1. DeSantis: Trump Tax Plan Provides 'Immediate Relief' for Families - via Newsmax
The rate reductions that are part of President Donald Trump's tax code plan, combined with the call to simplify the tax process, will provide "immediate relief" for American families, Rep. Ron DeSantis said Wednesday.
"The simplicity of the tax code going from 75,000 pages down to a simple system will also give families more time and resources to spend on other things other than tax prep," the Florida Republican told Fox News' "America's Newsroom" program. "By incentivizing companies to locate and stay here, bring profits from overseas back here, I think there will be more employment opportunities for the American people." Read more here...
2. Trump Was Right to End Unconstitutional ObamaCare Subsidies - via National Review
It’s a sad sign of our times that the constitutionality of any given government action is now seen as a wholly secondary consideration, subordinate to politics and arguments about politics. And so it is with Donald Trump’s necessary decision to halt federal payments of cost-sharing subsidies to insurance companies.
For example, here’s how the Washington Post led off its coverage of Trump’s decision: “President Trump is throwing a bomb into the insurance marketplaces created under the Affordable Care Act, choosing to end critical payments to health insurers that help millions of lower-income Americans afford coverage.” Read more here...
3. Stephen Moore Says GOP Should Deliver on Taxes, or Else - via The Daily Caller
Economist Stephen Moore says Republicans should have delivered tax cuts months ago, and will suffer if they can’t deliver by year’s end.
The Republican tax reform plan is “not much different from the plan Larry Kudlow and I helped put together for then-candidate Trump,” the Heritage Foundation economist told The Daily Caller’s Vince Coglianese in an exclusive interview. “My only frustration, Vince, is we put that plan together almost a year-and-a-half ago, and now Republicans just a week or so came out with their new version of this tax plan and it’s not much different from that.”
The Republican plan, Moore explains, accomplishes three things in particular: cutting business taxes, allowing companies to bring money back to the United States, and cutting taxes for “working class Americans.” Read more here...
Lawmakers in Wisconsin are working on a pair of proposals to rein in the state's out-of-control occupational licensing laws. The exercise is long overdue, but it has provoked plenty of pearl-clasping from some members of the state legislature. In an op-ed for the Madison Capitol Times, state Sen. Kathleen Vinehout (D-Alma) has even suggested that licensing reform could cause your loved one to die.
Before you freak out about unlicensed nurses roaming Wisconsin's hospitals looking for vulnerable patients, note that the bill does not, in fact, repeal all licensing requirements. It merely establishes a legislative council that would review the state's occupational licensing rules to determine which ones are necessary. Vinehout is engaged in some serious misdirection here. Read more here...
5. Pension Liabilities Bite in the Present, Too - via Competitive Enterprise Institute
Politicians often like to kick the can down the road when it comes to debt. Few things illustrate that better than the large pension deficits many state and local governments around the country are now facing. That’s not surprising, given the temptation to pass the bill on to future office holders.
Yet, the pain isn’t all in the future. As a new study from Stanford University’s Institute for Economic Policy Research shows, increasing pension payments are straining California cities’ finances in the here and now. Read more here...
Adam Brandon
President, FreedomWorks
President, FreedomWorks
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