Category: Taxes

Club for Growth Applauds House Passage of Tax Cuts 2.0

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Today, Club for Growth President David McIntosh issued the following statement in reaction to the House of Representatives passing three pieces of legislation (H.R. 6760, the Protecting Family and Small Business Tax Cuts Act, H.R. 6757, the Family Savings Act, and H.R. 6756, the American Innovation Act) known colloquially as Tax Cuts 2.0: “Club for […]

Tax Reform 2.0 and the Path to GOP Victory in 2018

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All the negative media drumbeat is taking its toll. The Club for Growth recently conducted a poll of 40 swing House districts. Unfortunately, the poll shows that Republicans are 12 percent less interested in voting than Democrats in these critical swing races. Democrats are simply more engaged and enthusiastic about the November elections. This is […]

Indexing Capital Gains to Inflation: A Matter of Fairness

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The Club for Growth applauds Secretary of the Treasury Mnuchin for his recent statements regarding the indexing of capital gains to inflation. There is a current gross  injustice  that is currently included in the computation of capital gains. As an example, if someone saving for retirement purchased an S&P index fund for $1000 in 1998 and […]

CFG President David McIntosh talks Tariffs and Tax Reform on CNBC’s Power Hour

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Club for Growth President David McIntosh appeared on CNBC’s Power Hour to discuss the negative impact tariffs have had on the economy and the dangers of President Trump continuing a trade war with China. He also discussed his excitement about some upcoming provisions in Tax Reform 2.0 that will provide for sustained and improved economic […]

Conservative Coalition Urges Support for Scalise/McKinley Anti-Carbon Tax Resolution

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41 Conservative Groups Urge Support for Scalise/McKinley Anti-Carbon Tax Resolution   July 17, 2018 Dear Members of Congress: The undersigned organizations urge you to vote for H.Con.Res 119, introduced by Majority Whip Steve Scalise (R-La.) and Congressman David McKinley (R-W.V.), which expresses the sense of the Congress that a carbon tax would be detrimental to […]

Rep. Ted Budd (@RepTedBudd) on how tax reform is helping in NC-13

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Another successful tax reform story from Environmental Air Solutions in High Point and Guilford County. Because of tax reform, EAS decided to buy their building instead of lease. They’ve also hired more than 300 new employees this year alone and are still hiring. pic.twitter.com/1p0anQ7EID — Ted Budd (@RepTedBudd) June 29, 2018

Conservative Coalition Against Gas Tax Hike

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February 12, 2018 Dear Representative: On behalf of our organizations and the millions of Americans we represent across all 50 states, we write to express our opposition to raising the federal gas tax. Federal policy should concentrate first on the many impediments to a more efficient, effective, and user-accountable transportation network. Raising the gas tax […]

Club for Growth Leads Coalition Urging Trump to End Taxation of “Phantom Income” Through Executive Order

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Washington, DC – Today, ahead of President Trump’s first State of the Union address, Club for Growth along with nearly 30 other conservative groups sent a letter to President Trump and Treasury Secretary Steve Mnuchin asking that they issue an executive order that would index capital gains to inflation so that taxpayers are no longer […]

Heading into 2018…

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Only a few days into 2018 and we’re already off to a roaring start.  This week the Dow reached and surpassed the historic mark of 25,000, but that’s only the beginning of good financial news.  The S&P 500 and Nasdaq also reached record highs. Below we’ve compiled several highlights that demonstrate just how solid the […]

Club for Growth Sends Letter to Tax Conferees

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Washington, DC – Today, Club for Growth President David McIntosh sent a letter to Majority Leader McConnell, House Speaker Ryan, and members of the tax conference committee.  An excerpt of the letter is below.  The letter can be read in its entirety here.   “As conference discussions begin, Club for Growth wants to ensure that […]