Thune Questions Lew on Yet Another Obama Death Tax Proposal that Could Devastate South Dakota Family Farms “…most farms…would not have the liquid assets to deal with that large of a tax bill, meaning the only way they would be able to pay Uncle Sam would be to break up the family farm and sell […]
I wonder if the Democrats run Jay Williams because they know I’m going to have fun with it? Well, after running for State Senate in 2020, and before, Jay Williams has filed petitions today to run for District 18 House. “Laissez les bons temps rouler!” Let the good times roll!
Why Is Death Still a Taxable Event? By Sen. John Thune Benjamin Franklin was on to something when he said the only certainties in life are death and taxes. He clearly didn’t live in South Dakota, otherwise “winter” surely would have made his list, too. But he was right. Death and taxes are inevitable, and […]
President Reagan once quipped that, “Democrats believe every day is April 15,” and the Biden administration’s reckless tax-and-spend agenda proves that the Gipper’s words still ring true today. After two years of adding trillions to the debt, fueling a multi-year inflation crisis, and increasing taxes by hundreds of billions of dollars, the president recently proposed […]
Thune, Daines, McConnell, Crapo Lead Entire Senate Republican Caucus in Urging Biden Administration to Drop Step-Up In Basis Tax-Hike Proposal WASHINGTON — U.S. Sens. John Thune (R-S.D.), Steve Daines (R-Mont.), and Mike Crapo (R-Idaho), members of the tax-writing Senate Finance Committee, and Mitch McConnell (R-Ky.) today led the entire Senate Republican caucus in urging President […]
A Taxpayer-Funded Liberal Wish List By Sen. John Thune While Democrats have tried to sell their recently signed $1.9 trillion spending legislation as a COVID relief bill, the truth is it isn’t one. Just 1 percent of this bill actually goes to our top COVID priority – vaccinations – and less than 10 percent of […]
Tax Reform Continues to Benefit American Families and Businesses One Year Later By U.S. Sen. Mike Rounds (R-S.D.) Since the Tax Cuts and Jobs Act was signed into law almost one year ago, more than 2 million jobs have been created, unemployment is at the lowest level since 1969, incomes continue to rise and our […]
While everyone has been distracted this week by Democrats finding out they screwed up their convention reporting, invalidating the results of the first one, and forcing them to hold another one, their platform was quietly released. And now we know why it was done in silence. Because there are some points in there that are […]
From my Mailbox, an update on the forum recently held in Rapid City by Americans for Prosperity: South Dakota’s Rep. Kristi Noem joined Americans for Prosperity to share her work in Washington on tax reform. Rep. Noem faced the absurdity of burdensome tax policy when her family was left to pay a “death tax” after […]
Noem Highlights Tax Reform Benefits to Small Business in Rapid City Rapid City, S.D. – In her first stop on the Tax Cuts and Jobs Tour, Rep. Kristi Noem dropped into Black Hills Bagels in Rapid City to discuss changes to the tax code that are intended to help small businesses keep money locally. South […]