Stephen Moore from Creators Syndicate Creators Syndicate is an international syndication company that represents cartoonists and columnists of the highest caliber. en Wed, 17 Jan 2018 23:06:55 -0800 Stephen Moore from Creators Syndicate f7e717e9a7ae12caf156b1cbcad4a7e5 Trump Tax Cut Is Already Working for 01/16/2018 Tue, 16 Jan 2018 00:00:00 -0800 <p></p><p>With the recent announcement of Walmart's increasing starting wages and Fiat Chrysler's opening a new plant (with 2,500 jobs) in Michigan, there are now more than a hundred companies that have offered bonuses and benefit hikes to their workers due to the tax cut. An estimated 1 million workers have benefited. This after less than one month. </p> <p>Liberals disparage all of this as a "publicity stunt." To hundreds of thousands of families, this is a wonderful stunt, and let's hope to see a lot more examples of it in the weeks and months ahead. <p>Updated: Tue Jan 16, 2018</p> 1f9a3e5bfeb7b1a942e65041b729902e Who Are You Calling a Moron? for 01/09/2018 Tue, 09 Jan 2018 00:00:00 -0800 <p></p><p>I remember when I was in fifth grade and kept losing tennis matches to a kid I despised. After one match I slammed down my racket and fumed to my mother that my nemesis was a really terrible tennis player. She brought me back down to earth by placing her hands on my shoulders, looking me in the eyes and saying: "How bad can he be, if he keeps beating you?" </p> <p>Which brings me to the trash talking from the media and others on the intellectual left about Donald Trump in the wake of Michael Wolff's new anti-Trump screed, "Fire and Fury." The talking heads are now out in full force, once again thrashing Trump as a moron, a dangerous fool who is intellectually and temperamentally "unfit for office" and even "mentally ill." This is what they have been saying since the day Trump announced he was running for president. <p>Updated: Tue Jan 09, 2018</p> d400b57c6f6440729a2133297adb517f 1 Year in Office: Trump Keeps Defying His Critics for 01/02/2018 Tue, 02 Jan 2018 00:00:00 -0800 <p></p><p>Since the day Donald Trump was elected president in November 2016, the Dow Jones industrial average has risen by some 35 percent, making the last 14 months one of the greatest bull market runs in history. Some $6 trillion of wealth has been created for Americans &#8212; which is very good news for the 55 million Americans with 401(k) plans, the 25 million or so who have IRAs, and another 20 million with company pension plans and employee stock ownership plans. </p> <p>The left was certain exactly the opposite would happen with a Trump presidency. To borrow a recent phrase from House Minority Leader Nancy Pelosi, President Trump's policies would cause "Armageddon" for family finances, the American economy and the stock market.<p>Updated: Tue Jan 02, 2018</p> 3557ac08f9f6e115a7002f01eb4c0630 Trump Tax Cut an Ode to the Laffer Curve for 12/26/2017 Tue, 26 Dec 2017 00:00:00 -0800 <p></p><p>The unsung hero of the GOP Christmas gift of a tax cut is Arthur Laffer &#8212; the Reagan economist who helped devise the Gipper's tax reductions. Those tax cuts rebuilt the U.S. economy in the 1980s and pulled us out of the mini-depression of high inflation and unemployment in the late 1970s. </p> <p>Some 30 years later, Laffer has struck again. House Speaker Paul Ryan tells me that there "were very few economists who had a bigger impact on this tax bill than Laffer. Believe, me our (Republican) members listen to him." Rep. Mark Meadows, the chairman of the Freedom Caucus, adds, "Laffer is one of our go-to guys on understanding the economy."<p>Updated: Tue Dec 26, 2017</p> 60528b91ce8fa05016eb9b7a070a7b08 What John F. Kennedy and Donald Trump Have in Common for 12/19/2017 Tue, 19 Dec 2017 00:00:00 -0800 <p></p><p>Last week during an address at the White House, President Donald Trump likened his tax plan to the tax cut that John F. Kennedy proposed 55 years ago. This elicited some howls of protest from Trump's liberal critics, who say it's historically inaccurate to compare the Trump plan to JFK's.