It’s no mystery why American companies have stockpiled over $2 trillion of overseas earnings in foreign bank accounts. If they bring it to the United States, the IRS would grab 35% of it. That’s the US corporate tax rate – the highest in the developed world, double the average in EU nations.
Part 1 published yesterday at Illinois Review, Thursday, October 1, recounted the stellar and above-board behavior of Attorney General Edwin Meese when serving President Reagan, as remembered by Joseph Morris, an honored member of the Chicago Federalist Society, who held the position of Reagan’s Assistant Attorney General during part of Meese’s tenure as Attorney general. Introductory comments by John Fund were included as a teaser to whet the appetite for further Fund reflections and trust-worthy opinions in what is now Part 2.
It’s difficult for social conservatives or tax-cutting supply-siders not to love Mike Pence. Only such a self-proclaimed “happy warrior for conservatism” could buck his own party, become the third-highest-ranking Republican in the House, and set fundraising records while becoming the odds-on favorite to replace party darling Mitch Daniels as governor of the Hoosier State.
Recently on his show, former Gov. Mike Huckabee ran a segment called, “Does the GOP need to start listening to millennials?” The answer to this question is not only a “yes,” it’s a “you should have started listening several years ago.”
President Obama on Tuesday addressed the Climate Summit at the United Nations, promising to take more executive actions at home, and work more closely with other countries abroad, to fight climate[…]
The United States has been facing an economic malaise and severe foreign policy issues since the end of the last recession in 2009. Inept energy policies can be blamed for much of these problems. It is prudent for energy policy to be elevated to a number one issue in the 2014 and 2016 elections in order to restore the nation’s economy and international leadership.
No one in Washington is taking the lead in addressing poverty and welfare reform like House Budget Committee Chairman Paul Ryan. Almost alone, he has noted that this year marks the 50th anniversary of the War on Poverty.
One of the underappreciated aspects of the current debate over corporate tax inversions is how it represents not just an opportunity for some progressive populism, but is just another aspect of the same view which motivates the left’s general disgust with Uber and other members of the sharing economy.
Last week the Dalai Lama, the religious leader of the Tibetan people, announced that he might not reincarnate, a suggestion that has sparked a flurry of commentary and speculation about the future of the Tibetan independence movement.
President Obama insists that religion, let alone Islam, has nothing to do with the terrorist threat ISIS poses to Americans and all freedom-loving people. But his secretary of state says religion, and Islam, is wholly relevant in the fight against global warming. Top. Men.
The organic food movement grows every year. Many people are attracted to its acclaimed health benefits and superior produce compared to more ordinary foods. Organically grown food is particularly favored over genetically modified foods (GMOs). Indeed, it is hard to find an upscale restaurant or grocery store that does not loudly proclaim its non-GMO status.
Newt Gingrich’s recent article on CNN asks “What Would Reagan Do About ISIS?” Writing a “speech” from the perspective of Ronald Reagan as if he was still president, Gingrich seeks to show a more assertive, commanding response to the massive unrest in Iraq and Syria. The relative merits of Gingrich’s Reagan’s speech are not worth all that much consideration (In a nutshell, it calls for swift action against the militants, and generally damns the present policy). What is of interest is the strange phenomenon the article reveals about a large section of the American right wing today: dogmatic Ronald Reagan worship.
The ongoing conflict in Ukraine has laid bare the woeful state of European defense. For decades Europe has been reliant on an American security blanket, one that has put Europe’s various defense departments to sleep. Putin’s recent belligerence has given them a loud wake-up call. What they will do about the aggression on their frontier remains to be seen.
It’s about time a governor has stepped up to the plate to bat for his citizens instead of the federal government. … In pushing, funding, and evaluating Common Core and its tests, the federal government has stepped right into nearly every American child’s classroom.