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Taxes Videos - Biden Admin Celebrates 40-Year High Inflation: In the Tank podcast, ep363

Biden Admin Celebrates 40-Year High Inflation: In the Tank podcast, ep363
1:30:15
September 15, 2022
The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 363 of the In The Tank Podcast. Despite continued high inflation numbers, stock market drops, and a shaky housing market, the Biden Administration thought is was a good time to celebrate the passage of the Inflation Reduction Act. Also, major credit card companies have taken action that will essentially create a national gun registry. PRIMARY TOPIC – BIDEN ADMINISTRATION CELEBRATES 40-YEAR HIGH INFLATION The Federalist - The Biden Administration Isn’t Interested In Governing But In Criminalizing The Opposition https://thefederalist.com/2022/09/14/the-biden-administration-isnt-interested-in-governing-but-in-criminalizing-the-opposition/ NYP - White House throws ‘inflation reduction’ party with James Taylor as stocks crash over dismal 8.3% rate https://nypost.com/2022/09/13/gop-slams-biden-for-out-of-touch-inflation-celebration/ Washington Post - ‘This is your victory,’ Biden celebrates Inflation Reduction Act https://www.washingtonpost.com/politics/2022/09/13/biden-inflation-reduction-act/ AP News - Driven by consumers, US inflation grows more persistent https://apnews.com/article/inflation-economy-prices-881c8411bad80180f025e138f0bd444e CNN - The Fed could crash the housing market https://www.cnn.com/2022/09/14/investing/premarket-stocks-trading/index.html NPR - Inflation is crushing rural America and may even drive people to the cities https://www.npr.org/2022/07/25/1112915507/inflation-rural-america-gas-prices-economy US JEC - State Inflation Tracker: July 2022 https://www.jec.senate.gov/public/index.cfm/republicans/2022/8/state-inflation-tracker-july-2022 SECONDARY TOPIC – MAJOR CREDIT CARDS CREATING A GUN REGISTRY The Federalist - Credit Card Giants Conspire With Democrats To Monitor Consumer Gun Purchases https://thefederalist.com/2022/09/12/credit-card-giants-conspire-with-democrats-to-monitor-consumer-gun-purchases/ Axios - Credit card companies to track gun store purchases https://www.axios.com/2022/09/12/gun-stores-credit-cards-visa-mastercard-american-express Business Insider - Trucking giant Saia says it will no longer transport firearms that are fully or partly assembled https://www.businessinsider.com/trucking-company-saia-will-no-longer-transport-guns-firearms-2022-6

6:39:31
September 29, 2022
The Chicago Bears signed a purchase agreement for Arlington International Racecourse in September 2021. A move to the 326-acre property in Arlington Heights would allow the Bears ownership group to build not just a state-of-the-art NFL stadium, but create a modern "destination attraction" with hotels, restaurants, retail stores, offices, and homes – which is a lucrative trend in professional sports. The sale of the property, to the Bears or another buyer, could be announced by the end of this year or early 2023. A recent poll by Americans for Prosperity showed that 72% of locals want the Bears to move out to the Northwest Suburbs, but only 21% want taxpayer dollars going towards the construction of a new stadium. Both The Heartland Institute and Americans for Prosperity believe this is an important discussion to have – not just for the Village of Arlington Heights, but as a general principle. Should public funds be directed towards massive projects such as a new NFL stadium that promise to a "positive return" on that investment for the community? There's a lot to discuss. The future of Chicago, the Bears, and many communities of the Northwest Suburbs could change drastically... and very soon.
 