</p> <p>Is it? In 1963 Kennedy proposed a tax cut that slashed business and individual tax rates by about 30 percent. It's true that tax rates were a lot higher then (90 percent in some cases) than now. But the philosophy was the same: Lower taxes will get businesses, investors and consumers going again and jump-start a lackluster economy.<p>Updated: Tue Dec 19, 2017</p> 275779def6b6b3d68ba01760e34f27c5 4 Ways to Improve the Tax Bill for 12/12/2017 Tue, 12 Dec 2017 00:00:00 -0800 <p></p><p>The Senate-passed tax bill is a policy triumph that will provide a shot of performance-enhancing drugs to the veins of the economy. <span class="column--highlighted-text">It's not perfect, but with the combined effect of cutting business tax rates, eliminating the state and local tax deduction and repealing the Obamacare individual mandate tax, we are at the precipice of the biggest conservative policy victory since the Reagan years. </span></p> <p>If Republicans were wise, the House would vote immediately to approve the Senate bill and get it to President Donald Trump's desk for signing before anything can go wrong. (Think Obamacare repeal fiasco.) <p>Updated: Tue Dec 12, 2017</p> d0496f5d5f64749010167d29a2465d77 Tax Plan Is a Cut for Everyone for 12/05/2017 Tue, 05 Dec 2017 00:00:00 -0800 <p></p><p>Whenever I'm asked if the Trump tax cut is for the rich, I say yes. It is a tax cut for the rich. It is a tax cut for the middle class. It is a tax cut for small businesses. It is a tax cut for the Fortune 100. If you pay federal income taxes, you will, in almost all cases, be getting more take-home pay come Jan. 1.</p> <p>One of the ironies of the left's "these are tax cuts for the rich" mantra is that many upper-income people I know in states such as California, New Jersey and New York complain to me they are getting a sizable tax increase. The lower income-tax rates don't compensate for the loss of the state and local tax deductions.<p>Updated: Tue Dec 05, 2017</p> 279799ef58144bf6681532895accde4a How the GOP Tax Plan Can Help Small Businesses More for 11/28/2017 Tue, 28 Nov 2017 00:00:00 -0800 <p></p><p>Wisconsin Sen. Ron Johnson has caused a bit of a hullabaloo by complaining that small businesses don't get the benefits that corporations do in the GOP tax plan. <span class="column--highlighted-text">Johnson has credibility here because he is one of those rare breeds in Congress who actually knows something about running a business, having done so for nearly 30 years. </span></p> <p>Sen. Johnson's beef with the House plan is that the effective tax rate on a successful small business would be almost 36 percent (as opposed to 39.6 percent today), compared with the new 20 percent rate for a corporation, such as General Electric Co. or Boeing.<p>Updated: Tue Nov 28, 2017</p> 67b417b84b2f50e10d9fd0b9aaa5cfd8 The Stupid Party Gets Smart for 11/21/2017 Tue, 21 Nov 2017 00:00:00 -0800 <p></p><p>Republicans have long been known as "the stupid party." They do stupid things, such as waiting until mid-November to push a must-pass tax cut that should have been done by April. </p> <p>But in recent weeks the GOP is finally showing some brains and some backbone on taxes. They are using their majorities in Congress to roll back and roll over the left, and it's about time. In a more rational world, tax reform could have been bipartisan. But once Democrats declared they would be unified obstructionists on tax reform, there was no reason to throw a bone to the "resistance movement." Playing nice with Chuck Schumer won't buy any votes, so why bother?