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Carried Interest: Let’s Preserve at Least Some of the Pro-Growth in the Tax Plan

Seton Motley | Less Government | LessGovernment.org

Let’s Treat It Like
We Know We Need It –
Which We Desperately Do

The old saw is: A fool and his money are soon parted.

Except when it comes to the government and its tax code. Then – its the smart people that get royally job-ed.

The Left is so eminently interested in everything being “fair.” Which is why they are mostly responsible for a current tax code – that takes nearly half of all federal income tax coin…from just 1% of the nation’s population.

1% of the population paying half of all income taxes is a “fair share” – in Bizarro World. The math doesn’t work here in Reality.

Another aspect of the Left’s War on Success – is their loathing of the way we currently tax carried interest. Shocker – the Left wants to raise the rates.

Which is a titanically stupid thing to do – if you want our nation to maintain any modicum of success. Which of course the Left does not.

What is carried interest?: More

Government ‘Business’ Endeavors Are Always Awful

Seton Motley | Less Government | LessGovernment.org

On the Cutting Edge –
And It’s Us They’re Cutting

The old saw is “Those who can do – those who can teach.”

Meaning if you’re good at something – you do that something. And if you aren’t good at anything – you teach.

Which helps explain our ridiculously awful government primary and secondary schools – and our ridiculously awful colleges and universities.

We need a government permutation: “Those who can do – those who can’t regulate those who can.”

Meaning if you’re good at private sector things – you do private sector things. And if you aren’t good at private sector things – you go into government.

(And since government runs most primary and secondary schools – and funds many colleges and universities – the crossover nature of our two axioms is quite obvious.) More

Because Congress Has Accomplished So Much: A Mixed Martial Arts Hearing

Seton Motley | Less Government | LessGovernment.org

Yet Another Fabulously-Attended-by-Congressmen Congressional Hearing

Presidential candidate Donald Trump ran for two years on several key legislative components. The big three were Obamacare repeal, tax-cuts-and-code-reform and a monstrous, massive infrastructure bill.

Full disclosure: I think the latter idea – is absolutely terrible. The states with the roads in them – should themselves take care of the roads in them. I-95 runs north-south Maine-Florida. Why should citizens in the likes of Kansas and Alaska pay for any of it? This states-level approach – leaves The Feds spending zero dollars on infrastructure.

Congress’ majority Republicans had themselves for years and years championed Obamacare repeal. And for decades and decades championed tax-cuts-and-code-reform. And they have always been huge fans of spending hundreds of billions of dollars on infrastructure.

So all of these Trump agenda items – were right up their alley. More

Uber-Left Amazon Set to Get Uber-Cronyism – From Republicans

Seton Motley | Less Government | LessGovernment.org

Our New Republican-Created, Government-Purchase Monopoly Robber Baron…?

We spent nigh the duration of the very awful Barack Obama Administration chronicling in-depth the in-depth cronyism they serially, unilaterally shoveled at the Silicon Valley.

That rampant corruption – was a primary reason the Donald Trump Administration was chosen to succeed the Barack Obama Administration. The Trump Administration – has set about undoing much of the Obama Administration’s Silicon Valley cronyism.

But as we’ve so often noted: Trump’s biggest mistake upon arriving in DC – was not making many, MANY more people leave DC. There are many Swamp Creature-holdover holes still to fill in the Executive Branch – which the Valley continues to exploit.

The Valley has also upped their efforts with the Legislative Branch. Most unfortunately, that Republican-led body is weak in (oh-so-many) spots – and amenable to the Valley’s crony overtures.

Monster online retailer (and increasingly just about everything else) Amazon (market cap: $540 billion) – is on the verge of striking huge crony gold.  More

There Are Some Things the Federal Government is Actually Supposed to Do

Seton Motley | Less Government | LessGovernment.org

From the Constitution –
In Case You’re From a Government and Weren’t Sure

Governments throughout the nation produce tens of millions of pages of paper a year. They are parchment Pez dispensers. That sound you constantly hear is millions of trees crying out in terror – and then being suddenly silenced.

Way too many of these pages – are these governments mandating and/or banning things. Way too often, the federal government is mandating and banning things the states are supposed to be mandating or banning – and vice versa.

I kid – there is WAY too much mandating and banning going on. But what is serious – is the proper delineation of the various governments’ roles.

One piece of paper that gets way too little attention from governments everywhere – is the Constitution. Our Founding Fathers laid out a specific, delineated and delimited role for the federal government. Then: “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” More

Yet Another Reason Government Shouldn’t Be Involved in Energy

Seton Motley | Less Government | LessGovernment.org

Because…Humans. And Humans’ Nature

There are lots and LOTS of reasons government shouldn’t choose which energy sources We the People use.

