Commentary: Massive Tax Hikes Coming Without GOP Sweep in 2024 Elections

Woman doing paperwork at her desk

The Tax Cuts and Jobs Act (TCJA) signed into law by President Donald Trump on Dec. 22, 2017, provided across-the-board income tax cuts for all income levels as well as significant tax relief for American taxpayers.  However, most of the tax relief expires on Dec. 31, 2025, which will result in significant tax hikes for most Americans in 2026.

Republican presidential candidate Donald Trump and Republicans in Congress are calling for new legislation in 2025 to make the TCJA tax cuts permanent. But this will only be possible with three election results this November: (1) Trump wins the presidency; (2) Republicans gain majority control of the Senate; and (3) Republicans maintain majority control of the House of Representatives. Failure to achieve a victory sweep for the presidency and both houses of Congress would be devastating for Americans’ pocketbooks, given Democrat animus towards extending the TCJA tax cuts.

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Commentary: Republicans Must Not Surrender to Bernie Sanders on Healthcare

I’ve said it before and I’ll say it again: the GOP needs an effective healthcare agenda. There are many policies and programs they could be championing to help families deal with rising costs — especially now with control in the House and a slim Democratic majority in the Senate — but unfortunately, they’ve failed to capitalize on this issue so far.

Republicans are missing an important opening; last year 90 percent of voters said a candidate’s plan for reducing the cost of healthcare would be important to them and 39 percent went so far as to say they would likely cross party lines to vote for a candidate who makes reducing healthcare costs their top priority!

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Cornel West Announces He’s Running for President

Cornel West, a prominent left-wing academic and philosophical writer, announced on Monday that he is running for President in 2024.

West, 70, announced that he was running in a video posted on Twitter and will be seeking the People’s Party nomination. West said that he had decided to run for “truth and justice which takes the form of running for president of the United States.”

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Moderna Under Fire as CEO Earned Nearly $400 Million in Stock Options and a 50 Percent Raise Last Year

Moderna is under fire after financial records showed the biotech company’s CEO Stephane Bancel earned around $393 million in 2022 from stock options he exercised as he received a 50% raise.

Bancel, whose firm is known for producing the COVID-19 vaccine, received $1.5 million in 2022, an increase of 50% from 2021, and Moderna increased his target cash bonus, a March securities and exchange commission filing shows.

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Democrats Join ‘Patriotic Millionaires’ Group to Call for 90 Percent Tax on Income Above $100 Million

A group of Democratic lawmakers and the Patriotic Millionaires, an organization of high-income and high net worth individuals favoring higher taxes on the wealthy, are calling on Congress to pass a 90% income tax on incomes above $100 million as fears of a recession are growing.

Abigail Disney, a documentary filmmaker who is the granddaughter of Roy Disney, cofounder of The Walt Disney Company, joined the lawmakers to call for higher taxes on “extremely high income.”

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Bernie Sanders Rallies with Starbucks Workers After Richmond Stores Unionize

As Starbucks stores around the country continue to unionize, a prominent U.S. Senator received a rockstar’s welcome in Richmond, where he went to galvanize employees of the coffee retail giant. 

“It is an honor for me to be here,” Sen. Bernie Sanders (I-VT) told the crowd, “because you are extraordinary American heroes and heroines.

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Bernie Sanders Rallies with Starbucks Workers After Richmond Stores Unionize

As Starbucks stores around the country continue to unionize, a prominent U.S. Senator received a rockstar’s welcome in Richmond, where he went to galvanize employees of the coffee retail giant. 

“It is an honor for me to be here,” Sen. Bernie Sanders (I-VT) told the crowd, “because you are extraordinary American heroes and heroines.

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Senate Unanimously Votes Against Defunding the Police

The Senate early Wednesday unanimously approved an amendment to its proposed budget that opposed defunding the police.

The amendment, offered by Alabama Republican Sen. Tommy Tuberville, came during the Senate’s overnight vote-a-rama, a marathon session during consideration of Democrats’ $3.5 trillion budget where members can offer unlimited amendments. While the votes are non-binding, they can sometimes be politically tricky for senators as their colleagues force on-the-record positions on contentious issues.

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Bernie Sanders Wants to be Joe Biden’s Labor Secretary According to Report

Vermont Sen. Bernie Sanders is reportedly making a push to be nominated as labor secretary in a potential Joe Biden administration, sources told Politico.

Sanders is interested in having a position in Democratic presidential nominee Biden’s potential cabinet, an unnamed person close to the Vermont senator told Politico Thursday evening. Sanders, who was former Vice President Biden’s main rival during the 2020 Democratic primaries, has specifically expressed interest in leading the Department of Labor, according to the source.

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Rep. Ilhan Omar, Sen. Bernie Sanders Push Bill Taxing Billionaires 60 Percent to Fund One Year of Healthcare for All

Congresswoman Ilhan Omar (D-MN-05) and Senator Bernie Sanders (D-VT) introduced a bill Friday to tax billionaires sixty percent of their pandemic-earned assets. The proposed bill, “Make Billionaires Pay Act,” would use the tax money to cover individual healthcare expenses for one year.

In a tweeted video, Sanders argued billionaires have profited off the coronavirus pandemic while the rest of the country has suffered.

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Commentary: Democrats Don’t Fear Brett Kavanaugh – They Fear the Constitution

Bernie Sanders

by David Harsanyi   Sure, some of the anger aimed at President Donald Trump’s nomination of Judge Brett Kavanaugh to the Supreme Court is partisan bluster meant to placate the activist base. Still, most Democrats were going to get hysterical about any pick, because any conservative pick was going to take…

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