Presidential Debate & Cut Tip Tax, Raise Tariffs Or Embrace A Lesson From Across the Pond

With the impending presidential debate, Hy and Christopher talk about how the polls have narrowed nationally but give Donald Trump a statistical lead and almost every swinging state.

We talk tax policy, including Trump’s proposals to eliminate taxes on tips and to replace the income tax with an 85% foreign tariff. What are the economic consequences?  And we propose an idea from Christopher's Louisiana Weekly column this week on how Biden could match this rhetoric on taxes by stealing an idea currently dominating the conversation in the UK parliamentary elections. (More on that below.)

Then the tax conversation turns to Louisiana and a visit by state Revenue Secretary Richard Nelson to the Louisiana House Ways & Means Committee. Could Gov. Jeff  Landry be signaling a deal to legislators by sending his chief tax aide last Tuesday? In other words, is the message: renew the .45% sales tax, due to expire next year, in exchange for a series of income tax cuts?  What about the idea of eliminating income taxes on retirees over the next decade—which would cost about the same as making the sales tax permanent? We end with a look at Juneteenth and how it influenced former Sec. State Condoleezza Rice.

A Taxing Lesson From Across the Pond
By Christopher Tidmore, Louisiana Weekly

Donald Trump continues to rise in the polls, in large part because he is gaining support from voters who earn less than $60,000 per year.  This sector of the electorate has felt the squeeze of inflation most intensely, yet these families tend to qualify for very few government programs to ameliorate the effects of rising prices.  However, an idea that the UK Reform Party has proposed in the current election – to raise the threshold of paying those income taxes – might help Joe Biden hold onto a majority of the working class voters.

Trump has already shown remarkable strength with the working class electorate. In 2020, those households making under $50,000 a year constituted 42 percent of his voter base. Polling seems to suggest that he has only improved his standing with this working class demographic, thanks – in part – to increased strength with Hispanics.

In other words, Biden may be on the tipping point of losing the working class vote in November. However, the British Reform Party (who currently challenges the ruling Conservatives as well as Labour in the upcoming July 4 election) devised a strategy to draw away working class voters from both main parties.   The current untaxed income under the British tax system amounts to £12,570 GBP or $16,148.62 USD.  That is already higher in real terms than the $14,600 (for single taxpayers and married individuals filing separately) which constitutes the standard deduction under the U.S. Income Tax Code.  UK Reform’s electoral platform proposes to raise this minimum threshold free-from-taxation to £20,000 GBP, or $25,446.90 USD.

This change would remove seven million Brits from the tax rolls entirely, and save each family in the nation approximately £1,500 GBP.  Therefore, it stands as a tax cut for all which focuses the largest tax cut on those most in need of it, and not surprisingly, it has helped draw away enough Tory voters that upstart Reform has surpassed the ruling UK Conservative Party in the most recent polling data.

President Biden will spend the next six months hammered by Republicans over his decision not to renew the 2017 Trump tax cuts (at least for higher earners). Cutting taxes at the bottom, though, inoculates him against a typical Democratic political weakness. By justifying the decision to allow the higher tax rates to return to upper income earners as a means to pay for a larger tax cut which disproportionately benefits lower income families (yet positive still affects all taxpayers), Democrats can win the tax argument.  Currently, the standard deduction sits at $29,200 for married couples filing jointly and surviving spouses. If President Biden were to raise the standard deduction for individuals to nearly the same as the proposed British rate, $25,500, that would mean that no married couple making less than $51,000 would pay a dollar in U.S. income tax.  Augmenting child tax credits to the level they were during the pandemic – $3,600 – would translate into no family of four earning less than $58,200 a year would have to write a check to the IRS. (If Congress were to further raise that child credit by an additional $600 per child, President Biden could argue that under $60,000, no family pays tax – if you re-elect him of course!)

The evaporation of the working class vote for Democrats constitutes a major political problem for the president’s re-election chances. If the White House refuses to take the initiative on substanti

Episode Transcript

(00:01):
Battles, the politicians, the press, the digitators and magicians first to see
the money. They just don't.There's nothing to fill the holes. Well,
then are filling their packets, bidholes. The politicians mountain down the
road. Every body's wish for nomoment, corruption and its functional. It's

(00:27):
gone. I take Divide is avena presidential debate on June twenty seventh,
High stakes for both sides, asthe poles are neck and neck. Unfortunately
it won't include Robert F. KennedyJunior. We'll talk a little bit about
the lead up to the debate,the state of the polls, and the
state of the race on this editionThe Founder Show and throwing a little bit

(00:48):
in Louisiana on the future of thesales tax and more importantly, whether or
not we'll ever see the income tax, the state income tax go away in
our lifetime. Oh and Donald Trumpwants the US income tax to go away
too with terriffs? Is that agood idea? All this and more on
this edition to The Founder Show andGod bless all out there. You are
now listening to The Founder's Show,the Voice to the Founding Fathers, Your

