases all of these liberal dimwits for what they are… America-hating, radical leftists who are far more interested in hating our brave police officers and our country than they are in respecting America and taking national pride in their country and President.

When President Trump took the podium, he blew his audience away with his love for our country, military, police, flag and the National Anthem. He made every single person who disrespects them like this look like the small, craven liberals that they really are. The man, who did not identify himself, left the event immediately after the United States Marine Band performed the anthem, according to a news anchor for TV2 Denmark. Gee, crawling away with his tail between his legs like the lowly cur he his. Guess he couldn’t stand patriotism after he showed how much he hates his own country.

There was a second man who was pictured kneeling as well. That was posted to Twitter by a CNN White House producer. He was wearing a light blue checkered shirt and had a little American flag. This guy was right up front. He was also apparently the same person who reportedly heckled Trump. That guy was roundly booed by everyone around him. CNN’s analyst April Ryan posted false news on Twitter yesterday claiming people were booing Trump when it was the heckler they went after. She eventually retracted what she said after her own colleagues called her out on the lie. “Stop hiding behind the armed services and the National Anthem,” the guy yelled to a chorus of boos, according to the Daily Mail. “Let’s hear it for the Eagles.” “Go home,” one person shouted at the heckler.

Do YOU think we have the best President and First Lady ever? Follow Amanda Shea on Twitter to get RIGHT daily insight!

The President didn’t engage the heckler, but looked in his direction and pursed his lips. He looked like he wanted to smack him. Right there with ya.

President Trump disinvited the Philadelphia Eagles to the White House after they at first said they had more than 70 players coming to the People’s House to celebrate. By this week, that number had dropped to less than ten and then to only one player. They kept trying to change the date to one where President Trump would be out of the country. I don’t blame the President in the least for canceling the visit. That was totally appropriate. If you insist on being ungrateful and insulting a sitting President of the United States, then you don’t deserve the honor of going to the White House period.

Trump claimed on Monday that the team disagreed “with their President because he insists that they proudly stand for the National Anthem, hand on heart, in honor of the great men and women of our military and the people of our country.” Eagles players denied that accusation, pointing out that no one on the team knelt for the anthem during last season. But that has nothing to do with how each individual on the team states his beliefs and shows his disrespect for President Trump.

White House Press Secretary Sarah Huckabee Sanders accused the team of a “political stunt” just minutes before Tuesday’s alternative event began, claiming the players had chosen to “abandon their fans.” That’s exactly what they did. “If this wasn’t a political stunt by the Eagles franchise then they wouldn’t have committed to attend the event and then backed out,” she said in her Tuesday press briefing. “And if it wasn’t a political stunt, they wouldn’t have attempted to reschedule the visit while the President was overseas.”

Trump was brief in his remarks and only spoke for about four minutes. He began by explaining why it’s an issue of patriotism for Americans to stand for the National Anthem. “We love our flag and stand for our National Anthem,” Trump said to great applause from the crowd on the South Lawn of the White House. “We stand to honor our military and to honor country and to honor the fallen heroes who never made it back home.” Yes, we do… and those that don’t can take a hike.

CLICK HERE To Sign Petition to BAN ‘The View’ For Being Hateful

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Melania Unveils This Year’s White House Christmas Decorations That Libs Are SURE To Hate

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Melania Trump’s first year in office was marked by immense criticism of our incredible first lady, who in the eyes of the Trump family’s numerous detractors, Melania could do nothing right, or at least as well as her predecessor, Michelle Obama. This included her full Christmas decor plan, which was stunning in silver and white, and a beautiful modern take on the same tired style that Michelle un-creatively came up with.

This year’s decorations will likely be no different, if not worse.

Last year, liberals claimed she decked the halls in depression and gloom, likening it to looking more like a haunted house than a holiday home. So, what will they say about this year’s new look?

Chicks On The Right reports:

FLOTUS doesn’t just slay on the fashion front. Her decorating skills are off the charts. (Yes, yes– I know she didn’t do this by herself, but if you really believe she didn’t have a say, you’re nuuuuuuuuuuuuts.)

ANYWHO. She finally unveiled this year’s White House Christmas decorations, and they’re GORGEOUS.

You have no idea how much I want to stroll through those halls of beautifully decorated trees. Oh well. I’ll have to settle for the aisles of Hobby Lobby.

It all looks great. I’m obsessed. TY, that is all.

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