Social Issues

As the House tax bill hits the wires, leaked details of the Senate's tax bill are coming out...

There will be 7 tax brackets - considerably more complex than the 3 brackets in the House bill

Senate tax legislation will keep seven tax brackets but alter the rates, GOP Sen. John Hoeven tells reporters.

 

Hoeven says the brackets will be set at 7%, 12%, 22.5%, 25%, 32.5%, 35%, and 38.5% (lower than the current top tax rate of 39.6%)

California’s NAACP is pushing for state lawmakers to support a campaign to remove "The Star Spangled Banner" as the country’s national anthem.

In possibly the greatest 'virtue signal' yet, the organization last week began circulating among legislative offices two resolutions that passed at its state conference in October: one urging Congress to rescind “one of the most racist, pro-slavery, anti-black songs in the American lexicon” as the national anthem, and another in support of former San Francisco 49ers quarterback Colin Kaepernick.

Confirming reports from earlier this week that the Senate GOP tax plan would delay the corporate tax cut for (at least) one year, a move that would strip the proposed tax reform of its most potent benefit, moments ago the Wapo reported that in a few hours, Senate Republicans will propose delaying a cut in the corporate tax rate from 35 percent to 20 percent until 2019.

After a wave of GOP defections in recent days and waffling on timing, Goldman's economics team apparently still sees a 65% chance of a tax reform bill being enacted by "early 2018," but warns that the final bill may look nothing like the one recently proposed by the House.

Authored by Mac Slavo via SHTFplan.com,

A black Air Force cadet has admitted to writing racial slurs targeting blacks attempting to generate hate crime outrage.

You may remember the epic speech given by Lt. Gen. Jay Silveria, superintendent of the U.S. Air Force Academy...