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Posts Tagged ‘Steve Forbes’

Economist Kudlow says, “Trump…Ending War on Business,” Reactions, MH Industry Impact

October 9th, 2017 Comments off

LarryKudlowTrumpEndingWaronBusinessDailyBusinessNewsMHProNews438Tax and regulatory policy impacts the manufactured housing industry, much as it does other industries and parts of the economy.

The National Association of Manufacturers (NAM), and the National Federation of Independent Business (NFIB) are among those supporting tax reform, as the Daily Business News on MHProNews has previously reported.

So, it with interest that many industry professionals are following the tug-of-war in the nation’s capital over tax policy and proposed tax reform.

Kudlow On the Air

Larry Kudlow sounded off on the topic on Sunday, in a radio interview with John Catsimatidis on AM 970 in New York, per reports by a slew of media outlets.

Ending the War on Business

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Screen capture of some of the mainstream media coverage on this topic.

Donald Trump is, in fact, ending the war on business,” Kudlow said during the radio interview.

Trump is ending the punishment of investment. That’s what this tax bill is really about: The return on capital will go up after tax,” the Hill reported, adding that Kudlow said. “The cost of capital will go down after tax. And that will lead directly into new business projects, and more hires, and better wages and productivity. It doesn’t get any better than this.”

It echoes a refrain that Kudow has been sharing for months, as this recent interview on CNBC reflects.

Left Leaning Media Revolt, While Kudlow Wrote The Book

Left of center outlet, NYMag says of the economist, author and commentator that “Kudlow is a fanatical adherent of supply-side economics.”

The Huffington Post has snarked, Kudlow is best known for being wrong,” while Bloomberg has said,  “Kudlow Is a Troubling Economics Adviser for Trump.”

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But does history prove otherwise?

During the first term of the Reagan administration (1981–1985), Kudlow was associate director for economics and planning in the Office of Management and Budget (OMB), a part of the Executive Office of the President,” says Wikipedia.

Kudlow has literally written the book on how Democratic President John F. Kennedy, as well as GOP President Ronald Reagan both cut tax rates.  Each saw significant economic growth in their wake.

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Furthermore, while revenues to the federal government initially dropped, over time, they rose in both cases.

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Kudlow and business associations are far from alone in promoting tax reform.

Billionaire Steve Forbes has argued for tax reform and simplifying the code for years, see a recent report, linked here.

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Chart used by Steve Forbes, image credit, Prager U.

Forbes reminds his readers and listeners that properly done, tax reform is more than just money savings that frees capital to create more growth.  Forbes argues for tax reform to avoid the time lost in tax compliance.

White House Press Room to MHProNews

The White House press room sent a reminder to MHProNews about President Donald J. Trump’s op-ed in a Wisconsin newspaper that focused on tax reform.

In that presidential op-ed in the Milwaukee Journal Sentinel, he said the country’s “self-destructive tax code costs Americans millions of jobs, trillions of dollars and billions of hours spent on compliance and paperwork.”

That’s a point that mirrors Forbes’ observation, noted above.

To fix this, we have made the foundation of our job creation agenda fundamentally reforming our tax code for the first time in more than 30 years,” President Trump wrote in the op-ed.

I want to work with Congress on a plan that is pro-growth, pro-jobs, pro-worker and pro-American.”

The president has that his tax plan would “dramatically reduce” the “income taxes for American workers and families.”

While the White House and House speaker Paul Ryan are quoted by the Hill as saying they expect some bi-partisan support. But given the partisan trench warfare in Washington, D.C., that’s not yet a given.

Those who support tax reform should let their senators and congressional representative know. The links below can help you contact your elected officials by phone or message.

We Provide, You Decide.” © ## (News, analysis, commentary.)

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

Sunday Morning Weekly Recap Manufactured Housing Industry News July 9 to July 15, 2017

July 16th, 2017 Comments off

July 15th, 2017

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See the full, original story, by clicking the image above.

July 14th, 2017

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July 13th, 2017

 

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Rev. Donald Tye, Jr. Tye and his family have extensive experience with factory built homes, and they are pro-manufactured homes and the opportunities they provide to people from all backgrounds and income levels.