Begin with – the marketplace is far and away the best decider. Of any and everything – always and forever.

Items like oil and coal didn’t instantaneously become hugely popular because of government mandates. They became hugely popular – because they produce massive amounts of energy per dollar spent.

Items like oil and coil have remained hugely popular – because they still produce massive amounts of energy per dollar spent. More

Steyer-Money Environmentalists Confuse Vancouvers

Seton Motley | Less Government | LessGovernment.org

Ummm…Wrong Country

When Leftists REALLY want to “make a difference” – but they’re confused as to where they wish to do so.

 

Leftists are…a bit challenged when it comes to facts and details. Which makes their extreme passion about their ideology – and insistently imposing it upon all of us – at once amusing…and dangerous.

One of the Leftists’ MANY shortcomings – is geography. Far too frequently, they simply do not know where there are. Or they aren’t where they think they are. Or they don’t know where they are supposed to be. To wit:

Oops: Chicago Occupiers Try to Protest Rush Limbaugh’s ‘Office’…but Get City Wrong:

“A crowd of Occupy (Wall Street) protesters in Chicago (Illinois) descended on Rush Limbaugh’s ‘office’ Thursday to air their grievances about the conservative radio host.

“The problem? Despite their references to ‘Rush’s office building’ and ‘Rush Limbaugh’s studio,’ they weren’t in the right place – not by more than 1,000 miles.”

Limbaugh broadcasts…out of south Florida.

Also, Leftists apparently don’t understand the concept of radio syndication. More

Credit Due: To Congress and the President for De-Litigating Financial Contracts

Seton Motley | Less Government | LessGovernment.org

Indeed We Should

One of the very many problems in the festering Swamp that is Washington, D.C. – is the inert posture most of its denizens so often strike. Too many pose and preen – but never actually do anything.

Which we rightly, roundly, routinely criticize.

So when DC does something well and good – we are obliged to call attention to and praise it, and them.

One of those magical moments just transpired. The good DC did – was to undo another of the very many problems in the festering Swamp that is DC.

Some of the so rampant awfulness an unelected, unaccountable bureaucracy unilaterally, so incessantly foists upon us.

As those of us who didn’t succumb to government schools know, the way DC is supposed to work is – the Legislative Branch legislates, then the Executive Branch executes. If the first thing doesn’t happen – the second thing isn’t supposed to either.

WAY too often, the Executive Branch does all sorts of things the Legislative Branch never granted it legislative permission to do. It’s been going on for decades – and the Barack Obama Administration raised it to a heinous art form. More

Senator Toomey on Steel – Was Trump Before Trump. Why Not for Other Industries?

Seton Motley | Less Government | LessGovernment.org

Want Some Candy?

Pennsylvania Republican Senator Pat Toomey is an America First bull when it comes to protecting from ridiculous international actors and actions the United States steel industry. And has been for decades.

And no wonder. Steel is a bit of a thing in Pennsylvania. There’s even an NFL team named after the industry’s employees. And lots of his constituents do indeed work in the industry.

But many, many more used to do so. Ridiculous international actors and actions have undercut Toomey’s state’s steel – so Toomey has long gone to bat for it and them. And God bless him – he was and is exactly right to do so.

Because if other steel-producing nations are blocking our steel, subsidizing theirs and flooding our market – that trade has absolutely nothing to do with actual free trade.

Why, then, isn’t Toomey capable of seeing the exact same international inanities doing damage to other U.S. industries? More

Obama’s Anti-American, Anti-IP Global Avalanche Is Finally Opposed…Elsewhere

Seton Motley | Less Government | LessGovernment.org

Sadly, Obama Also Exported This

The Barack Obama Administration was seriously anti-American. I do not say this lightly.

Evidence is coming to light all over the world that the Administration routinely, actively worked against American interests – seemingly everywhere any American was interested.

We last week chronicled how Todd Robinson – the Administration’s Ambassador to Guatemala – worked with Guatemalan environmentalist radical groups to coach them to sue an American company that had invested $1 billion in a Guatemalan silver mine.

The Administration’s Ambassador then pressured the Guatemalan government to appoint radical Left judges – who then presided over the cases the Administration’s Ambassador had coached the local environmental radical groups to file.

Not exactly an America First approach, is it?

Some of the Administration’s anti-American foreign work – began at home. And in our next particular instance – very late in the Administration game: More