<p>Updated: Tue Nov 21, 2017</p> 0c7a677e10fb16179b1a6e787685ccb2 Hey, Republican Big Spenders: Keep the Spending Caps for 11/14/2017 Tue, 14 Nov 2017 00:00:00 -0800 <p></p><p>Why would a Republican House, a Republican Senate and a Republican president repeal the best weapon against runaway federal spending in 30 years? </p> <p>That may happen later this year if Congress doesn't extend the Budget Control Act of 2011, which includes spending caps and sequester spending cuts if those caps are violated. The BCA has been one of the most successful anti-spending policies of modern times, and it helped bring the spending blitz during Barack Obama's first two years in office to a screeching halt. <p>Updated: Tue Nov 14, 2017</p> b9cdfc428888f98ca00a8948340ff232 Why the Left Has Been so Wrong About the Trump Boom for 11/07/2017 Tue, 07 Nov 2017 00:00:00 -0800 <p></p><p>Time magazine's cover story for the week of Nov. 6 is a classic. It blares: "The Wrecking Crew: How Trump's Cabinet Is Dismantling Government As We Know It." The New York Times ran a lead editorial complaining that team Trump is shrinking the regulatory state at an "unprecedented" pace. </p> <p>Meanwhile, last week the stock market raced to new all-time highs; we had another blockbuster jobs report with another fall in the unemployment rate; and housing sales soared to their highest level in a decade. <p>Updated: Tue Nov 07, 2017</p> f37aaa54c3aa01e970315ca3b64a9cf2 Five Biggest Reasons to Hate the IRS Tax Code for 10/31/2017 Tue, 31 Oct 2017 00:00:00 -0700 <p></p><p>President Donald Trump has proposed what he calls "the biggest tax cut since Ronald Reagan." He also wants vast simplification so that Americans can fill out their taxes on a postcard return. Let's hope that part of this reform package will be to defang the IRS, which treats Americans as if they are guilty until proven innocent and invades the basic privacy rights of citizens.</p> <p>Meanwhile, Trump's critics on the left seem to think the tax code is just fine the way it is &#8212; although some, like socialist hero Bernie Sanders, want tax rates to go much higher.<p>Updated: Tue Oct 31, 2017</p> 5e9815e32ef43aba7815a87682193b54 A Lifetime of Taxes Is Enough for 10/24/2017 Tue, 24 Oct 2017 00:00:00 -0700 <p></p><p>My father built a small business from scratch with years of sweat equity and many weeks and months away from home. He employed about 100 people, and by the end of his working years the business was highly successful. He became a millionaire. He lived the American dream. He sold a product that people wanted, provided a solid income for many families and gave lots of money to our church and numerous other charities. And every year he paid his taxes. Over the course of his lifetime, he paid millions of dollars in income taxes, sales taxes, payroll taxes, property taxes, gas taxes and so on. He died two years ago at age 91. </p> <p>Should people like my father have to surrender up to 50 percent of their life savings to the government upon death? Do we want to live in a country where half a family business, farm or ranch gets handed over to the IRS when the owner dies?<p>Updated: Tue Oct 24, 2017</p> 07331be85ebe9c12ebb8225d97a558bc NAFTA 2.0 Must Strengthen Intellectual Property Rights for 10/17/2017 Tue, 17 Oct 2017 00:00:00 -0700 <p></p><p>It now appears that Donald Trump's intention regarding the North American Free Trade Agreement is to mend it, not end it. That's good news, because the trade deal has been a stunning economic success for Canada, Mexico and the United States. Freer trade has meant steady increases in the volume of trade, greater competitiveness and lower prices.</p> <p>But as Trump's negotiators craft a NAFTA 2.0 deal, some things need to be fixed to assure America's continued commanding heights in technology and innovation. Intellectual property rights &#8212; patents, copyrights and so on &#8212; need to be better safeguarded.<p>Updated: Tue Oct 17, 2017</p> d892f2be2e4b765a71831c56a20ffe80 Why Sports and Politics Do Not Mix for 10/10/2017 Tue, 10 Oct 2017 00:00:00 -0700 <p></p><p>There's a famous Woody Allen joke: "Those who can't do teach, and those who can't teach teach gym."</p> <p>Well, here's a modernized version of that old saw: Those who can't do write, and those who can't write write about sports.<p>Updated: Tue Oct 10, 2017</p> af18a77daf96699504cf7622897bc645 Trump's Tax Cut: 'Show Me the Money' for 10/03/2017 Tue, 03 Oct 2017 00:00:00 -0700 <p></p><p>Donald Trump's latest tax-cut plan would be a steroid injection for the U.S. economy. Bravo to the White House and congressional leaders for packaging the biggest pro-growth tax cut since Ronald Reagan.