{"id":2384803,"date":"2024-12-30T16:30:59","date_gmt":"2024-12-30T21:30:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/conservative-groups-ask-for-corporate-tax-cut-end-to-capital-gains-inflation-tax-washington-examiner\/"},"modified":"2024-12-30T16:33:13","modified_gmt":"2024-12-30T21:33:13","slug":"conservative-groups-ask-for-corporate-tax-cut-end-to-capital-gains-inflation-tax-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/conservative-groups-ask-for-corporate-tax-cut-end-to-capital-gains-inflation-tax-washington-examiner\/","title":{"rendered":"Conservative groups ask for corporate tax cut, end to capital gains inflation tax &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fconservative-groups-ask-for-corporate-tax-cut-end-to-capital-gains-inflation-tax-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2384803&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The provided text appears to include HTML and \u200dXML \u200ccode snippets related to\u200c a web page, particularly \u200cfocusing on mobile interface elements such as a menu button and a search\u2064 feature. The button labeled &#8220;Read\u200b more&#8230;&#8221; suggests there is additional\u2063 content that\u2062 can be revealed when clicked, although the actual content is not \u200bvisible in the snippet. The use of \u200dvarious class elements\u2063 indicates\u200b a structured layout designed for mobile\u200c users.\u200b the excerpt seems to be\u2063 part\u200c of a \u2062<a href=\"https:\/\/amzn.to\/3YuVZYV\">mobile-friendly website \u2062interface aimed<\/a> \u2064at \u2063enhancing user \u2063navigation\u2062 and \u200bsearch functionalities.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Conservative groups ask for corporate tax cut, end to capital gains inflation tax<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1924098\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>(The Center Square) &ndash; The CEO of Wisconsin&rsquo;s MacIver Institute and leaders from conservative groups across the country wrote to the chairman of the U.S. House Ways and Means Committee asking for an end to taxing capital gains inflation and to cut the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/prageru-nikki-haley-explains-why-capitalism-wins\/\" title=\"PragerU: Nikki Haley Explains Why \u2018Capitalism Wins\u2019\">corporate tax rate<\/a> to 15% or less.<\/p>\n<div class=\"article-paywall\">\n<p>The corporate tax letter asks for an extension of cuts that came with the Tax Cuts and Jobs Act of 2017.<\/p>\n<p>&ldquo;An ambitious corporate rate cut would fuel our struggling economy with a flood of capital into the United States, stop capital from leaving the United States, create a spike in job opportunities for all Americans, and generate economic growth across-the-board,&rdquo; the letter said.<\/p>\n<p>The inflation letter gave an example of an item bought for $100 now being taxed at $120 due to inflation, not an increase in the item&rsquo;s value.<\/p>\n<p>&ldquo;It is simply unfair for a taxpayer to have to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/harriss-capital-gains-plan-clashes-with-bidens-investment-income-proposal-washington-examiner\/\" title=\"Harris\u2019s capital gains plan clashes with Biden\u2019s investment income proposal - Washington Examiner\">pay capital gains tax<\/a> on inflation, since the taxpayer receives no actual increase in value or purchasing power due to inflation,&rdquo; the letter said. &ldquo;Quite the opposite. The taxpayer is already struggling to pay for everyday expenses, and then also has to pay capital gains tax on phantom gains. It is long past time for this injustice to be corrected.&rdquo;<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/strong><\/p>\n<p>The letters came from the Advancing American Freedom coalition including leaders from MacIver, Americans for Tax Reform, the American Securities Association, Americans for Prosperity, State Financial Officers Foundation, Taxpayers Protection Alliance, American Business Defense Foundation, Small Business &amp; Entrepreneurship Council, ForAmerica, Job Creators Network, Pelican Institute for Public Policy, RI Center for Freedom &amp; Prosperity, Rio Grande Foundation, Strategic Coalitions and Initiatives, Tradition, Family, Property, Inc, 60 Plus Association and American Association of Senior Citizens.<\/p>\n<p>It also includes leaders from NSIC Institute, American Commitment, The Heartland Institute, Heartland Impact, Missouri Center-Right Coalition, Tea Party Patriots Action, Center for a Free Economy, Center for Freedom and Prosperity, Center for Individual Freedom, Oregon Capitol Watch Foundation, Manuel H. Johnson Center for Public Affairs Political Economy, The Conservative Caucus, Orthodox Jewish Chamber Of Commerce and Less Government.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1924098\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1924098\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Conservative groups seek corporate tax cuts and end to capital gains inflation tax<\/p>\n","protected":false},"author":1,"featured_media":2384804,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/05\/iStock-1058269468-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[47620,4914,47621,47619,35107],"class_list":["post-2384803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-capitalgains","tag-conservative","tag-corporatetax","tag-taxcut","tag-washingtonexaminer"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/05\/iStock-1058269468-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2384803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2384803"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2384803\/revisions"}],"predecessor-version":[{"id":2384807,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2384803\/revisions\/2384807"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2384804"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2384803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2384803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2384803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}