Bring Back Foreign Profits Already Taxed

___Multinational corporations should bring foreign profits home with no additional penalty. The taxes have been paid, and the cash sits in foreign banks stimulating foreign businesses.

___Ideally corporations should pay zero tax since taxes are an expense which must be included in the cost of the product making them uncompetitive. Foreign countries do not include the VAT on exports. This gives U.S. companies an additional disadvantage. Congress should pass a tax holiday for the foreign profits of U.S. multinationals already taxed.

___This will stimulate the economy, and the Democrats will take credit, but most Americans will be helped. This would be different than the misguided "stimulus" in 2009 which took money from taxpayers - who spend frugally - to give to the political class -who spend profligately. See 27 Jan 2016 post for more.

What Exactly is a "Natural-Born Citizen"?

___The Naturalization Act of 1790, which is actually the only U.S. statute ever to use the term “natural born citizen”, clearly qualifies Ted Cruz as a natural born citizen. 8 USC § 1401, the relevant current statute, doesn’t use the term, but in no way contradicts the 1790 Act.

___George Washington signed the Act into law. James Madison, the principal author of our Constitution, was also in agreement.

A Champion of the Constitution is Dead

___Justice Antonin Scalia has died. His dissent in last summer's same sex marriage decision should be read by every American. He reminded us that the American Revolution was over taxation without representation. The Supreme Court is practicing social transformation without represntation!

“A Constitution is not meant to facilitate change. It is meant to impede change, to make it difficult to change.” – Justice Scalia

___The tragedy is that Barack Obama will replace Justice Scalia with one who has disdain rather than respect for the Constitution.

The United Socialist States of America (USSA)

___The number of food stamp recipients has risen dramatically, from 17.2 million in 2000 to 45.8 million in 2015, and the most rapid growth in the food stamp caseload in recent years has been among childless adults able to work.

___When work requirements were established in the Aid to Families with Dependent Children (AFDC) program in the late 1990s, nationwide caseloads dropped by almost 80%, albeit over a few years rather than a few months. President Clinton vetoed the welfare legislation twice and then signed it the third time - and then took credit for the surplus!

___Unemployment compensation has been extended from 26 weeks (6 months) to 99 weeks (almost 2 years). This is tax-free. Who wants to work?

___The national debt is over $19 Trillion, and the unfunded liabilities are over $101 Trillion.

___I declared independence from the USSA in writing in December 2010 (see text on 4 July 2010).

Government Admits Selective Service Law is Sexist!

___On sss.gov: While there has been talk recently about women in combat, there has been NO decision to require females to register with Selective Service, or be subject to a future military draft. Selective Service continues to register only men, ages 18 through 25.

___If women want the equality granted by the Equal Pay Act of 1963, then they should accept the responsibility to the country!

Economic Freedom in 2016

___The Heritage Foundation published its 2016 Index of Economic Freedom on 1 February. The categories are:

Rule of Law: Property Rights; Freedom from Corruption

Limited Government: Government Spending; Fiscal Freedom

Regulatory Efficiency: Business Freedom; Labor Freedom; Monetary Freedom

Open Markets: Trade Freedom; Investment Freedom; Financial Freedom

___The United States moved from 12th to 11th when Denmark moved down a full point while the U.S. only moved down 0.8. You should hold the celebration and the champagne since we are still behind Chile and Estonia!

View the new Index at:

heritage.org/index

Labor Force Participation in America

___Among the major worker groups, the unemployment rates for adult men (4.5 percent) and Whites (4.3 percent) declined in January. The jobless rates for adult women (4.5 percent), teenagers (16.0 percent), Blacks (8.8 percent), Asians (3.7 percent), and Hispanics (5.9 percent) showed little change over the month.

___The number of long-term unemployed (those jobless for 27 weeks to 99 weeks) was essentially unchanged in January, at 2.1 million, and has shown little movement since June. These individuals accounted for 26.9 percent of the unemployed.

___After accounting for the annual adjustments to the population controls, the civilian labor force and total employment, as measured by the household survey, were little changed in January. The labor force participation rate, at 62.7 percent, is the lowest since 1977.