(01:10):
founding Fathers coming to you, Deepwithin the bowels of those mystic and cryptic
alligator swamps of the Big Easy,that old Crescent City, New Orleans,
Louisiana, and high up on topof that old Liberty Cypress tree draped in
Spanish moss. But way out onthe Eagles Branch, this is none other.
Then you have been Gary Babao,the republic Chaplain, Hi McHenry,

(01:33):
who with Christopher Tidmore, your rovingreporter, resident radical moderate and associate editor
of the Louisiana Weekly newspaper at LouisianaWeekly dot net. And a lot of
our focus today is where this presidentialrace is going, because it's a weird
dichotomy has happened. Now. Anythis debate coming up on the twenty seventh,
Thursday the twenty seventh is going todraw probably the highest national attention of

(01:57):
any debate that we've seen in years, because Frank, right now, the
race is tightened and there really area huge number of undecideds. So I'm
going to give you some polling data, folks, but basically it boils down
to this. These polls since Trump'sconviction have tightened nationally, they're basically neck
and neck. However, in theswing states Trump is leading. He's up

(02:21):
four points over Biden in Arizona andGeorgia, three points up in Wisconsin and
Nevada, two points up in Pennsylvania, and in Michigan, Trump leads by
one point. Both he and Bidenare in a dead heat in Minnesota,
which you know, obviously we votestate by state, so this is an
advantage. The untold question is wherethe independence were going, because another thing

(02:44):
has happened since the conviction. Fiftyfive percent of independents have set according to
three separate polls, that Trump boughtto get out of the race. Now
does that mean that they don't votefor him or do they don't vote?
Who knows. But the fact ofthe matter is there's going to be a
real appeal to dependence in this comingpresidential debate and everything, and of course

(03:05):
everything's falling on us as we goright here on the show right now.
So it's always kind of fun tohave those little events. But one of
the things that's going on, folks, in this debate is it's going to
be a ninety minute debate between Bidenand Trump. No Robert F. Kennedy,
Junior Kennedy was supposed to get upto four polls that showed me it

(03:25):
was at fifteen percent. He wassupposed to be on enough ballots to get
two hundred and seventy electoral votes.Neither of those qualifications was met by this
last Thursday, so CNN said hecould not join the debate. However,
he's on fifteen percent in three nationalpolls. He may very well be in
the debate in September. The interestingthing about this election season is September people

(03:49):
will already be going to vote bythe time that particular debate comes. In
part of the reason Trump wanted tohave an early debate, Biden found out
that he needed it too. Isgoing to be unlike previous debates. There
will be no studio audience, noapplauding. Mike's will be turned off when
the comments period there finished, andthe two candidates will be standing at a

(04:10):
podium for ninety minutes with commercial breaksinterspersed. They will not be able to
talk to staff. Obviously, theTrump people are hoping that Biden has a
senior moment the scene, and theBiden people hoping that Trump goes off the
rails. How that will find out, we'll find out from the debate.
Christopher not just a senior moment,but Biden's always going off the rails.
He's able to even go off thefloor because he's a stumbler and a foller.

(04:35):
And take this note, folks,the Democrats have controlled this entire debate.
They set up all the rules,they gave the Democrat supporting news carriers
to handle the debate, the broadcastersthat are heavily in the tank for the
Democrat Party, and they're basically likecontrolling the whole things from Miracle. Don't

(04:56):
even let him open his mouth,but they'll probably do it shut off as
Mike when he's when they don't,when they don't want you to hear what
he's saying. That's probably what's gonnaend up at you. You mark my
words, and then I guarantee youTrump will not be debating Biden. He
will be debating Biden and the twouh uh broadcasting moderators who are pro Democrat.
So it's already a rig deal bigtime. And guess what, folks,

(05:17):
Biden is such a really an invalidthat the Democratic Party is already trying
to change the rules so they cansit down doing debate because they're terrified Biden's
not gonna be able to last awhole hour and a half stand up,
And one last thing, Uh,why don't they do a drug test before
the debate? Why not? Andeven a cognizant test. Why not?
We know, we know Biden's goingto be pumped up with who knows what

(05:39):
kind of speed and drugs and whatever. We know that, like he was
for the State of the Union.So wouldn't it be nice to have a
drug test before the debate and evenone after the debate? But no,
Democrats don't want to do that.You know, if they really were so
sure that Biden was so clean andholy and you know, uh, you
know, clean and sober, thenthey'd be glad for a drug test.

