From @WSJopinion: The U.S. economy has suffered a poor growth record in the 21st century. Placing a renewed focus on saving, investment, innovation and business creation can reverse this decline, write @RepKevinBrady and @djheakin. on.wsj.com/4f8sLor
From @Comm4Prosperity: Wealthy pay more of income tax burden after 2017 tax reform #TCJA.
Top 1% taxpayers share of total income taxes paid grows a whopping 22.7% to 45.8% from 2016-21.
Bottom 50% taxpayers share shrinks 23% to 2.3%.
TCJA: tax code MORE progressive.
Great read.
Pulls the curtain back on so-called Medicare drug “negotiation”…and its impact on patients.
Setting the Record Straight americanactionforum.org/dail…
Proud to serve as hon.chair for #TheWoodlandsKiwanis 37th Annual Special Olympics Games this weekend.
250 inspiring athletes & coaches 400 volunteers!
Thru power of sports, athletes discover new strengths, abilities, skills & success. Pure joy & confidence - on & off field.
TRUTH: U.S. has one of most progressive income tax codes in world. Top 1% shoulder 42% of income taxes paid.
Debunks liberal claims that wealthy don’t pay “fair share.” wsj.com/articles/internal-re…
Thx @ylanmui for your professional, fair & well-researched coverage of all things economic, including tax policy on Capitol Hill.
Hope your net adventure is a great one!
Some personal news --
Today is my last day at @CNBC. I'm so grateful to my amazing colleagues for teaching me the ropes of TV and for their support and friendship over the past six years.
It's been a great run, but I'm ready for a new adventure.
SECURE 2.0 will benefit retirees by:
✅Helping employees save for retirement earlier
✅Incentivizing small employers to offer retirement plans
✅Helping late career workers in saving for retirement
✅Providing Americans greater flexibility to keep more of their savings for longer
The ingenuity of @NormanEBorlaug, father of the Green Revolution, is credited with feeding the world.
Ingenuity of U.S. technology will address climate change w/out energy poverty or killing off traditional energy jobs as #GreenNewDeal demands. wsj.com/articles/the-paul-eh…
“Employers getting hit with tax increases even as risk of recession rises” thx to #Biden#Democrats so-called Inflation Reduction Act.
“This won’t help economy that needs more supply-side investment to counter higher interest rates.”
American companies are getting hit in 2023 with a variety of tax increases even as the risk of recession rises along with interest rates.
on.wsj.com/3Z8wQSc
Enjoyed visiting w/@GillianHTurner to discuss danger of new political weapon in Congress to target political enemies, House Speaker race, Rep-elect Santos, GOP tax cuts transforming working families…and more.
“Congress has never before released a private citizen’s tax information. It won’t be hard for partisans (in either party) to justify seizing & releasing anyone’s returns.”
House Democrats’ release of Donald Trump’s taxes is a violation of taxpayer privacy with no legislative purpose, and it could open an ugly new battlefield in American politics.
on.wsj.com/3Cdlcvf
After 50 years banned, the “enemies list” is back in DC.
My biggest worry is this dangerous new political weapon will target & destroy private citizens who land on that list.
And yes - thx to Jan 6 panel precedent of subpoenaing members of Congress - lawmakers at risk too.
Three years after pandemic, the Democratic “Capitol lockdown” ends. Finally.
@GOPLeader: “Opening the House is more than just a symbolic measure — a government of the people, by the people, for the people, requires interaction with the people.”
rollcall.com/2022/12/30/29ca…
This Week on #FoxNewsSunday, @GillianHTurner hosts and is joined by outgoing Congressman @RepKevinBrady to discuss his time in office. Check your local listings and tune in!