The Lies Are Getting Out of Hand. This Tax Bill is Great for California.

House Speaker Paul Ryan of Wis., joined by House Republicans, speaks to the media following a vote on tax reform, Thursday, Nov. 16, 2017, on Capitol Hill in Washington. By KEVIN MCCARTHY, ED ROYCE, MIMI WALTERS, TOM MCCLINTOCK and STEVE KNIGHT | Orange County Register PUBLISHED: January 20, 2018 at 8:00 pm | UPDATED: January 22, 2018 at 4:52 pm Reading the news and watching television, one gets the impression that our Tax Cuts and Jobs Act is stealing from the poor to feed the rich, all while pushing old, sick grandma off a cliff. House Minority Leader Nancy Pelosi — fearing the new year is the beginning of the end times — even called the bill “Armageddon” and the “end of the world.” If these attacks don’t strike you as at least slightly bizarre, then consider this a trigger warning: the truth below might not be the cup of Kool-Aid you’re used to. Let’s get some things straight. A family of four in California earning $60,000 or less a year will pay no federal income taxes. That same family earning $90,000 will see their federal income taxes fall by 22 percent, a tax cut of over $1,000. In our districts the median family of four will see a tax cut of up to $2,500 and the average single individual will see a tax cut of $1,400 to $1,900. But California is an expensive place, especially in our cities, which is why a family of four earning $200,000 will see a tax cut of over $1,500. If you notice a trend, you’re right. Just about everybody is getting a tax cut — single or married, kids or no kids, rich or poor. Not only that, but businesses across the country are giving bonuses and increasing retirement funding for their employees while utility companies throughout the U.S. are lowering rates for their customers. The news gets better. Our legislation cuts the small business tax rate to the lowest it’s been since the 1930s while reducing the corporate tax rate to 21 percent, below the international average of 22 percent. That incentivizes people to start businesses in America, move businesses to America, and hire Americans. We need those businesses. California’s unemployment rate is 4.9 percent, above the national average of 4.1 percent. Meanwhile, our labor force participation rate is 62.5 percent, far below rates before the recession. According to a report by Measure of America accounting for everything from median earnings to standard of living, California is the single most unequal state in the country. Facing an overwhelming tax burden, companies like Toyota and Carl’s Jr. have already fled California. Simultaneously, record numbers of Californians are moving to low tax states like Texas. The people of California can’t afford high state taxes that shut out businesses, destroy jobs, and deprive Californians of much-needed income. Despite this, Gov. Brown and Sacramento Democrats just increased California’s gas tax again — a move that hits the poor the hardest — even while falsely accusing our tax plan of raising taxes. Unfortunately, the disinformation campaign of hypocritical Democrat leaders and much of the media is sowing fear in the same people the Tax Cuts and Jobs Act is going to help. The left-leaning Tax Policy Center conservatively estimates that 80.4 percent of Americans would get a tax cut in 2018, seeing an average of $2,140 more in their paychecks. Even so, only around a quarter of Americans think their taxes will go down while around 50 percent think they will go up. The only explanation for this disconnect between perception and reality is the astounding degree of dishonesty from the bill’s detractors. So let’s refute some of the most common critiques. Folks are worried that by limiting the state and local tax and home-mortgage deductions, Californians will pay more. Our legislation keeps the SALT deduction for up to $10,000 and the home-mortgage interest deduction up to $750,000 in loan value for new mortgages, and every time we limited or eliminated deductions or loopholes, we directed those savings to taxpayers. That’s why even with changes to these deductions, the average tax cut in California is over $2,000. Critics also portray the elimination of Obamacare’s individual mandate as taking health care away from the American people. However, if people don’t buy bad insurance when the government stops forcing them to buy it, they haven’t lost insurance; they’ve regained freedom. Finally, this bill is attacked as a tax cut for the rich at the expense of the poor. We do cut taxes at every single income level — for high-earners as well as everyone else. But this attack preys on resentment the American people don’t have. We don’t begrudge others getting a tax cut that we get too because we know we can all rise together. As this tax plan is implemented, working Americans should ignore the spin, check their paychecks, and see that they keep more of their money, businesses and jobs coming back, and American workers are getting a raise. No matter what the prophets of apocalypse say, the world isn’t ending. Federal taxes are going down because of the Tax Cuts and Jobs Act, and especially if Sacramento follows suit and reduces state taxes, Californians can look forward to better days ahead.  

Congressman Darrell Issa Will Not Seek Re-election

A Statement from Congressman Darrell Issa Press Release Jan 10, 2018 This morning, Congressman Darrell Issa (R-Vista) released the following statement:"Two decades ago, when I stepped away from the business I'd built to enter public service, I never could have imagined that a long-shot bid for U.S. Senate would lead to 18 years in the House of Representatives and endless opportunities to make a meaningful impact.From the first successful recall of a sitting Governor in California history, to establishing new and stronger standards for government accountability, to protecting the Internet from harmful regulation, and enacting the nation's first open data standards, we attempted and achieved much in the service of our nation.Together, we put an end to abusive Congressional earmarks, strengthened the Violence Against Women Act, empowered better oversight of the executive branch, and cleared the course for better intellectual property protections to stop the piracy of American ingenuity.Throughout my service, I worked hard and never lost sight of the people our government is supposed to serve.  Yet with the support of my family, I have decided that I will not seek re-election in California's 49th District.I am forever grateful to the people of San Diego, Orange and Riverside counties for their support and affording me the honor of serving them all these years. Most humbling for me -- and for anyone who represents this area -- has been the special privilege of representing the Marines and Sailors of Camp Pendleton and their families. On countless occasions, and in every corner of the world I met them, I was inspired by their bravery and humbled by their sacrifice to keep us all safe from harm.Representing you has been the privilege of a lifetime.While my service to California's 49th District will be coming to an end, I will continue advocating on behalf of the causes that are most important to me, advancing public policy where I believe I can make a true and lasting difference, and continuing the fight to make our incredible nation an even better place to call home."

Congressman Ed Royce Retires

Chairman Ed Royce Statement Press Release 01.08.18 Media Contact 202-225-5021 Washington, D.C. – House Foreign Affairs Committee Chairman Ed Royce (R-CA) issued the following statement: “It’s truly an honor to represent the people of California’s 39th Congressional District. Every day, it’s my mission to fight for freedom, opportunity and a limited government. In recent years, we’ve made a real difference. From Sacramento to Washington, we’ve enacted critical reforms to combat the modern day slavery of human trafficking. We’ve achieved commonsense tax and regulatory reforms to help small businesses and middle class families realize their American dream. And with great persistence, we’ve helped shut down the global ivory trade to save the world’s most majestic animals and deny vital funding to terrorist groups and criminal networks. “In this final year of my Foreign Affairs Committee chairmanship, I want to focus fully on the urgent threats facing our nation, including: the brutal, corrupt and dangerous regimes in Pyongyang and Tehran, Vladimir Putin’s continued efforts to weaponize information to fracture western democracies, and growing terrorist threats in Africa and Central Asia. With this in mind, and with the support of my wife Marie, I have decided not to seek reelection in November. “I want to extend my deepest appreciation to the people of the 39th District for entrusting me with the responsibility to represent them. Our district is blessed to be diverse, and I’ve been successful in part because of my great staff and the relationships we’ve built with families, businesses and leaders in each of our communities. We’ve personally helped countless Southern Californians. “Orange County will always be home to Marie and me, and we look forward to being with all our friends at Lunar New Years, Korean American Days, Fourth of Julys and many other community events for years to come.” ###