1:30:15
September 15, 2022
The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 363 of the In The Tank Podcast. Despite continued high inflation numbers, stock market drops, and a shaky housing market, the Biden Administration thought is was a good time to celebrate the passage of the Inflation Reduction Act. Also, major credit card companies have taken action that will essentially create a national gun registry. PRIMARY TOPIC – BIDEN ADMINISTRATION CELEBRATES 40-YEAR HIGH INFLATION The Federalist - The Biden Administration Isn’t Interested In Governing But In Criminalizing The Opposition https://thefederalist.com/2022/09/14/the-biden-administration-isnt-interested-in-governing-but-in-criminalizing-the-opposition/ NYP - White House throws ‘inflation reduction’ party with James Taylor as stocks crash over dismal 8.3% rate https://nypost.com/2022/09/13/gop-slams-biden-for-out-of-touch-inflation-celebration/ Washington Post - ‘This is your victory,’ Biden celebrates Inflation Reduction Act https://www.washingtonpost.com/politics/2022/09/13/biden-inflation-reduction-act/ AP News - Driven by consumers, US inflation grows more persistent https://apnews.com/article/inflation-economy-prices-881c8411bad80180f025e138f0bd444e CNN - The Fed could crash the housing market https://www.cnn.com/2022/09/14/investing/premarket-stocks-trading/index.html NPR - Inflation is crushing rural America and may even drive people to the cities https://www.npr.org/2022/07/25/1112915507/inflation-rural-america-gas-prices-economy US JEC - State Inflation Tracker: July 2022 https://www.jec.senate.gov/public/index.cfm/republicans/2022/8/state-inflation-tracker-july-2022 SECONDARY TOPIC – MAJOR CREDIT CARDS CREATING A GUN REGISTRY The Federalist - Credit Card Giants Conspire With Democrats To Monitor Consumer Gun Purchases https://thefederalist.com/2022/09/12/credit-card-giants-conspire-with-democrats-to-monitor-consumer-gun-purchases/ Axios - Credit card companies to track gun store purchases https://www.axios.com/2022/09/12/gun-stores-credit-cards-visa-mastercard-american-express Business Insider - Trucking giant Saia says it will no longer transport firearms that are fully or partly assembled https://www.businessinsider.com/trucking-company-saia-will-no-longer-transport-guns-firearms-2022-6
 
11:05
August 15, 2022
Biden just told Americans that the economy had zero inflation in the month of July. Do prices on everyday goods and services seem higher to you? The Biden administration seems to think you need your eyes checked, making it their most laughable claim yet. Ironically, this claim was made days before Biden plans to sign the Inflation Reduction Act. Why sign a bill for a nonexistent problem? This clip comes from the In The Tank podcast, streamed live on YouTube every Thursday at 12pm CT.
 
1:14:05
March 31, 2022
The Heartland Institute's Donald Kendal, Jim Lakely, Chris Talgo, and Jack McPherrin present episode 339 of the In The Tank Podcast -- recorded LIVE at noon CT on Thursday, March 31. On this episode, the ITT crew covered Joe Biden's absurd $6 trillion budget and pressure he's getting from progressives in Congress to just do by executive order what the left has failed to do via legislation. OPENING CHIT CHAT – WORLD GOVERNMENT SUMMIT World Government Summit 2022 https://www.worldgovernmentsummit.org/events/2022/agenda BIDEN’S $6 TRILLION BUDGET NYT – Here’s what Biden’s budget would do, and not do, for climate change https://www.nytimes.com/2022/03/29/climate/biden-budget-climate.html The Philadelphia Inquirer – Four takeaways from Biden’s budget proposal https://www.inquirer.com/politics/nation/biden-budget-plan-takeaways-deficit-taxes-20220329.html Townhall – Biden’s $5.8 Trillion Budget Is All Smoke and Mirrors https://townhall.com/columnists/christalgo/2022/03/29/bidens-58-trillion-budget-is-all-smoke-and-mirrors-n2605158 PROGRESSIVE CAUCUS DEMANDS EXECUTIVE ACTION Stopping Socialism – Congressional Progressive Caucus Wants to Crown Biden King, So He Can Institute Radical Agenda with Executive Actions https://stoppingsocialism.com/2022/03/congressional-progressive-caucus-wants-to-crown-biden-king-so-he-can-institute-radical-agenda-with-executive-actions/ The Blaze – AOC admits Dems are in big ‘trouble’ ahead of midterms. Her solution: Biden should use executive power to ram through a leftist agenda https://www.theblaze.com/news/aoc-admits-democrats-in-trouble-ahead-of-midterms WORST TIME TO BE A CLIMATE ALARMIST? (if time permits) Grist – ‘We are unstoppable’: Youth climate strikes return in full force https://grist.org/article/global-climate-strike-youth/
 
