Today's Newsletter June 22 Edition

June 22, 2018 |

Newsletter 

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Today's Commentary: Another "confidential human source" (SPY) approached Trump advisor -- New IRS form coming -- Charles Krauthammer -- Survey says -- South Dakota decision -- Evening Edition - Daily Verse

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Even after the release of a 568-page report documenting example after example of the stunning partisanship infecting our federal bureaucracy, new clues suggest we’re still just seeing the tip of the dirty old iceberg. Inspector General Michael Horowitz has now turned his attention to the “Trump/Russia” investigation, and with any luck, maybe it won’t take another year and a half to complete. Rep. Mark Meadows, chairman of the Freedom Caucus, said during his questioning of Horowitz that there is “growing evidence” that some of the FBI reports known as 302s have been changed. If this happened during the Hillary email investigation, it is the same as evidence tampering.

Another compelling revelation is that it looks as though more spying was done than we knew about...

READ MORE ON MY WEBSITE HERE>>>>   

 

Mike Huckabee



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New IRS 1040 Form

By Mike Huckabee

President Trump teased that the new IRS 1040 form that will soon be revealed will be, as promised, the size of a postcard for nine out of 10 Americans. With typical Trumpian salesmanship, he described it as “a single, little, beautiful sheet of paper.”

That promise was met with skepticism by tax analysts, who noted that only five or six of 98 lines and boxes currently on the IRS Form 1040 are eliminated under the new tax law and one is added. So if it’s really the size of a postcard, the font may be smaller than the fine print on a timeshare condo contract.

I’ll reserve judgement until we see it next week. But I still contend that if Americans want to be able to file their taxes on a postcard – with no fear that they might end up eventually having to send postcards home from federal prison for getting some indecipherable detail wrong – then the best thing to remove from the IRS form is the IRS part, by replacing the income tax with the Fair Tax.

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Charles Krauthammer RIP

By Mike Huckabee

News arrived Thursday afternoon that Pulitzer Prize-winning political commentator Charles Krauthammer has died of cancer at 68. His letter on June 8th announcing his imminent death will stand both as a testament to his own remarkable character and a moving example to us all of how to face the inevitable with grace and dignity. I extend prayers and deepest sympathy from my family and staff to the Krauthammer family.

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Survey says

By Mike Huckabee

Despite a virtually unprecedented onslaught of negative attacks – even for Trump critics! – the attempt to paint the Administration's border enforcement efforts as worse than the Holocaust doesn’t seem to be making as much of an impression on the general public as those behind them must’ve hoped (and if you think there was no concerted effort behind that sudden newfound media outrage over the treatment of children at the border, complete with horrifying photos actually taken when Obama was President, then please drop me a picture postcard from Fool’s Paradise.)

A new Rasmussen survey found that 54% of likely voters believe that parents are more to blame for the separation of families for willfully breaking US immigration laws, compared to 35% who blame the government for enforcing the laws. Breaking that down by party, 82% of Republicans and 56% of Independents put the responsibility on parents who tried to cross the border illegally with their children, while 60% of Democrats blame the government for enforcing the law. So as we learned from the Hillary Clinton investigation, many Democrats believe federal laws should be selectively enforced.

Overall, 49% think the Trump Administration is being too aggressive in dealing with border security, but about the same number think they’re handling it either just about right or not aggressively enough. And by 54-36%, voters agree with Trump when he says, “The United States will not be a migrant camp. And it will not be a refugee-holding facility.”

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South Dakota decision

By Mike Huckabee

Another Supreme Court decision was handed down Thursday, and as in many cases where judges get involved in tech issues, this one threatens to throw a big monkey wrench into a very complicated system.

On its face, the ruling in “South Dakota v. Wayfair” seems simple: In 1992, the SCOTUS ruled that retailers that had no physical presence in a state didn’t have to pay sales taxes there. But with the massive growth of online shopping, states have suffered a big drop in sales tax revenue. The new 5-4 decision overturns that 1992 ruling because Internet retailers no longer need protection to grow and states have a need to maintain tax revenues.

However, the South Dakota law has some restrictions, applying only to online retailers that do $100,000 or more worth of business or 200 transactions a year within the state. A SCOTUS decision applies nationwide, and 45 states currently impose completely different sales tax laws. Here are some of the objections to the ruling:

While it won’t affect major stores such as Amazon and WalMart that already have stores or warehouses in every state and collect sales taxes, it could harm boutique web companies and small independent businesses or individual sellers who make much of their money via the Internet by imposing an impossible burden of figuring out, filing and paying not only state but county and city taxes on every sale in virtually every state. It also opens the door to American companies having to comply with whatever tax and regulatory burdens are imposed by overseas organizations such as the EU. It makes retailers subject to taxation in places which they have no representation, one of the foundations of the American Revolution. And it will impose billions of dollars in new costs on consumers who do much of their shopping online.

In writing the decision, Justice Anthony Kennedy noted that there will be other legal issues not settled by this ruling, which is the understatement of the century. With Internet commerce driving more and more brick-and-mortar stores out of business and state tax revenues falling, there was bound to be a reckoning sooner or later. But after years of sluggish growth due to government hamstringing the economy, many Americans were hoping we would enjoy the benefits of a booming free market economy for just a little bit longer than one year before the government monkey wrenches started dropping again.

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Evening Edition - June 21

By Mike Huckabee

A wrap-up of all the news you might have missed yesterday!

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Daily Verse

"O Lord, thou art my God;

I will exalt thee, I will praise thy name;

for thou hast done wonderful things;

thy counsels of old

are faithfulness and truth."

 - Isaiah 25:1

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  • Gregory Weinman

    06/22/2018 03:45 PM

    As regards the New IRS 1040 Form:
    Think NOT 1040 but 1040A and 1040EZ. Well over 80% of tax filers will choose the new standard deduction instead of itemizing, including me. They could file a 1040EZ and I might. The only thing needed is to check the box letting the IRS figure your tax and to sign the form.
    I think that is postcard eligible, don't you?