(06:00):
It would clear them. They won'thave it. They are controlling all the
rules on this debate. Think ofthat, folks. Okay, first of
all, that's not true. No, no, no, all a high
you talked to now, No,it's not Here's the thing. The debate,
the CNN debate was did not gothrough the Commission on Presidential Debates.
It was negotiated by the two campaigns. The two campaigns, for example,
the ninety minute standing that was allTrump first of all. Second, of

(06:25):
all the having this not in frontof a studio audience. That was Trump.
This was half the rules were Trump's. Half the rules were Biden.
As for the fact that it's CNN, oh, come on, for the
love of God, if you're tryingto say Fox News, what are you
saying it should have been Fox News? Is that what you're getting at the
fact of the matter is it isa debate where the two candidates can ask

(06:46):
each other questions. That was oneof Trump's points. It is a debate.
It's going to be a fair debate. The question is whether or not
they'll hold up for it. Butwhat is your evidence that you say that
this is a rig debate? JustI hate to tell you. You say
I'm not telling the truth. You'renot telling the truth here, Sorry about
that, but you're not. Andno, And by the way, Trump
loves audiences, he and they lovehim. If anybody wanted an audience,

(07:11):
it's Trump. Biden didn't want onebecause he can't handle audiences. He's very
uncomfortable with all. That's why wheneverhe speaks, he has ten people around
him. Have you noticed that,folks, He can't gather a crowd.
And if he has one, hedidn't like it, and he doesn't want
to answer their questions. He's uncomfortablewith crowds. Trump loves them. Don't
tell me. Trump said a rulethat we couldn't there wouldn't be an audience.
I mean, that's the most outrageousthing I've ever heard. So no,

(07:34):
and you're right. The Commission forPresident's Debates, they didn't handle this.
And the only reason Trump took itwas it was his only chance to
have a debate with Biden. Bidenwas not going to comply with the normal
rules and rags for a debate.The Democrat Party wasn't and so now this
is a rig debate, but it'sgoing to be interesting to see how it

(07:54):
works out. And again, inso many the debates in the past,
Trump doesn't doesn't just debate his opponent. He has to debate the moderator who
intervenes and says things to help himout his opposition because his opposition doesn't know
what he's saying or forgot it orwhatever, and so the moderator steps in
and then even corrects Trump like he'sfact checking him. But you don't want

(08:18):
to get fact checked by a libtardnews agency. They're they're the grandest liars
of all times. I think everybodyknows that. But now, thank you
News Max. Now let's get backto Fox News, which is the station
we're on. The fact of thematter is we get two of the most
respected people. And one of thethings that Trump wanted was now opening statements.
That was actually a Trump thing,and that was what something Biden very

(08:39):
much wanted. This was a negotiateddebate, but rather than talk about we'll
go through we'll see what happens inthe debate, and we'll go through a
little bit of it in the comingweeks. But there's gonna be a lot
of subtext for this debate, andactually one of the subtexts high is going
to be tax policy. Now Trumpnoticed when I gave those polls out,
I said that Trump is ahead inNevada. Remember Trump lost Nevada in both

(09:03):
of the in twenty sixteen and twentytwenty. But one of the reasons he's
ahead is this idea of and it'sbeen a powerful idea. I don't know
if it's a fiscally sound idea,but it is an electorally powerful idea that
helps working class people eliminating taxation ontips now. For those who have not
been following this kind of subtext,he's put the Democrats back on their heels.

(09:26):
Trump has come up with two taxreform ideas. One of them is
tips should be considered gifts. Inthe United States, we do not tax
gifts under basically fifteen thousand dollars onetime gifts. If tips are thought of
as a one time gift, whichin theory they would be, then you
shouldn't tax them either. That wouldcost the US Treasury two hundred and fifty

(09:52):
billion dollars per year. Because tips, and for those that don't know,
tips now are not done the waywe did it when we were kids,
or our parents did it. It'snot like you leave five bucks on a
table and person takes it. Tipsare almost always done on credit cards.
They go into a central pool.It's shared amongst the whole staff. It's

(10:13):
calculated in the revenues of the restaurant. It's part of the restaurant. Now,
I'll be the first one to say, look, people who are working
hourly working on tips, this willhave a disproportionate benefit for working class VOTs.
And that's why you haven't had Democratssuddenly dismissed the idea. Ron Wyden
said, we should at least beopen to it, and so it's put.
It's been a strategic masterstroke by Trump. Here's the economic problem with it,

(10:39):
and this is the economic problem withall of Trump's ideas they're alluring.
It doesn't have any stimulative activity forthe economy. Now, why am I
a Reaganite? Why do I believein Ronald Reagan and supply side economics,
Because the idea of the marginal incometax, and particularly cuts in capital gains
and dividend taxes, is that itactually has a stimulative effect on the economy,

(11:01):
that it allows us to increase investment, it allows us to generate the
economy. That's not a liberal viewpoint, that's a conservative one. One of
the things conservatives have actively opposed inthe past was that unilateral cuts for quote,
people who don't pay taxes. You'veheard this too high. I've never
thought it was a very good policy. But it was the idea that if

(11:24):
you're not paying corporate if you're notpaying personal income tax, and right now,
if you make about roughly under twentynine thousand dollars a year as head
of household, you don't pay personalincome tax, then you shouldn't have to
pay taxes. It's not very stimulativeto the economy, but it might be
the right thing to do. Well, see how that plays off. It's

(11:46):
a powerful tax proposal, but that'sone of two powerful tax proposals Trump has.
The other one is far more fundamental. We'll get to that in a
second. But what do you thinkabout I doubt you will get to have
a problem with getting rid of taxeson till My question is what do you
think about the economic impact? Becauseit's not going to help generate economic growth,

