Trump 100 Days Image

The First 100 Days: The ‘Trump Report Card’

The term “The First 100 Days” was first coined by President Franklin D. Roosevelt, in a national radio address. Ironically, he was referring to the 100-day record of the Congress in 1933. Since that time, the reference has been used to measure the success of a first term presidential administration during its first 100 days in office.

While the media and the Democratic Party have been nothing short of hostile, an objective review of the beginnings of the current administration would not be shed in a negative light.

Let’s Take a Look at the Trump Record for the “First 100 Days”:

1. Foreign Policy. It is hard to understate the 180 degree turn in foreign affairs that has occurred under President Trump. Seal Team attacks on ISIS insurgents… Assad uses chemical weapons? Fifty-nine tomahawks hit an airbase… North Korea firing missiles? Send a carrier group and at least one nuclear powered submarine into the area… Russia remains belligerent? Call them out on live TV with their foreign minister sitting next to us… America is not looking to fight yet another war, but instead of helping our enemies and attacking our friends, as was the case the last 8 years, we are now reaffirming our position in the world. The Iran deal remains in place, but Iran’s threat to our interests is probably next up on the Trump “Make America Safe Again” target list. We are finally operating, after 8 long years, from a position of strength and of moral clarity. So far so good! GRADE: A++++

2. Supreme Court nomination. A home run! Neil Gorsuch was every true conservative’s choice for the vacancy on the high court, and his case law history suggests a return to the primacy of the Constitution. The rule of law, free markets, and personal liberty will be the priority once again on a center-right court. Republican Presidents have had some Supreme Court picks go south on their conservatism: Reagan’s pick of Anthony Kennedy and Bush 41’s pick of David Souter, at the time, were seen as staunch conservatives and excellent choices for a Republican President. Both, however, rendered opinions since their appointment that were moderate to liberal over the course of time. Bush 43’s pick of Chief Justice John Roberts has proven to be a conservative one, but not on the most animating principal of the conservative movement – Obamacare – when Roberts sided with the Obama Administration. The most glaring example was Nixon’s choice of Harry Blackmun, who became one of the most liberal justices ever! But sitting here today, based on the evidence, President Trump’s selection of Gorsuch was a Grand Slam! GRADE: A+++

3. Rolling back the Regulatory State. To say that government invaded our lives like never before under the Obama Administration would be the understatement of the century. The use of executive orders, the EPA’s rule-making process, Dodd-Frank, and much more were a drag on the economy and employment growth, and a dangerous infringement on our privacy and our way of life. During the first 100 days of the Trump Administration, the roll-back of government regulations has been a top priority. From federal intrusion into local schools, to mining and land use restrictions, hundreds of Obama-era regulations which stifled all aspects of American life have been removed, with more to come. GRADE: A+

4. Taxes: A big commitment during the campaign was to pass major tax reform legislation. This would include massive tax reductions and flatter rates. Most importantly, business tax reductions are coming as well. Reducing the tax burden on business will help reduce the cost to the consumer, as the costs are always passed on to the end user. Trump released his tax reform proposal on Wednesday, April 26th, and it had significant tax rate reductions for individuals; an elimination of many deductions; and, an end to the Alternative Minimum Tax (AMT). Although we believe major tax reform is coming down the pike, when it comes remains subject to Congressional action – which means “who knows if, and when, we will get it.” GRADE: “I” for Incomplete

5. Obamacare Repeal: No way to put lipstick on this pig. The first attempt at “repealing and replacing” Obamacare was a dud and an embarrassment. Now, there seems to be some movement on Capitol Hill to compromise among warring Republican factions. But make no mistake: the law remains intact while each day brings a new failure, cost or calamity that it creates. People are receiving less care, worse care, and at greater cost than ever before. And when did “replacing” the bill become a priority? Republicans rode to office in 2010 and 2014 promising to REPEAL Obamacare. It wasn’t until just recently that we heard of the need to replace it. Why? The free market only stopped working during the Obama era, it can be put back to work if we would just get government out of the way! President Trump’s verbal commitment to repeal (and replace) remains the only thing that keeps this grade from being the lowest score possible. It would be a “D” but the “replace” strategy lowers the grade for misdirection. GRADE: D-

6. The Wall: The principal promise of the Trump campaign will not be built in a day, but has already succumbed to Democratic threats of a government shutdown. The inability to push forward on wall construction when you have the 2006 statute still on the books that authorized 700 miles of wall to be built, and you have control of both houses of Congress, has many conservatives very nervous. While the Democrats and establishment Republicans are not in favor of a wall, Trump’s voters are. Existing laws on the books, executive order, existing funding through Homeland Security or defense department budgets… it does not seem that the promise to build a wall – the primary campaign promise of the 2016 election – is a high enough priority. Again, not the lowest score, since the promise has not been abandoned, but an unimpressive start to this high priority project. GRADE: C-

OVERALL GRADE: B+ with an incomplete.

