A key part of the 2017 Trump tax cuts was the capping of deductions for state and local taxes (SALT) at $10,000. The large majority of taxpayers never need the $10,000, but wealthy taxpayers in high-tax states are pleading with Republicans to lift the cap and grant them relief.
Budget hawks in the GOP are firmly against it. Without those caps, at least $130 billion to $200 billion would be added to the budget if the cap were raised to $100,000 as the Democrats say is needed.
Even doubling the $10,000 deduction would add up to $32 billion to the budget.
Since 2017, property values have soared, especially in red states, meaning that many more people are now subject to the $10,000 cap. The time seems ripe to raise the cap, but how much is a matter of contention even among those who support raising the SALT cap.
Trump is open to the idea where previously he opposed raising the SALT cap. In a meeting with Republicans from high-tax states at Mar-a-Largo, the incoming president said he wants the party to negotiate a “fair number.” […]
— Read More: pjmedia.com
Independent Journalism Is Dying
Ever since President Trump’s miraculous victory, we’ve heard an incessant drumbeat about how legacy media is dying. This is true. The people have awakened to the reality that they’re being lied to by the self-proclaimed “Arbiters of Truth” for the sake of political expediency, corporate self-protection, and globalist ambitions.
But even as independent journalism rises to fill the void left by legacy media, there is still a huge challenge. Those at the top of independent media like Joe Rogan, Dan Bongino, and Tucker Carlson are thriving and rightly so. They have earned their audience and the financial rewards that come from it. They’ve taken risks and worked hard to get to where they are.
For “the rest of us,” legacy media and their proxies are making it exceptionally difficult to survive, let alone thrive. They still have a stranglehold over the “fact checkers” who have a dramatic impact on readership and viewership. YouTube, Facebook, and Google still stifle us. The freer speech platforms like Rumble and 𝕏 can only reward so many of their popular content creators. For independent journalists on the outside looking in, our only recourse is to rely on affiliates and sponsors.
But even as it seems nearly impossible to make a living, there are blessings that should not be disregarded. By highlighting strong sponsors who share our America First worldview, we have been able to make lifelong connections and even a bit of revenue to help us along. This is why we enjoy symbiotic relationships with companies like MyPillow, Jase Medical, and Promised Grounds. We help them with our recommendations and they reward us with money when our audience buys from them.
The same can be said about our preparedness sponsor, Prepper All-Naturals. Their long-term storage beef has a 25-year shelf life and is made with one ingredient: All-American Beef.
Even our faith-driven precious metals sponsor helps us tremendously while also helping Americans protect their life’s savings. We are blessed to work with them.
Independent media is the future. In many ways, that future is already here. While the phrase, “the more the merrier,” does not apply to this business because there are still some bad actors in the independent media field, there are many great ones that do not get nearly enough attention. We hope to change that one content creator at a time.
Thank you and God Bless,
JD Rucker