</p> <p>My only quibble is that I wish the "Gang of Six" negotiators had stuck with President Trump's call for a 15 percent business tax rate &#8212; which was in the campaign plan that Larry Kudlow and I helped draft. Instead, this plan would set the rate at 20 percent for corporations (down from 35 percent) and 25 percent for small businesses (down from 40 percent for many firms). This may not be as low as Trump wanted, but it is still a vast improvement for competitiveness over the current IRS code.<p>Updated: Tue Oct 03, 2017</p> ba39122a95c5d521185ac9a2f4aefc2f Yes, the States Can Fix the Obamacare Debacle for 09/26/2017 Tue, 26 Sep 2017 00:00:00 -0700 <p></p><p>Back in 1996, a Republican Congress and a Democratic president (Bill Clinton) enacted one of the most historic bipartisan policy victories in modern times: the Personal Responsibility and Work Opportunity Reconciliation Act for welfare reform. </p> <p>The passage of that bill has so many parallels to the fight over the Graham-Cassidy Obamacare-reform legislation now before Congress that it is worth recounting some of the lessons. Just as with the Graham-Cassidy bill, the '96 welfare reform bill gave block grants to the states so they could operate their own welfare systems. The basic federal provisions encouraged tough love: requiring recipients to begin working within two years of receiving benefits; capping benefits at a lifetime total of five years; and strengthening the enforcement of child support. <span class="column--highlighted-text">Most importantly, an open-ended federal entitlement was capped, so states had incentives to run their programs cost-effectively.</span> <p>Updated: Tue Sep 26, 2017</p> 705a72d922ecdc6a54d2eb28b8497fee America's Unfriendly Skies for 09/19/2017 Tue, 19 Sep 2017 00:00:00 -0700 <p></p><p>Liberals love to portray Republicans as the party of the rich and powerful. The GOP has tried, valiantly, to shed that criticism &#8212; but then why are so many in the party defending the special interests of private- and corporate-jet owners over the interests of the rest of us? Do Warren Buffett and LeBron James really need taxpayer subsidies to jet across the country?</p> <p>At issue here is the proposed modernization of the operations and pricing of America's air traffic control system. President Donald Trump has proposed an air traffic control upgrade that would take the system out of the direct control of the government and convert it into a self-funded nonprofit group. The air traffic control system would become directly accountable to the industry and passengers &#8212; not politicians, congressional committees and bureaucracy. Bill Clinton's administration proposed something like this 20 years ago.<p>Updated: Tue Sep 19, 2017</p> 78fd5fe7dc035eb5987d2fd238760850 Face It: The Trump Boom Is Here for 09/12/2017 Tue, 12 Sep 2017 00:00:00 -0700 <p></p><p>Has anyone noticed &#8212; through the fog of Russia, James Comey, Charlottesville and now two monster hurricanes &#8212; that the U.S. economy is booming faster than it has since the late Clinton years?</p> <p>It is undeniable. In the last year of the Obama administration, the economy was decelerating, with a dismal 1.6 percent growth rate. The economy revved up to a 3 percent growth rate in the second quarter this year. And some recent estimates for third-quarter GDP indicate even brisker growth, around 3.4 percent. <p>Updated: Tue Sep 12, 2017</p> 3aace2de87b70ef3996779a5d0357290 Violence Next Time for 09/05/2017 Tue, 05 Sep 2017 00:00:00 -0700 <p></p><p>Does hatred and violence reside only on the far right, as the media seems to be spinning things? Consider this personal anecdote.</p> <p>Late last year I was attending a board dinner for the American Legislative Exchange Council in Pittsburgh. ALEC represents conservative state legislators around the country. The left hates ALEC because it promotes conservative reforms to state government and challenges the public-sector unions. <p>Updated: Tue Sep 05, 2017</p>