When the NAR won the battle over keeping State and Local Tax deductions "as is", in the process denying the proposed GOP tax reform more than a trillion in revenue over the next ten years, it effectively doomed the most important provision of the republican tax bill set to be unveiled tomorrow: the reduction in the corporate tax rate from 35% to 20%. Or rather the permanent reduction in the corporate tax rate.
In our comprehensive review of the GOP tax bill which was scheduled to be unveiled tomorrow, we noted the following key caveat "There are a lot of unknowns in this process, the biggest of which - of course - is whether the bill will be delayed from its scheduled Wednesday appearance." In retrospect, and in light of the conflicting reports about what may be contained in the final draft of the bill, this has proved prophetic because moments ago, Axios reported that week's 2nd biggest events - after Trump's announcement of Jay Powell as the next Fed chair - the release of the Republi
Authored by Patrick Buchanan via Buchanan.org,
“More is now required of us than to put down our thoughts in writing,” declaimed Jeff Flake in his oration against President Trump, just before he announced he will be quitting the Senate.
Though he had lifted the title of his August anti-Trump polemic, “Conscience of a Conservative,” from Barry Goldwater, Jeff Flake is no Barry Goldwater.
Update (4:30 PM EST): Not surprisingly, Jeff Flake has awarded his first, post-resignation interview to CNN who just happens to be making a lot of new Republican friends today...Here's what he had to tell Jake Tapper:
Sen Jeff Flake: Republicans ought to stand up and say “this is not right, this is not us, this is not conservative.” https://t.co/x6yhopKXrB pic.twitter.com/w6dktg8c3l
— CNN (@CNN) October 24, 2017
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Fresh of his latest feud with outgoing Senator Bob Corker, Donald Trump was headed toward a GOP policy lunch in the Senate when a protester threw Russian flags at Trump as he was walking in the Capitol building, while shouting "Trump is treason" as the president walked by.
"Why are you talking about tax cuts when you should be talking about treason?" the man shouted as caught on social media videos.