(12:07):
how do we pay for it?Then? Christopher, that means the
uh. And by the way,Christopher and I have both worked for tips.
We know how important they are.We greatly appreciate them. I've been
working for tips since college for Christopherwas born. I guess, uh,
you're driving a taxi in New Orleans. But we've we've had tour guide jobs
where we worked on tips and manyother things. Anyway, Uh, I

(12:31):
think it's great. And how's itgoing to help? Well, all the
money, extra money the waiters andthe waitresses and the cab drivers and everybody
else. The tour guides are goingto make all that extra money is now
going to be spent in the inthe economy, which is a is a
plus for the economy. They're notgonna go hide all that money, Christopher,
They're gonna spend it. That meansthat it helps generate more activity in

(12:54):
the economy, which is very healthyfor the economy. I don't know how
you missed that one, and soyes, I think, and by the
way, think of it. Justthink of this. We all know the
go go days, the happy days, the Trump days for our economy.
Remember that very I mean, mykids, my inner city kids are screaming
about it. What happened? Whyhas everything gone so bad since Trump?

(13:16):
What is going on with this newadministration. They don't understand the enormous suffering
they're going through because when you havehard economic times, that people always get
hit the first and the hardest ofthe poor. And they're suffering terribly right
now. Yet during the Trump years, they were prospering. Everything was going
up, their salaries, the opportunityfor jobs, everything was escalating in this

(13:37):
country while Trump was the president.So I'm sorry, Christopher. He is
a financial genius. Biden is afinancial thief. For sure. We know
that we know the Biden crime syndicand all the money tax money they've stolen
from us over the decades. Weknow all about that. But when it
comes to actually the old fashioned wayof making money, like hard work and

(13:58):
being really smart and wise using wisdomin your and your management decisions, Trump's
got it. And so of courseyou can't argue with the facts. You
can't argue with the past. It'sclear everybody knows this about what a great
time the economy had when Trump wasthe president. Biden's a petty thief,
Trump's the master criminal. We'll talkabout that after the break, But I

(14:18):
want to actually talk about Trump's taxproposal because the fact of the matter is
would tipping, getting rid of taxesand tipping help the economy because there's more
money, And yes, not tothe extent of cutting the capital gains tax,
but it does. I'm going toHowever, that leads me to the
second thing that Donald Trump is puttingin that's even more alluring and potentially economically

(14:41):
dangerous, and that, of courseis the whole concept of a tariff to
replace the income tax. Now,if anybody's been following what's been going on
with this, folks, the ideais that the United States would put on
a tariff sufficient to get rid ofthe income tax. And I gotta tell
you there's a part of me whois like, Wow, that sounds great.

(15:03):
I don't want to pay taxes ifwe could have other people pay our
taxes. Unfortunately, this goes tothe exact argument you just made. High
if we take taxes off a tipping, there's more money to go in the
economy. What happens when you putit would require an eighty five percent tariff
on goods coming from every other countryinto the United States. This includes Canada,

(15:24):
Mexico, no more NAFTA, inorder to get rid of the federal
income tax. That wouldn't get ridof Social Security taxes, but it would
get rid of the federal income tax. What happens when you put in a
tariff, especially in eighty five percenttariff? Do American based businesses? Do
you get American based jobs? Yes? But what happens to prices of goods
made in the United States? Theygo up to match what the prices coming

(15:48):
in internationally are. This is notme making up some wild theory. This
is what happened throughout most of thenineteenth century that part of the reason that
we had such high prices, andthe entire popular movement started under William Jennings
Brian and the populist was they wantedto get rid of the tariff because the
prices that the poorest people paid wereso exorbitant that you couldn't you almost couldn't

(16:11):
afford to live. It was expensiveto get bread. And the minute they
started knocking down the tariffs, whathappened, prices went down. Well,
it goes to your argument about thetaxes on tipping, which has a lot
of validity. You put in atariff, you get rid of the income
tax. Great money's in the economy, but if prices are going on,
you've created a consumption tax. Youcreated the worst form of consumption tax because

(16:33):
you don't make money domestically. Youmake money from a foreign source. And
I'll give you an example. So, Hi, you're wearing a fantastic Guy
of Ara shirt right now, andhe wore it actually when it gave my
dad's c Why evenaver it was,he gave it my dead sermon in that
shirt and my father died. Beautifulshirt. Now let's assume and I think

(16:55):
it costs more than that. Libbabuys all your clothes, and I know
she has better taste than you door me for that this is a hand
me down. I have my clothescome from the thrist shop. She does
buy some beautiful clothes to me,and you father gave me this beautiful but
it's an orange wiveta and uh yeah, But anyway, my point, let's
assume that shirt costs twenty dollars rightnow, probably costs a lot more,
but let's just use twenty dollars forsay argument, you put on an eighty

(17:15):
five percent tariff, Well, suddenly, let's just say one hundred percent.
For argument's sake, that shirt wouldsuddenly cost forty dollars, right because it's
imported. Now, if you hitmade it domestically, what happens If somebody
can make the shirt for twenty dollars, they get to sell it for twenty
dollars. No, they're going tosell for forty. So that's what happens
when you put on a foreign tariff. Now you could the argument is if

(17:38):
we got rid of the income taxto pay for it, would that happen?
Yeah, only if US trade foreigntrade remains what it is. If
it actually goes down, which iswhat happened in the nineteen thirties with the
smooth Hartley tariff. The economy goesinto a deeper depression. So this is
what I'm getting out with his taxpolicies. The devil's always in the details.