1:35:11
October 28, 2021
The Heartland Institute's Donald Kendal, Justin Haskins, and Chris Talgo present episode 318 of the In The Tank Podcast. On this episode, the ITT crew talks inflation, why it is considered a “hidden tax,” why the administration is trying to underplay inflation, and what is going to happen with inflation in the future. INFLATION: BIDEN’S HIDDEN TAX NYT - This Year’s Thanksgiving Feast Will Wallop the Wallet https://www.nytimes.com/2021/10/25/dining/thanksgiving-inflation-supply-chain-food-costs.html Townhall - Americans’ Economic Confidence Plummets Amid Increasing Inflation and Shortages https://townhall.com/columnists/christalgo/2021/10/15/americans-economic-confidence-plummets-amid-increasing-inflation-and-shortages-n2597448 Breitbart - Bidenflation ‘Deluge’: October Saw Highest Level of Price Hikes Ever in Dallas Fed Survey https://www.breitbart.com/economy/2021/10/25/bidenflation-deluge-october-saw-highest-level-of-price-hikes-ever-in-dallas-fed-survey/ Heritage Foundation - The Real Story Behind Inflation https://www.heritage.org/budget-and-spending/heritage-explains/the-real-story-behind-inflation POLITICAL RHETORIC NYP - WH chief of staff slammed over post calling supply chain crisis ‘high class problems’ https://nypost.com/2021/10/14/ronald-klain-retweets-post-calling-supply-chain-crisis-high-class-issue/ Fox News – Psaki defends Biden WH Chief Klain’s ‘tone deaf’ inflation tweet https://www.foxnews.com/politics/psaki-defends-biden-chief-klains-tone-deaf-inflation-tweet (Video) - https://twitter.com/townhallcom/status/1448741893836361733?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1448741924186300422%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fwww.foxnews.com%2Fpolitics%2Fpsaki-defends-biden-chief-klains-tone-deaf-inflation-tweet INFLATION FUTURE Yahoo Finance - Twitter’s Jack Dorsey Predicts ‘Hyperinflation’ — Is His Warning Merited? https://finance.yahoo.com/news/twitter-jack-dorsey-predicts-hyperinflation-200908005.html Business Insider - Blackstone CEO predicts the energy crisis will worsen inflation and prompt social unrest https://www.businessinsider.com/energy-crisis-worsens-inflation-prompts-social-unrest-blackstone-ceo-2021-10
 
1:02:39
September 30, 2021
The Heartland Institute's Donald Kendal, Jim Lakely, Chris Talgo, and Cameron Sholty present episode #314 of the In The Tank Podcast. Joe Biden and White House Spokesperson Jen Psaki have been saying some really stupid things in regards to the $3.5 trillion infrastructure bill. The ITT crew talks about that and the plan to raise the debt ceiling once again. Lastly, they talk about Greta Thunberg’s “blah, blah, blah” speech about climate change. OPENING CHIT CHAT Chicago Tribune - Chicago Bears sign a $197.2M purchase agreement for Arlington Heights racetrack land — taking the next step in a potential move from Soldier Field https://www.chicagotribune.com/sports/bears/ct-chicago-bears-arlington-international-purchase-agreement-20210929-ch5sisfdung2pohe2gvoyuwfe4-story.html ECONOMIC ILLITERACY & DEBT CEILING RAISE? (video) Jen Psaki: It’s “unfair and absurd” that companies would increase costs for consumers in response to higher taxes https://twitter.com/jasonrantz/status/1442653892672581635 (video) Joe Biden – Real cost of $3.5 trillion plan is ZERO https://twitter.com/Forbes/status/1441415560621854725?s=20 FEE - Biden Bizarrely (and Falsely) Claims His $3.5 Trillion Spending Agenda Has a Price Tag of ‘Zero’ https://fee.org/articles/biden-bizarrely-and-falsely-claims-his-35-trillion-spending-agenda-has-a-price-tag-of-zero/ Cato - The Debt Ceiling Kabuki https://www.cato.org/blog/debt-ceiling-kabuki Heartland Daily News - GOP Opposes Democrats’ Spending, Debt Ceiling Bill https://heartlanddailynews.com/2021/09/democrats-unveil-government-funding-debt-ceiling-bill-that-gop-has-vowed-to-oppose/ DICTATOR GRETA THUNBERG? (video) Greta’s “blah blah blah” speech https://twitter.com/Reuters/status/1442859142457167875 BBC - Greta Thunberg apologises for 'put leaders against the wall' comment https://www.bbc.com/news/world-europe-50799233 Clean Technica - Greta Thunberg Tells World Leaders To Stop With Flowery Speeches And Start Doing https://cleantechnica.com/2021/01/27/greta-thunberg-tells-world-leaders-to-stop-with-flowery-speeches-and-start-doing/ Please subscribe to the Heartland Daily Podcast for free on iTunes at this link: https://itunes.apple.com/us/podcast/heartland-daily-podcast/id557620400?mt=2
 
