Page 4 - Dwayne Crews News Today

Biden’s Carried Interest Tax Would Force All Partnerships to Carry Big Burden “The Biden administration and its allies excel at leveraging crises to expand government,” observes my CEI colleague Wayne Crews on the Biden “infrastructure” plan. The flipside of that is that the plan would also shrink investment and innovation in the private sector through its massive tax hikes. Much has been written about the corporate and capital gains tax rates outlined in the plan being the highest at...

A “storm” swept through the US government bond market on Friday, sending a key measure of long-term borrowing costs to the highest level since last February. Treasuries dropped in overnight trading after a large sale of long-dated bond futures in Asia, according to people familiar with the matter. Yields on the benchmark 10-year note, a key marker across global asset markets, jumped to 1.63 per cent, having traded around 1.53 per cent the day before. Analysts said the scale of the move unde...

The executive order for the regulatory budget was signed in 2017 and included a “one in, two out” rule for new regulations, meaning one must be repealed for every one passed. “The American Action Forum’s report also estimated that the Trump administration added an average of $10 billion annually in regulatory costs, compared with an annual average of $111 billion during President Obama’s eight years in office,” The Times reported. © press If Biden increases regulatory up to forme...

Like last year’s Congress, the new 116 th failed ignominiously to get Donald Trump convicted of their impeachment charge. Some federal court investigations into Trump’s businesses are still ongoing, but it’s likely, though not certain, that Trump will become less and less useful for distracting voters from the Democrats’ sharp turn to the left both on domestic and foreign policy. If the Dems fail to hold on to power as they did in 2016, history will have a lot of suspects to inv...

GOP Senators Ask Biden to Reconsider Canceling a Trump Regulatory Transparency Database Twenty-one Republican senators want President Joe Biden to reconsider revoking his predecessor’s executive order telling federal agencies to publish guidance on how they interpret and apply regulations. On his first day in the Oval Office, Biden revoked then-President Donald Trump’s Executive Order 13891 that required creation of a public database of agency guidance documents, based on a bill in Congress...

Wayne Crews joins Jim Blasingame to report on how the regulatory philosophy and policies impacted the economy under these three administrations. Will the Biden regulatory state channel the Obama-era state? Wayne Crews joins Jim Blasingame to report that we can anticipate much about the Biden regulatory state based on what we saw during the Obama era, including more unions, and more contract work restrictions. How will Section 230 – Big Tech’s free pass – work under the Harris/B...

Wroes a piece on forbes.com. this is threatening coming from a national government with lack of transparency and accountability. and wayne crews. wayne, thank you for joining us. >> and everybody hears about executive orders and there is a lot of different things. memos and directives that the president has been using? >> thats right. i looked at this last year and looked at the number of laws that congress passed was 72 and at the same time federal regulatory agencies put out throw 600 regulati...