When you factor in the unprecedented, unprovoked, and unreasonable resistance the Trump Administration has endured from the media and the Democrats, this is easily an “A” on the fake news/media bias curve.

Presidential politics affects your savings. Whether it is potential trade conflicts, actual shooting conflicts, or just unwinding the morass of from the Obama era, his actions will move markets. It is important to keep the gains you have had from the inflated market by taking those gains off the table and find a protected principal solution.

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Neil Gorsuch Headshot

Gorsuch Crucial for Individual Rights, Liberty, and Limited Government

“Gorsuch Crucial for Individual Rights, Liberty, and Limited Government”
Ty J. Young Editorial

The Supreme Court has always played a crucial and storied role in our nation’s history, and provides that critical “third” branch of government to help serve as one of the three checks and balances- which makes our system so unique in human history. The importance of the Court to your freedoms and liberty, therefore, cannot be overstated.

On Monday, April 10th, Neil Gorsuch was sworn in as the next Justice of the United States Supreme Court. President Trump’s election paved the way to keep the Supreme Court in a center-right orientation, even if the so-called conservatives often rule as liberals (i.e. Anthony Kennedy, the swing vote; John Roberts, the Obamacare vote).

Justice Gorsuch’s legal acumen and his record as a Circuit Court Judge are unmatched. His rulings are almost always confirmed by the Supreme Court, a record unparalleled by other judges in the modern era. Now, critical issues which divide the country will now come before the Court with a voting majority of 9 justices, eliminating the 4-4 splits of the last year.

What has Justice Gorsuch ruled on that will give us an idea of his future vote on key cases before the court, and what are some of those cases that will be heading to the Supreme Court this term?

I. Three Prior Rulings by Justice Gorsuch Which Were Pro-Freedom:
1. Government cannot impose unlawful regulations. In Gutierrez-Brizuela v. Lynch, Gorsuch rightfully ruled government agencies cannot promulgate rules based upon their own interpretations, it must be part of the statutory intent laid out by Congress, or it is invalid. This was a critical blow to the monstrous expansion of regulations under Obama. The ruling makes it clear agencies cannot take land, take your lake or creek, tell you where to build, or otherwise invade the rights you have as an individual unless it is expressly the intent of Congress. This will help the Trump Administration roll back the over-reach of Dodd-Frank and the EPA, which has been killing small business and personal property rights for the last 8 years.
2. Government cannot interfere with the free exercise of religion. In both the Hobby Lobby and the Little Sisters of the Poor cases, Gorsuch was clear in his opinion that the First Amendment was near absolute in terms of preventing the government of coercing, or out-right mandating, behavior or action that would go against someone’s religious beliefs. The Supreme Court agreed on both cases, and they remain the highest profile challenges to Obamacare that succeeded in defeating key aspects of the law.
3. Gun rights and the 2nd Amendment are critical to our individual liberty. In U.S. v. Miguel Games-Perez, Justice Gorsuch ruled that even a convicted felon had a right to bear arms, if the felon did not have knowledge of his loss of that right. Games-Perez stated during trial that he was unaware his conviction remained on the books, or that he was banned from possessing a firearm, and the unlawful possession charge should be thrown out. Justice Gorsuch agreed, stating: “… After all, there is ‘a long tradition of widespread lawful gun ownership by private individuals in this country,’ and the Supreme Court has held the Second Amendment protects an individual’s right to own firearms and may not be infringed lightly.”
II. Three Critical Cases (Out Of Many) in the Upcoming Supreme Court Term:
1. Religious freedom case in Colorado regarding a baker and a gay couple. The Court seems poised to take up this case with much at stake. A Colorado baker refused on religious grounds to bake a cake for a gay couple, who then filed a complaint under Colorado’s Anti-Discrimination Act (CADA). The courts ruled in favor of the plaintiffs. Given Gorsuch’s prior rulings in favor of religious liberty and the court’s current 4-4 split on most issues, this seems to be a test-case for how far the gay rights agenda has progressed under U.S. law.
2. Gun Rights under assault in California. In Peruta v. San Diego, the 9th Circuit ruled en banc to affirm the lower court ruling which stated in pertinent part: “…. there is no Second Amendment right for members of the general public to carry concealed firearms in public.” In January, Peruta filed a writ of certiorari to have the case heard by the Supreme Court.
3. The Trump Travel Ban. Another test case on executive authority under the Constitution, and the rights of non-citizens. Justice Gorsuch has not ruled on an immigration issue of this significance, but the Travel Ban itself seems congruent with the expected responsibilities of the Executive Branch to manage access to the country through immigration and to keep us safe. It is clear a Clinton appointee (or Obama’s choice of Merrick Garland) would almost certainly have provided the 5th vote to take away the Executive Branch’s authority to enforce the border altogether.