(18:00):
Both of these tax policies are veryalluring, so much so high that
you know, I love the tippingone, and I'm attracted to the idea
of not paying income taxes for ahuge eighty five to undred percent tariff.
But is it the right thing todo for the economy? Is this a
smart thing to do for the economy. Trump is running on both of these
ideas. They will come up atthe debate, but nobody's asking the question,

(18:25):
mainly because Biden, frankly, hasbeen Trump's economic policy. You know,
all Biden did for Trump's economic policies, take his economic policy, run
through the grammar check, and actuallyfollow through in a lot of things Donald
Trump wanted to do. It wasbad when Donald Trump did it, It
was worse when Biden did it.Doubling down on tariffs is not a way
to grow an economy. Well,you may have a point there. I

(18:45):
know that it was one of thecauses of the Civil War when the North
was running so many tariffs up onlyon the South that was forcing the South
into bankruptcy. So they succeeded fromthe Union to say themselves. Tariff's can
be misused, absolutely, And yousaid the devil's in the details, very
good point. One thing great aboutTrump is he's got those details, and

(19:07):
he knows how to wheeling, dealand moving and make and fix things that
things aren't going the way they wereplanning to go. That's one reason he's
so successful. He's very much ahands on man. He nobody can keep
up with him. He's so he'sone of the most energetic presidents we've ever
had, and so I would trusthim to manage that. But you have
some good points about the dangers ofit, Christopher. I'm sure he's more

(19:29):
than aware of it. And whenit comes to criminal activity, you know,
Biden's criminal activity is international running withthe big international cartels and all the
wheelings and dealings and crooked deals heset up overseas with his bag boy,
his son and uh so uh no, you know his son Hunter. Uh
there's no comparison in the criminal activityat all. Trump was taken down by

(19:52):
a totally rigged jury and judge andtrial. We don't have time to go
and all we're going to go intothat in the future that we're going to
cover that one. That's a bigone, but right now we don't have
time to But that was such arigged trial. If everybody that knows anything
about this stuff has proven it everywhich way, passed a statue of libertation
everything, you know, an accountingera, and you go to you do

(20:14):
a hard time for that. Imean, this is outrageous what happened to
him in that courtroom. We don'thave time to get into details. But
hopefully, you know, one day, maybe real justice will be done in
this country and the real criminals arereal criminals will be brought to trial.
I hope along for that day.Christopher, Well, maybe talk about that
after the break. But when wecome back after the break, folks,
one other tax idea before we getinto that, and we're going to look

(20:37):
across the pond, what's happening inGreat Britain. Got some mail about last
week's show about the point I made. In fact, some people who called
me a trader because I actually hada kind word to say for the idea
of the Republicans not splitting apart becauseof Donald Trump. We're going to talk
about the real world implications of thatacross the time. But an idea that
is actually attracting, should you haveto pay income taxes if you make less

(21:00):
than fifty thousand dollars a year.It follows this. It's Trump's good buddy,
Nigel Ferraris who's pushing this idea andit's actually caused him to beat the
Conservatives and the polls. We'll lookat that. We'll also talk about income
taxes here in Louisiana, will weever get rid of them? Whether there's
a major development in the Ways andMeans Committee this past week, the House
Louisiana State House Ways and Means Committee. We'll talk about that when we come

(21:22):
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(21:45):
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(22:48):
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That oh sh well, folks,we're back and you're listening to the
Founder's Show, and I want youto know you can hear this show every
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(24:59):
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(25:21):
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that, folks. And so it'snow time to start the show. And

(25:41):
this is Chaplanhei McHenry with Christopher Tidmore, your roving reporter, resident radical moderate
Associate editor of the Louisiana Weekly newspaperat Louisiana Weekly dot net. For my
articles in Louisiana Weekly dot com foreverything else, and for everyone who wants
to get a subscription to the LouisianaWeekly and actually read my columns and all
the stuff we talk about here onthe Founder's show. To give him a
call aera code five oh four twoeight two thirty seven oh five five oh

(26:04):
four to eight two thirty seven ohfive. It'd been only twenty five dollars
a year, So if you wantto support the Louisiana Weekly entering its one
hundredth year. But now that Igave that public service announcement, I thought
I would actually turn back a lookacross the pond for a second, because
I got a lot of mail aboutlast week's show. Now, if you
remember, Hi, we talked.I came on the air and we had