July 12th, 2017

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Credit, First State Manufactured Housing Association.

July 11th, 2017

 

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George and, Amal, Clooney, credit, Hello Magazine.

 

July 10th, 2017

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July 10th, 2017

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Bernie Sanders, Steve Forbes, Prager U – Tax Reform, Facts, Fiction, and Fake News

July 14th, 2017 Comments off
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Original images are by Prager U, and were reformatted as shown by MHProNews, under fair use guidelines.

If you listen to Senators Bernie Sanders, Elizabeth Warren, Secretary Hillary Clinton or her supporters – such as Warren Buffett – you’d think that the rich aren’t paying enough in taxes.  Their answer?

Raise them.

Tax the rich sounds easy, especially when there are fewer of them to vote against the tax hike.

On the other side are those who believe that “The power to tax is the power to destroy,” as Supreme Court Justice John Marshall famously said.

Raise taxes too much, and capital flees.  The evidence?

Just look at the trillions parked overseas by big U.S. companies, say tax reform proponents, and you’ll see their point.

In fact, Sanders – who famously honeymooned in the Soviet Union – should realize that those socialistic programs ultimately fail.  A look at a satellite photo of Florida and Cuba, or North and South Korea, makes those points.

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George Mason University study revealed that the cost of compliance and economic costs of the current tax system total hundreds of billions of dollars – every year. Forbes argues for tax reform to change a system that favors the rich, who alone can navigate a 10,000,000 word tax code. Image credit, still from a video posted on this page. Image credit, Prager U.

Resource rich Venezuela, after a decade of socialist leadership, is teetering on the edge of political and economic chaos.  That, say pro-free market, limited-government believers, is a current example of what America faces if changes aren’t made under the Trump Administration.

SouthFloridaCubaNorthSouthKoreaSatelliteNightSocialismFreeMarketsManufacutredHousingIndustryDailyBusinessNewsMHProNewsLess than two weeks ago, Millennial Julia Granowicz wrote a foundation commentary that set the stage to examine economic freedom, taxation, and other issues, and how they impact American businesses – including, of course – manufactured housing.

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http://www.MHProNews.com/blogs/daily-business-news/economic-freedom-millennial-considers-founders-through-lens-of-ron-paul-walter-williams-milton-freidman/

Yesterday, the Daily Business News reported on concerns that Congressman Louie Gohmert (R-TX) expressed that forces on the left, and also from ‘the right’ – the GOP – were threating tax reform.

Prior GOP candidate for president, publisher and billionaire Steve Forbes has sounded the warning on taxes this week too.


In the two videos on this page, one tees up his general thinking on where tax reform should ultimately head, and why.

Forbes promotes the flat tax as the fairest, most pro-business, pro-jobs, pro-growth way to drain the swamp, even before that term was coined or mentioned.


The second video with Forbes expresses his concerns about tax reform.

For fair and balance, we share the video with Bernie Sanders, who lays out his vision.

Compare, Think

We Provide, You Decide.” © See which vision makes the most sense in the real world.  Ask yourself, why would so many billionaires say they support tax hikes, and then watch as they shift their wealth to foreign countries with lower taxes?

Why do so many of the ultra-rich – like Facebook’s founder – and soon to me factory built housing entry? – Mark Zuckerberg – promote “universal income,” and then use tax loopholes to minimize his own taxes and maximize his own power and wealth?

RC Williams, Daily Business News MHProNews

RC Willaims.

RC Williams called that “The Evolution of Poverty Pimping.”

http://www.MHProNews.com/blogs/daily-business-news/universal-basic-income-the-evolution-of-poverty-pimping/

There is fake news in manufactured housing, and fake news about manufactured housing, reported RC Williams.

The taxation issue is one that it is time to dig into and deeply understand.

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North Carolina manufactured home, credit, Zillow. To see that report, which step by step documents how that fake news attack on manufactured housing was done, click the picture above.

MHProNews will be bringing you periodic stories as part of the effort to get to the root causes of what is holding back not only our industry, but also the majority of Americans.  Buckle your seat belts, and hang on for the ride. ## (News, analysis, commentary.)

ICYMI – Buffett focused part of Berkshire Hathaway’s annual meeting, is linked here.

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.