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Blog

Democrats' Plans for More Spending Could Mean a Lost Decade for America

House and Senate Democrats are preparing to release another very costly legislative response to COVID-19. No cost estimate is available quite yet, but we know that it’s likely to rival the $2.3 trillion cost of the Phase III bill, the CARES Act, which passed Congress in March. Although all the details of the Democrats’ legislation haven’t been released, it will likely include $1 trillion in funding for state and local governments, bailouts for pension funds and the U.S. Postal Service, expansion of food stamps and the earned income tax credit, universal basic income, and an “essential worker bill of rights.”

05/08/2020
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Blog

Reject Calls for Confiscatory Marginal Tax Rates

There has been much talk in recent weeks of marginal income tax rates. Although the far-left have, talked about a return to high marginal income tax rates for several years, Rep. Alexandria Ocasio-Cortez (D-N.Y.) recently renewed the conversation. The “democratic” socialist has called for a massive wealth redistribution, with a top marginal rate of 70 percent.

01/21/2019
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Blog

Progressivism Part II: FDR and the Supreme Court

In 1912, the Progressive agenda had a few very important victories. Two Amendments to the Constitution were ratified – the federal income tax and the popular election of Senators. Both Amendments would ultimately expand the power and reach of the federal government and reduce the checks and balances embodied in the Constitution and Bill of Rights.

11/14/2016
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Blog

Sorry, Bernie Sanders, FDR's New Deal Actually Prolonged the Great Depression

Senator Bernie Sanders (I-Vt.) gave a highly anticipated speech at Georgetown University on Thursday, where he extolled socialism. The Democratic presidential candidate, whose proposed an estimated $18 trillion in new spending over the next decade, invoked President Franklin D. Roosevelt and the New Deal in his effort to sell his message to college students.

11/20/2015