(26:26):
our usual dust up over Trump.But I made a statement that got a
lot of people, you know,never Trump Republicans like me. You know,
they were very mad at me forsaying and I said, imagine what
would have happened if Donald Trump hadapproached this from the outside, if he
had not been part of the RepublicanParty, had not been president, he

(26:47):
had formed a third party, whichhe threatened to do at one point,
what would have happened? And Isaid, the evidence is in the pudding.
It's what's happening in Britain for theBritish Conservative Party, who's going to
lose election? Well, I cantell you a week later, not only
are they losing election, they're aboutto have the worst result that the British
Conservative Party has had since nineteen sixand all for Balfour, worse than the

(27:11):
loss after the Second World War.And why am I bringing this up to
you? The Conservative Party is inline to go from three hundred and sixty
five seats to potentially ninety nine.And the reason is they were going to
lose this election regardless Labor was goingto win. They've been in power for
fourteen years. Democracies tend to havea self correcting mechanism. The only person

(27:33):
who ever kept the Tories in powerlonger was Margaret Thatcher. No, what
happened is a man by the nameof Nigel Farrage. Now, if you're
an American Conservative, you know exactlywhat I'm talking about because Nigel farrashe is
one of the best friends of DonaldTrump. He campaigned in the elections for
Trump. Pierre's outspoken he's head.He was the main leader of what was

(27:53):
then called UKIP, the United KingdomIndependence Party, and then became the Brexit
Party. He was a big supporterof Brexit and he it was the founder
of what's called the Reform Party.It was like the main voice behind Brexit,
right, yeah, I mean hewas the consistent leader behind it.
There were other voices in the ToryParty or wouldn't have passed, and it

(28:14):
was even some of the left.But he he did something interesting five years
ago. British elections are basically everyfive years. He came out and he
was going to stand up his partyand there was a deal to finally get
Britten out of the European Union.They had a big referendum, but it
still took like four years to geta deal. The deal was going to
be overturned. He stood down hiscandidates and told his supporters on the right,

(28:37):
which at that election was four millionpeople, to vote for the Tories
and he called it party over acountry over party and the Conservative Party had
ended up with a majority of almosteighty people. It was huge. It
was one of the biggest majorities everhad and they proceeded to squander it.
I'm going to be the first oneto say, and every thinks I'm a
liberal, and all I like tothink is I'm in an old fashion publican.

(29:00):
And one thing Heine can very muchagree on is Margaret Thatcher's dictum.
Conservative governments that raise taxes lose elections, period, end of discussion. If
you are a conservative, you donot ever raise taxes. You might raise
it here and cut it elsewear andhave a net tax cut, but you
don't raise taxes. Why because thepublic will never forgive you. They'll forgive

(29:23):
the left because they kind of expectthe left to raise taxes, They'll never
forgive you. What did the Torygovernment do under the current Prime Minister Rishisunac.
He raised essentially the tax rate inthe upper middle class to equivalent to
what would be about one hundred andfifty thousand. He put the top rate
of forty five percent, which isa huge tax rate for people, you

(29:44):
know, And so it had.There was other taxes, national insurance,
what we'd think of as social securitytaxes and stuff also went up. So
they're trying, they're in this rearguardaction. But the other thing they ran
on all of Brexit was based onreally one idea. It wasn't. You
could say it had to do regulationin the European Union, you'd be right.
You'd have to say different things aboutBrussels making rules for Britain, You'd

(30:06):
be right. The real thing Ihad to do with was immigration. Britain
has seen equivalent of ten percent ofits population come in the last fifteen years.
No amount of people that came atour borders in the South is roughly
equivalent to the level of immigration,legal and particularly illegal, that has come
into the United Kingdom at that point. And essentially the Tory government, while

(30:30):
they gave lip service to an unworkablescheme of sending people to Rwanda and all
this, they didn't do anything aboutthe votes that were coming across. This
is very roughly equivalent to Joe Biden'sposition. So they seemed to get serious
about it in the last few months, just like Biden close the border,
and the attitude even amongst his supporterswas too little, too late. So

(30:52):
similar things happened in Britain. Sothat's the reason Rishi Sunat called an early
election is the election was supposed tohappen in November, about the same time
as our election, but British primeministers can go to the monarch and go
to the King, and or itcould go to the Queen in the past
and say I'd like to call anelection, and they will call an election.
He did it because he was hopingNigel Farras was going to be too

(31:14):
busy campaigning for Donald Trump to beable to run. I mean that literally,
that was the assumption and it notonly backfired, it backfired royally.
Fararge decided he'd run for a seatin Essex in Clacton. Essex is to
Britain what you think of as theReagan Republican, the Reagan Democrat would be
remembering the eighties, the Reagan Democratthat the Essex Man is kind of that

(31:38):
thought process. He's incredible fraud isincredibly popular. He's going to win the
Clacton seat. This will be hisseventh bid for Parliament and he's already like
fifty percent in the polls. Moreimportantly, his Reform Party has stood candidates
against every toury and every laborer inthe country and they officially crossed the threshold
and they are polling three to fourpoints ahead of the Conservative Party, which

