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Cut, Don’t Reform, Taxes

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Many Americans who have wrestled with a 1040 form, or who have paid someone to prepare their taxes, no doubt cheered the news that Congress will soon resume working on tax reform. However taxpayers should temper their enthusiasm because, even in the unlikely event tax collection is simplified, tax reform will not reduce the American people’s tax burden.

Congressional leadership’s one nonnegotiable requirement of any tax reform is “revenue neutrality.” So any tax reform plan that has any chance of even being considered, much less passed, by Congress must ensure that the federal government does not lose a nickel in tax revenue. Congress’s obsession with protecting the government’s coffers causes reformers to mix tax cuts with tax increases. Congress’s insistence on “offsetting” tax cuts with tax increases creates a political food fight where politicians face off over who should have their taxes raised, who should have their taxes cut, and who should have their taxes stay the same.
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A Better Solution Than Trump’s Border Wall

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Just one week in office, President Trump is already following through on his pledge to address illegal immigration. His January 25th executive order called for the construction of a wall along the entire length of the US-Mexico border. While he is right to focus on the issue, there are several reasons why his proposed solution will unfortunately not lead us anywhere closer to solving the problem.

First, the wall will not work. Texas already started building a border fence about ten years ago. It divided people from their own property across the border, it deprived people of their land through the use of eminent domain, and in the end the problem of drug and human smuggling was not solved.
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Trump’s Foreign Policy: An Unwise Inconsistency?

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Throughout the presidential campaign, Donald Trump’s foreign policy positions have been anything but consistent. One day we heard that NATO was obsolete and the US needs to pursue better relations with Russia. But the next time he spoke, these sensible positions were abandoned or an opposite position was taken. Trump’s inconsistent rhetoric left us wondering exactly what kind of foreign policy he would pursue if elected.

The President’s inaugural speech was no different. On the one hand it was very encouraging when he said that under his Administration the US would “seek friendship and goodwill with the nations of the world,” and that he understands the “right of all nations to put their own interests first.” He sounded even better when he said that under Trump the US would “not seek to impose our way of life on anyone, but rather to let it shine as an example. We will shine for everyone to follow.” That truly would be a first step toward peace and prosperity.
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Will Trump Continue the Bush-Obama Legacy?

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This week, Congress passed a budget calling for increasing federal spending and adding $1.7 trillion to the national debt over the next ten years. Most so-called “fiscal conservatives" voted for this big-spending budget because it allows Congress to repeal some parts of Obamacare via “reconciliation." As important as it is to repeal Obamacare, it does not justify increasing spending and debt.

It is disappointing, but not surprising, that the Obamacare repeal would be used to justify increasing spending. Despite sequestration’s minor (and largely phony) spending cuts, federal spending has increased every year since Republicans took control of the House of Representatives. Some will attribute this to the fact that the Republican House had to negotiate with a big-spending Democratic president — even though federal spending actually increased by a greater percentage the last time Republicans controlled the White House and Congress than it did under President Obama.
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Will Obama’s ‘Good War’ in Afghanistan Continue?

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Last week, as the mainstream media continued to obsess over the CIA’s evidence-free claim that the Russians hacked the presidential election, President Obama quietly sent 300 US Marines back into Afghanistan’s Helmand Province. This is the first time in three years that the US military has been sent into that conflict zone, and it represents a final failure of Obama’s Afghanistan policy. The outgoing president promised that by the end of his second term, the US military would only be present in small numbers and only on embassy duty. But more than 8,000 US troops will remain in Afghanistan as he leaves office.

When President Obama was first elected he swore that he would end the US presence in Iraq (the “bad” war) and increase US presence in Afghanistan (the “good” war). He ended up increasing troops to both wars, while the situation in each country continued to deteriorate.
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Good News: Washington Frozen Out of Syria Peace Plan

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As the US mainstream media obsessed last week about Russia's supposed “hacking” of the US elections and President Obama’s final round of Russia sanctions in response, something very important was taking place under the media radar. As a result of a meeting between foreign ministers of Russia, Iran, and Turkey last month, a ceasefire in Syria has been worked out and is being implemented. So far it appears to be holding, and after nearly six years of horrible warfare the people of Syria are finally facing the possibility of rebuilding their lives.

What is so important about this particular ceasefire? It was planned, agreed to, and implemented without the participation of the United States Government.
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Does the Cause of Peace Have a Future?

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The full wrath of the Beltway neocons is about to hit my Institute for Peace and Prosperity. 

Congress snuck language into this year's Defense Authorization Bill that enables President Obama (or a future president) to crack down on critics of Washington's disastrous foreign policy. 

All they have to do is claim an organization pushes "foreign propaganda" and a new task force including the State Department, Pentagon, the CIA, and other federal agencies will move to shut it down. Do they need proof? Evidence? No! 

Just last month the Washington Post put out a blacklist of 200 websites, including major outlets like the Drudge Report, LewRockwell.com, ZeroHedge...and my Institute for Peace and Prosperity!
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New Year’s Resolutions for Donald Trump and Congress

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In the spirit of New Year’s, here are four resolutions for President-elect Trump and Congress that will enable them to really make America great again:

1) Audit the Fed….and then end it: The Federal Reserve Bank's easy money policies have eroded the American people’s standard of living and facilitated the growth of the welfare-warfare state. The Fed is also responsible for the growth in income inequality. Yet Congress still refuses to pass Audit the Fed, much less end it.

During the campaign, then-candidate Donald Trump promised that Audit the Fed would be part of his first 100 days agenda. Unfortunately, he has not spoken of auditing the Fed or another aspect of monetary policy since the election. President-elect Trump should keep his promise and work with Congress to pass Audit the Fed and finally let the American people know the truth about the Fed’s conduct of monetary policy. Then, of course, end the Fed.
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After Aleppo: We Need a New Syria Policy

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Over the past week, eastern Aleppo was completely brought back under control of the Syrian government. The population began to return to its homes, many of which were abandoned when al-Qaeda-linked rebels took over in 2012. As far as I know, the western mainstream media did not have a single reporter on the ground in Aleppo, but relied on “activists” to inform us that the Syrian army was massacring the civilian population. It hardly makes sense for an army to fight and defeat armed rebels just so it can go in and murder unarmed civilians, but then again not much mainstream reporting on the tragedy in Syria has made sense.

I spoke to one western journalist last week who actually did report from Aleppo and she painted a very different picture of what was going on there. She conducted video interviews with dozens of local residents and they told of being held hostage and starved by the “rebels,” many of whom were using US-supplied weapons supposed to go to “moderates.”
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Ron Paul: What's Missing From The Russian Hack Argument?

Without any proof or evidence being presented that Russia interfered with our election, we're just seeing political grandstanding at this point by both President Obama and Secretary Clinton. Have you noticed that there's never any mention or concern about Secretary Clinton having a private server in her home? If anything, that server would have made it much easier for Russia (or anyone else) to know what was going on with our government. I  discuss this, our CIA's shenanigans, and much more below...
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