38:11
October 29, 2020
Three famous economists - Arthur B. Laffer, Ph.D., Stephen Moore, and Erwin J. Antoni, Ph.D - present their new paper for The Heartland Institute titled "Will the Last Taxpayer in Illinois Please Turn Out the Lights: An Economic Assessment of the Illinois ‘Fair Tax’." The report: https://www.heartland.org/_template-assets/documents/10-28-20%20FairTaxReport.pdf This video is just 15 minutes of highlights of their remarks. See the full 52-minute presentation here: https://youtu.be/81tQdY0mAI8 The economists’ research says passage of the so-called "Fair Tax" ballot initiative, which voters will decide on November 3, would:  hit small businesses with annual profits as low as $250,000;  slow job growth by an estimated 566,000 over the next decade, effectively eliminating about one in 10 current jobs;  result in 1.4 million people leaving Illinois for better economic opportunities, setting outmigration from Illinois at about nine times faster than the current alarming rate;  reduce the state's GDP by $20.5 billion over the next decade;  reduce home value appreciation by about 10.4 percent over the next decade;  make Illinois one of the five highest tax jurisdictions in the world, with only New Jersey and some Third World nations having a higher tax on corporations.
 
2:16:17
October 28, 2020
Three famous economists - Arthur B. Laffer, Ph.D., Stephen Moore, and Erwin J. Antoni, Ph.D - present their new paper for The Heartland Institute titled "Will the Last Taxpayer in Illinois Please Turn Out the Lights: An Economic Assessment of the Illinois ‘Fair Tax’." The report: https://www.heartland.org/_template-assets/documents/10-28-20%20FairTaxReport.pdf The economists’ research says passage of the so-called "Fair Tax" ballot initiative, which voters will decide on November 3, would:  hit small businesses with annual profits as low as $250,000;  slow job growth by an estimated 566,000 over the next decade, effectively eliminating about one in 10 current jobs;  result in 1.4 million people leaving Illinois for better economic opportunities, setting outmigration from Illinois at about nine times faster than the current alarming rate;  reduce the state's GDP by $20.5 billion over the next decade;  reduce home value appreciation by about 10.4 percent over the next decade;  make Illinois one of the five highest tax jurisdictions in the world, with only New Jersey and some Third World nations having a higher tax on corporations.
 
5:57
February 1, 2018
Dan Proft, host of the morning show on AM 560, talks about why Illinois is the worst place in the United States to own a home. Proft compares Illinois property tax rates with national averages and concludes that you should get the hell out of Illinois!
 
2:29
January 11, 2018
Dan Pilla explains how our tax structure disincentives economic growth.
 
1:51:26
April 27, 2017
Just two weeks (give or take) after Tax Day 2017, join Pilla at The Heartland Institute as he discusses these positive impacts, as well as some negative ones; legislative hurdles Trump’s plan may face; and recent developments in taxpayers’ rights.
 
5:56:55
June 9, 2016
Jason Bedrick of the Cato Institute explains how your tax dollars can be better used to educate your children and grandchildren. Bedrick discusses the use of vouchers, education savings accounts, and other funding options to educate those who will be the future of this country. Bedrick is a policy analyst at the Cato Institute's Center for Educational Freedom. He earned his master’s degree in public policy, with a focus on education policy, from the John F. Kennedy School of Government at Harvard University. His thesis, “Choosing to Learn,” assessed the scholarship tax credit programs operating in eight states, including their impact of student performance, fiscal impact, program design, and popularity.