(32:01):
is there at twenty one percent.The Tories are eighteen, Labor's at forty,
and Labor doesn't have a similar experiencein the left. The Greens are
doing it. So what it's doingis essentially cutting the vote on the right
and meaning that some of the mostsenior members, including the Prime Minister himself,
in the safest seats in the UnitedKingdom, would lose. But everybody

(32:22):
says it's just a rage and theright. Here's the lesson I give to
whomever wants to take it. JoeBiden if he's smart, Donald Trump,
if he's smarter. We'll see whichone takes it. Nigel Farage had two
ideas coming in this election. Oneof them was highly controversial. The other
one has been ubiquitously popular. Therewere two tax ideas. One was simple.

(32:45):
The first one was, Okay,you want to hire somebody who's not
a British subject, a citizen ofBritain, doesn't have a British passport,
fine, your National Insurance taxes aredouble for that person. This is the
same as if somebody hired in abusiness in the United States, if they're
not an American citizen, their fightingSocial Security taxes would be double. The

(33:06):
idea is saying don't. Yay,we're going to try to stop the boats,
but we'll just make it uneconomical forpeople to hire them. There was
exceptions for the National Health Service andfor some whole businesses, but basically that
was But the other idea was morebasic. And I wrote a column on
this for the Louisiana Weekly. Itwas such a good idea my publisher didn't
want to run it because you thought, oh, my god, Trump might
pick up this idea, and Ihope he does, and I hope and

(33:29):
or I hope Biden because this islike the idea on not taxing tipping.
This is not a stimulative idea forthe bigger economy. It's just the right
thing to do. And it boilsdown to this, Hi, do you
know what the standard deduction is inthe United States? But the standard deduction
is what you take if you don'ttake any of those Yeah, that's what
you're saying. Yeah, So thestandard deduction in the United States is fourteen

(33:51):
nine hundred dollars. The standard deductionof the United Kingdom is twelve thousand,
five hundred and seventy pounds. Nowa pounds, same thing. No,
it's actually it would work out toonot too far away, about fifteen thousand,
six hundred. But yeah, inthe same mise, Nigel Faraj's idea
is to raise the equivalent of theBritish standard deduction up to twenty thousand pounds.

(34:15):
What does that mean, Well,that would be about twenty five thousand,
five hundred and fifty five dollars.It was the idea for an individual,
and in the United States, wedon't double that amount for married couples.
If it's fourteen thousand for a single, it's twenty nine thousand for a
married couple. It's a little bit, but it's almost double. If you

(34:36):
were to double it for married couples, does that mean nobody making less than
fifty one thousand dollars? No marriedcouple making less than fifty one thousand dollars
pays any income taxes? If youthrow in if we restore the tax credits
for kids for what they were duringthe pandemic, which Trump did originally and
hasn't been continued under Biden, thoughthe Biden administration supported, They just couldn't

(34:58):
get it through Congress. Thirty sixhundred dollars a kid foot with the math,
and you can end up with youknow, at an extra six hundred
dollars per kid. And what doyou end up with a platform that says
a family of four making sixty thousanddollars or less doesn't pay anything in income
taxes. Now, the problem withpassing this idea is it's not popular with

(35:20):
the left or the right. Theleft will say, you know, we're
losing so much revenue. What doesthe right say? And you've heard this
high we're taking taxes off of peoplewho don't pay taxes. After all,
it's so little they're taking taxes off. It's just why would you cut taxes
for people? They're not stimulative.This is exactly the argument we have.
There's an economic argument here, butit boils down to the concept that should

(35:45):
you remove taxes. Well, NigelFarraj, let me give the political side
of this. He did this,He brought this in to the United Kingdom
twenty five thousand dollars twenty five twentythousand pounds, twenty five thousand dollars.
And guess what working class voters,Tory working class voters, but also many
labor working class voters suddenly are goingto the Foreign Party. Now, Nigel

(36:07):
farsh will be the first one totell you, he doesn't have a snowballs
chance in hell of winning this election. What he wants to do is be
the principal opposition. It's the majorityof seats. But it's a simple idea.
If you tell people you will cuttheir taxes, and it's believable,
it's something they can quantify. They'renot going to believe some pie in the
sky scheme of cutting taxes. That'sthe problem with Trump has with the whole

(36:29):
idea of the tariffs. It's toohard to believe. But if you tell
a person, hey, you're exemptedup to fifteen grand, We're going to
exempt you up to twenty five fiftyyou know, you know, fifty one
thousand for a married couple, thatthey'll believe. And that's quantifiable. And
by the way, let me explainthis in more blunt terms. In twenty
twenty, forty two percent of DonaldTrump's majority were forty two percent of them

(36:57):
were making less than fifty thousand dollars. If you go sixty thousand dollars,
it was roughly half. In otherwords, the presidential election was determined by
people making less than sixty thousand dollarsa year. How do you pay for
this? Trump would say tariffs.I don't think that's a good answer.
Cutting taxes here, raising taxes ongoods ends up being a problem. But
the basic political concept, and I'msaying to the Biden folks, you want

