Trump Weighs in on Contentious Texas AG Primary Race
Former President Donald Trump weighed in on the contentious GOP primary for Texas Attorney General. Incumbent Ken Paxton (R-TX) received the support of the former president over George P. Bush, who launched a primary challenge to Paxton. Bush courted Trump for support:
The former commander-in-chief ultimately sided with Paxton, commending him for being “on the front line” in the fight “or Texas, and America, against the vicious and very dangerous Radical Left Democrats.”
“Attorney General Ken Paxton has been bravely on the front line in the fight for Texas, and America, against the vicious and very dangerous Radical Left Democrats, and the foolish and unsuspecting RINOs that are destroying our Country. Ken is strong on Crime, Border Security, the Second Amendment, Election Integrity and, above all, our Constitution,” Trump wrote in an endorsement of Paxton. “He loves our Military and our Vets. It is going to take a PATRIOT like Ken Paxton to advance America First policies in order to Make America Great Again. Ken has my Complete and Total Endorsement for another term as Attorney General of Texas. He is a true Texan who will keep Texas safe—and will never let you down!”
Dem-sponsored changes to death taxes could cost almost 1M US jobs, study finds
Republicans and Democrats are at odds over ending the stepped-up basis provision.
A Democratic proposal to eliminate the stepped-up basis tax provision could kill nearly 1 million U.S. jobs, a new study shows.
Sustained annual job losses from eliminating the provision as outlined in the STEP Act would range from 500,000 to nearly 1 million, according to an analysis conducted by the nonpartisan firm Regional Economic Models Inc. (REMI), which was commissioned by the conservative-leaning Committee to Unleash Prosperity.
The STEP Act would eliminate step-up in basis by taxing unrealized capital gains when heirs inherit assets on which the original owner never paid income taxes.
In addition to job losses, REMI’s analysis projected a $1 trillion loss in GDP over 10 years and a $600 billion loss in private investment over the same time period. Projected losses in personal income over the course of a decade were about $1 trillion, which would translate to $8,000 to $10,000 per household.
Conservative economist Steve Moore, who is a principal at the Committee to Unleash Prosperity and served as an economic adviser to former President Trump, said the study shows President Biden’s death tax scheme would “assault” the American tradition of passing on family-owned business over generations.
“Many families will literally have to sell the farm to pay the Biden taxes,” Moore said in a statement. “The damage to jobs and the economy would be multiple times larger than any revenue gained for the government from this unfair tax proposal.”
The analysis was based on a top combined capital gains tax rate of 43.4%, which includes the administration’s proposed 39.6% top capital gains tax rate and the existing 3.8% net investment income tax. It did not take state tax rates into account.
Proponents of the STEP Act maintain that it would target accumulated fortunes among the ultra-wealthy, who have largely been able to avoid paying taxes on their wealth because of the stepped-up basis provision.
The legislation would allow the exclusion of up to $1 million in unrealized capital gains, and some taxpayers would have the option of paying in installments over the course of 15 years if the tax applied to illiquid assets like farms.
The STEP Act is supported by Democratic Sens. Chris Van Hollen of Maryland, Elizabeth Warren of Massachusetts, Cory Booker of New Jersey, Sheldon Whitehouse of Rhode Island and Bernie Sanders, I-Vt.
Hungarian Government: No Transgender Activists in Schools!
Hungarian Foreign Minister Péter Szijjártó is calling out the “liberal mainstream” for striving to achieve an “absolute hegemony of opinion” and “shunning” those who don’t share their views.
Péter Szijjártó, Minister of Foreign Affairs and Trade, has said the pressure of a vast international lobbying network is behind the attack against Hungary’s child protection law.
“The European Commission basically has one big problem with the law: that from now on, LGBTQ activists cannot go into schools and kindergartens to fill the heads of Hungarian children to their liking,” Minister Szijjártó told Kossuth Rádió on Sunday.
“They cannot impart to them the kind of propaganda that aims to popularize gender reassignment or homosexuality,” he added. Szijjártó said that the “liberal mainstream” understands Democracy to mean that “they can have everything they want.”
It has become clear in recent years that “they are not democrats because a democrat accepts that if somebody has a different opinion, that has to be respected,” he added.
The minister called out the “liberal mainstream” for striving to achieve an “absolute hegemony of opinion” and “shunning” those who don’t share their views. Minister Szijjártó said European Union institutions “are not reluctant to use EU funding for blackmail, which is why every effort must be made to ensure European financial matters and European political affairs can never be mixed together by anybody”.
For The First Time Ever, Gen. Flynn Reveals High-Ranking GOP Were Behind Plot to Silence Him
Nobody better understands the psychopathic nature of the modern left better than General Michael Flynn. Just days into his tenure as National Security Advisor, Flynn was entrapped by a hostile FBI that wanted him gone for political reasons. Shortly after, the Mueller investigation targeted him, and he spent the next three years battling a relentless effort to send him to prison. Even after DOJ prosecutors attempted to drop Flynn’s case, D.C. Judge Emmet Sullivan frantically tried to keep the case alive, even appointing a “friend of the court” to argue that Flynn was guilty of perjury for trying to withdraw his guilty plea. In the end, a pardon from President Trump was needed to finally end a case that should have never existed in the first place.
But through it all, Gen. Flynn was never defeated.
Gen. Flynn generously agreed to meet with Revolver for a few questions.
In the first segment of our interview, we ask General Flynn why the deep state was so intent on destroying him and having him removed from the Trump Administration. What was it about his background, experience, skillset, and belief system that they found so threatening? In his answer, Flynn offered the disturbing revelation that some very high level members of the Republican establishment were part of the group trying to silence him.
Conservative Baptist Network Calls On New SBC President Ed Litton To Resign
A Baptist group is calling for the resignation of the Southern Baptist Convention’s (SBC) new president over alleged plagiarism.
According to Christian News Now, the allegation is relative to Ed Litton’s plagiarization of J.D. Greear’s sermons on the book of Romans, which the latter claimed that he permitted Litton to use.
In a statement released last week, the Conservative Baptist Network (CBN) urged Litton to step down following his failure to acknowledge and repent for the mistake.
Citing the verses Exodus 20:15, Proverbs 28:6 and 1 Timothy 3:2, CBN stated that Litton’s conduct contradicts the expectation.
“This sinful behavior and the lack of forthrightness when exposed is inconsistent with the character and integrity Southern Baptists rightfully expect from their president,” the group said.
“Compounding the concern surrounding President Litton’s irrefutable pattern of plagiarism is the silence of nearly all SBC leaders. Further eroding the testimony of the SBC to a watching world is the way some SBC leaders have excused and even minimized this troubling behavior,” it also stated.
CBN pointed out that plagiarism violates the Ten Commandments, adding that the Bible warns about the stricter judgment on church leaders, as stated in James 3:1.
The group said that it delayed its reaction on the matter, hoping that Litton would admit his fault and repent, but did not do so.
“As further evidence of what appears to be serial plagiarism continues to surface in at least six videos from a variety of named sources, the Conservative Baptist Network calls on the leaders of the SBC to address this matter promptly and biblically. For the sake of the gospel, it is best for President Litton to step down from office and focus on his personal spiritual development with his local church,” the statement added.
“The testimony of Southern Baptists and of the gospel is at stake,” CBN concluded.