It is hard to overstate the importance of these rulings, even if they seem remote and unimportant in your own life. Any system of governance that maintains our individual liberty and freedom requires a fidelity to our Constitution, and the enforcement of the rule of law. Without it, you will eventually have anarchy, or government control, of our lives. Justice Gorsuch has the pedigree of an originalist, a believer in the anchor and bedrock principles found in the Constitution. Let’s hope he remains that way.

Now more than ever our social fabric is strained, even as our markets continually reach all-time highs. Isn’t it time to move some of those gains off the table, and put them into a principal protected investment? Call now to learn more at 877-912-1919.

Tax Reforms

Will We Get the Tax Reform We All Dreamed Of?

Will We Get the Tax Reform We All Dreamed Of?
Ty J. Young

Despite the media’s portrayal of chaos and disarray, the Administration seems to be focused daily on getting through the agenda it promised the American people on the campaign trail. Tax reform has not gone “big” since 1986, yet it seems possible we may get the first comprehensive deal in a generation. This will be a major boost for the country if this comprehensive tax reform is accomplished!

This is occurring despite unprecedented elite bias and leftist/progressive resistance nationwide. While bureaucratic resistance is not new, the public nature of it, and the brazen and dangerous lawlessness of much of it, is something we have not seen before. The mainstream press seems unaware they are living in a bubble, and continue to exhibit the same biases that made them irrelevant during the campaign, and the public uninterested in their daily pronouncements.

President Trump’s agenda has moved forward despite the “resistance.” Consider:

1. Ending regulations by the day? Check.
2. Dismissing holdovers from the previous administration? Check.
3. Improving border enforcement, despite unconstitutional interference by progressive judges? Check.
4. Drafting budgets with the most sweeping cuts to government spending in a generation? Check.
5. Calling for a 10% increase in the defense budget? Check. (Although more is needed).

All of this and more is happening behind the scenes and it is an impressive but incomplete list. The Trump Administration appears to be serious about tackling DC’s most sacred cows. This gives us hope that the tax reform package we have been promised will be forthcoming soon.

However…

Tax reform means legislation – no executive action or order will do – which means Congress is involved.

Yes, I know.

But, America is a land made up of dreamers and if you can dream big anywhere, you can dream the biggest in America.

What would the “Tax Reform we all dreamed of” look like?

1) A Fair or Flat tax. The Fair Tax, a national sales tax replacing all forms of income taxation, is preferred. A flat tax on income would be the next-best in dreamland. Either would turbocharge growth and dramatically increase revenue collections. They would radically reduce compliance costs, and be much “fairer” to all tax payers and a juggernaut to the economy.

What we will probably get is something not so bad or, at least, a step in the right direction: flatter rates, 3-4 brackets instead of 7, eliminate deductions, a pro-growth change that is far fairer than the current system.

2) Corporate Tax reform. Imagine a world in which U.S. corporations were charged tax rates at or below their competitors globally. Manna from heaven? The 35% U.S. corporate tax rate is a punitive rate which drives corporate cash abroad, kills job and wage growth, and passes those higher costs on to consumers. The tax reform we are dreaming of eliminates the corporate tax altogether, but is politically impossible.

What we will probably get is corporate rates in the 15-20% range. Still, a major improvement from what the rates are currently.

3) Capital Gains. Why do we tax money earned through investment? If it is earned through investment, that suggests the person is helping expand economic growth, they are contributing to a business, someone’s salary, you name it. By “investing” the investor is signaling they are contributing to the community in ways the government never could. Having said that, in our tax reform dream world, capital gains taxes will be ELIMINATED.

What we will probably get is not much change at all. Trump’s proposals align capital gains rates with income rates. The House Republican plan is much better. Ways and Means Committee Chairman Kevin Brady has the rates tied to ordinary income rates, but he allows for a 50% deduction, effectively reducing the capital gains rates in half.

4) Abolish the IRS. A Reagan-era mantra of the right. Always a political non-starter, since you must have some agency responsible for making sure people pay their taxes, right? Not so fast – a fair tax eliminates the need for the IRS – a flat tax greatly reduces their role. The scandals surrounding the agency during the Obama-era certainly require a fresh look at how we collect taxes. Perhaps a “Department of Revenue” instead of the dreaded acronym?

What we will probably get is the Trump and Republican reform will reduce the staff, clear out the criminal actors, and remove the taint of scandal. It won’t come easy or quickly, but a less political and more professional IRS should emerge by 2020.

So much to do, so little time. Repatriating cash held abroad by U.S. corporations… Estate Tax… tax rates on S-corps… border adjustment tax (BAT)… there is so much to consider in our first chance at comprehensive tax reform since the 1986 Reagan-era landmark legislation. However, there are significant headwinds with the Obamacare repeal, a hostile media, and division within conservative ranks on what that reform looks like.

The Trump Administration has a chance to make historic changes that are not only profound reversals of the Obama era, but are pro-market, pro-growth reforms which will benefit all Americans. Our dream should be that he succeeds.