10 results for tag: economic stability

Manufacturers agree with President Trump: Tax reform is “rocket fuel” for the economy

President Trump’s historic tax plan has provided manufacturers with the ability to hire more workers and put more money back into the pockets of manufacturing workers. Real Clear Politics has the details: In the NAM’s latest quarterly Manufacturers’ Outlook Survey of our members, most respondents felt confident that tax reform would grow their businesses and help their workers. Sixty-three percent said comprehensive business tax reform would encourage their companies to spend more on their facilities and equipment, and 58 percent said they would expand their businesses. In addition, 54 percent said they would hire more workers, and ...

Tea Party Patriots Citizens Fund Weekly Report from Washington for 10/23/17

CALENDAR: The House will return Monday, with first votes set for 6:30 PM. The House is scheduled to hold its last vote no later than 3 PM Thursday. The Senate also returns on Monday, with the first vote set for 5:30 PM. LAST WEEK ON THE HOUSE FLOOR: The House was in recess last week. THIS WEEK ON THE HOUSE FLOOR: The House will return Monday, and is scheduled to take up six bills on the Suspension Calendar. On Tuesday, the House is scheduled to take up three more bills under Suspension of the Rules. The House will also take up H.R. 732, the Stop Settlement Slush Fund Act of 2017. This is a very important piece of legislation. The bill would ...

Tea Party Patriots Weekly Report from Washington for 10/9/17

CALENDAR: The House will return Tuesday, and will stay in session through Friday. The Senate is in recess this week, and will return next Monday, October 16. LAST WEEK ON THE HOUSE FLOOR: The House returned to work last Monday evening, and took up and passed two bills under Suspension of the Rules. On Tuesday, the House took up and passed the Rule governing consideration of H.R. 36, the Pain-Capable Unborn Child Protection Act. Then the House took up and passed H.R. 36, by a vote of 237-189. The only two Republicans to vote against outlawing abortion after 20 weeks were Charlie Dent of Pennsylvania and Rodney Frelinghuysen of New Jersey. On ...

Tea Party Patriots Weekly Report from Washington for 10/1/17

CALENDAR: The House will return Monday, and will stay in session through Thursday. The Senate will also return Monday, and will also stay in session through Thursday. LAST WEEK ON THE HOUSE FLOOR: The House came back last Monday and took up H.R. 3823, the Disaster Tax Relief and Airport and Airway Extension Act, under Suspension of the Rules. This is a bill that extends the expiring programs of the Federal Aviation Administration through March 31, 2018; provides certain tax benefits and individual tax cuts to individuals living in the U.S. Virgin Islands and Puerto Rico; and includes the text of the Flood Insurance Market Parity and Modernization ...

Jenny Beth’s Journal: The GOP’s tax reform proposal is just what America needs

President Trump and Republicans in Congress released a tax reform framework that experts say will simplify the system, lower Americans’ taxes and generate significant economic growth. How could one proposal accomplish so many important things? Jenny Beth explains in her column for the Hill: On the corporate side, it proposes to slash the rate from 35 percent to 20 percent, which would, overnight, make the U.S. a more attractive place for business investment from both home and abroad. And the plan proposes to cut the rate on so-called “pass through” income – the income generated by small businesses that file via their owners’ personal ...

Tea Party Patriots Weekly Report from Washington for 9/25/17

  CALENDAR: The House will return today, with the first votes held at 6:30, and will stay in session through Thursday, with the last votes scheduled for 3 PM. The Senate will return today, and is scheduled to stay in session through Friday. LAST WEEK ON THE HOUSE FLOOR: The House was in recess last week. THIS WEEK ON THE HOUSE FLOOR: The House returns today, with the first vote at 6:30 PM. Tonight, the House is scheduled to take up eight bills under Suspension of the Rules. Tomorrow, the House is scheduled to take up H.R. 2824, the Increasing Opportunity and Success for Children and Parents through Evidence-Based Home Visiting Act. On ...

The ‘American Dream’: No longer a ‘dream’ for small businesses

Small business owners across the country are struggling and many feel that struggle is due to our high tax rates and our outdated and needlessly complex tax code. Many small businesses pay a federal marginal tax rate of 40 percent, which places small business at a drastic disadvantage compared to foreign competitors. As a result, small businesses cannot expand or hire new employees, let alone afford their current employees. Former NFL great and small business owner Fran Tarkenton shares his experiences: The current small business tax burden is far outside the international norm. Small businesses, the vast majority of which pay tax at the individual ...

Tax reform: A winning ticket for the American People

Congress is under a major time crunch to introduce a tax reform package before 2018 – that is, if they want to put a major legislative victory under their belts by the end of this year. Under the current tax code, the American people and small businesses are suffering and the economy is stagnant. A tax reform plan that would provide a simpler, flatter, and fairer system would not only increase economic opportunity but it would create higher-paying jobs. Forbes has the commentary: So, in the weeks ahead, a tax bill will emerge from Congress that will give America a chance to significantly improve our economic growth rates. We have had four major tax ...

Former Sen. Rick Santorum: Repeal bill gets rid of Obamacare inequities

Former Sen. Rick Santorum (R-Pa.) joined Tea Party Patriots Co-Founder Jenny Beth Martin Wednesday to discuss Obamacare-repeal legislation that would shift health-insurance funding from a federal level to a more local level via block grants to the states that governors would then have to administer. “What does this bill do? No. 1: It cuts taxes. No.2: It cuts spending. No. 3: It reduces the deficit. No. 4: It applies the Tenth Amendment and gets the money out of Washington and sends it to the states,” says Santorum during the Facebook Live interview. Santorum earlier this week – along with Sens. Lindsey Graham (R-S.C.), Bill Cassidy (R-La.), ...

Small-business owner: Tax reform for all ‘not a political event’ but an ‘an American event’

For many struggling Americans, tax reform is critically important because it could lead to economic growth that would generate better-paying jobs and higher take-home salaries for everyone. Real, effective tax reform would be a huge boost to the small business owners who help drive our economic success. The Daily Signal has the inside scoop: For one struggling business owner in America’s heartland, tax reform is a must. “Tax reform is gonna help everyone,” Carla Young, owner of C.J.’s Cleaning Service LLC in Sedalia, Missouri, told The Daily Signal in a phone interview. “There’s no way everyone can’t benefit.” Young, whose small ...