The looming Biden tax hike
By
Washington Examiner
May 18, 2024 12:01 am
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Democrats will use a misleading Congressional Budget Office report earlier this month to argue against extending 2017 tax cuts that jump-started the economy. Congressional Republicans would be wise to push back.

Former Vice President Mike Pence is urging them to do just that, writing that failure to renew the tax cuts “would be disastrous for the American people.”

“The Tax Cuts and Jobs Act created instant income growth for hardworking Americans, generated millions of new jobs, and brought back billions of dollars to the United States,” Pence wrote. “Household incomes saw real gains before Bidenomics took effect, and federal tax revenue has never been higher.”

Each of those claims is true. The 2017 bill cut individual income tax rates across the board, increased family tax credits, and, of huge importance, flattened corporate tax rates. It also simplified the tax code while eliminating loopholes.

Most of the cuts are set to expire at the end of 2025. Unless they are renewed, almost every working American effectively will see a punitive tax hike, while expiration of some business tax breaks will cause many firms to raise prices, slash jobs, or both.

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https://www.washingtonexaminer.com/opinion/3005395/the-looming-biden-tax-hike/

Biden Rejects More Trump Debates: ‘No More Games’

Wendell Husebø 17 May 2024

President Joe Biden on Friday rejected participation in more debates, which former President Donald Trump said Biden agreed to attend.

NBC News and Telemundo would have hosted the first presidential event, NBC News confirmed, while Fox News at Virginia State University would have hosted a vice presidential debate at a historically black college.

Trump announced the now-defunct agreement Friday. “I have accepted a fourth Presidential Debate against Crooked Joe Biden, this time with NBC & Telemundo,” Trump said:

    It is important as Republicans that we WIN with our Great Hispanic Community, who Biden has devastated with Crippling Inflation, High Gas Prices, Crime in our Streets, and Border Chaos. This Fourth Debate will go along with our previously accepted Presidential Debates on CNN, ABC, and Fox. This is all in addition to our accepting an invitation from Bret Baier and Martha MacCallum of Fox News to host the Vice Presidential Debate at Virginia State University, or another venue, in Virginia, to be named later. These are the Debates that Voters have been asking for, and these are the Debates that Voters will get!

Biden quickly rejected the debates.

“The debate about debates is over,” a Biden campaign official told NBC News. “No more games.”

Biden preferred CNN to host at least one presidential debate, he said Wednesday. The Biden campaign said the president would debate Trump only in June and September, without live audiences present. CNN’s Jake Tapper and Dana Bash will co-host the first event.

Trump accepted Biden’s invitation and urged the president to debate him earlier and more often.

“I’m ready to go…The dates that they proposed are fine…Let’s see if Joe can make it to the stand-up podium,” Trump reportedly told Fox News Digital. “The proposed June and early September dates are fully acceptable to me. I will provide my own transportation.”

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https://www.breitbart.com/2024-election/2024/05/17/biden-rejects-more-trump-debates-no-more-games/