(37:22):
to restore the Trump tax cuts oftwenty seventeen, you have got to realistically
look at some alternative. And Iwant to comment about what happened in the
Ways and Means Committee high But beforewe go on that, you've been sort
of nodding your head in this entireconversation. You want to read more about
this, go to Louisiana Weekly dotnet. I call it a taxing situation
from across the Pond, a newarticle there. But the fact is it's

(37:45):
it's kind of a simple idea thathasn't caught on with either party. And
I don't understand why I'm not noddingmy head because taxes make me sleepy.
Counting work makes sense. No,I'm nodding my head because I think these
are good ideas. Chris for greatideas, and Nigel Farage, to me,
is magnificent. And it just provesall the more why Trump is such

(38:05):
a great guy. Because Nigel Farageis a very wise man. He would
only support a truly great American andChristopher. You're a big fan of Nigel,
so find that interesting. But anyway, it sort of fit into this
because taxes were in the major subjecthere in Louisiana this past week in something
called the Ways and Means Committee ofthe Louisiana House of Representatives, or as

(38:27):
I like to call it, theWays to be Mean Committee. Usually it's
a way of how you're raising taxes. But Richard Nelson is the new tax
collector of Louisiana. You might rememberthat name. He was the state representative
for Mandeville. He ran for governor. He ran on the idea of getting
rid of the Louisiana state income tax, and he brought up some kind of
ideas that were controversial, including astate property tax. But he goes before
the committee and what he's talking aboutis that this, you know, this

(38:52):
was the absent idea of the Landryadministration. You didn't hear Jeff Landry talk
about tax reform. You didn't hearanything. Well, he goes in the
committee and saying, we want tolook at income taxes. And there's a
subtext the argument, and it hasto be that sales tax point four to
five percent. Now we've talked aboutthis on the air. Every Louisianian under
the Edwards administration started paying point fourto five percent, about basically half a

(39:14):
penny in sales tax. More sowe could balance the budget that's rolling off
next year and Louisiana is looking ata massive, massive deficit that pretty much
will hit up maybe higher ed butdefinitely healthcare massively. And so how do
you do it? Well, theLandry administration has not been supportive of repealing
it, but they have to offersomething, and so Nelson was in the

(39:37):
proposal. If you remember I oneof our first shows eleven years ago,
we had a program and we talkedabout a way to get rid of the
income tax, and I wrote acolumn about it was to eliminate income taxes
over time on those who are overthe age of sixty. What I said
was, what you could do iseliminate income taxes for those over the age

(39:59):
of eight and then lower it everytwo years. And people do get older,
so they do fall into the category, and you could phase out what
works out to about six hundred millionin income taxes and make Louisiana retirement haven.
It would be a first step,well, guess what happened. How
much that sales tax takes in sixhundred million dollars. So the idea would

(40:22):
be, in the short term,you would renew the sales tax, but
you would create over the next tento fifteen to twenty years a phase out
for retirees. That's being actively talkedabout. Whether or not it would actually
succeed on the floor of the legislatureremains to be seen. You have a
group on the right that will neverpay for a tax renewal, they never
vote for it. And you havemany on the left, including the Black

(40:44):
Caucus, who worry about the pricesand the cost of putting a sales tax
on the poor and are not supportiveof it. So the question becomes whether
or not both sides would be willingto do this. But it's interesting that
this issue in Louisiana has come up. We're hearing a lot about the you
know, the governor signing the TenCommandments bill and that's immediately going in the

(41:06):
courts. The aclus found it.We hear a lot about these you know,
a lot about insurance which is causingfriends of ours to lose their home.
My dear friend Sharon Brolski, whois one of the great political minds
of our generation, has a beautifulhome and coliseum. She put it up
for sale. She owns the house. We're outright, She and her late
husband, Howard Bake, had it, but she can't afford the twenty five

(41:27):
hundred dollars a month in insurance.I only bring that up because you let
Fox News talk about it, orwouldn't have talked about a friend. People
are being hammered by cost because thisis not the cheapest place in the world
to live. The question is willthere be traction to do something fundamental?
From an economic standpoint, this isjust like the other taxes we talked about.
The taxes you should be talking aboutfor economics is getting rid of the

(41:49):
inventory tax, getting rid of thecorporate income tax. Not this, but
it's pretty alluring to tell Louisianians thatwhen you retire, you don't have to
pay an income tax, and itdoes have at least some stimulative effect of
getting people to move into your state. I love it, Christopher. Let's
go fart and you know what I'mexcited about. One day we're going to
pay no taxes because when Jesus isKing of the world, King of the
universe. He's going to pay allthe taxes for us. We won't have

(42:13):
taxes, and I'm going to beexcited. Can't wait for that day.
Come quickly, Lord Jesus. Well, folks, it's time for us.
Take another break. We'll be rightback. Rescuing, recovery, re engagement.
These are not just words. Theseare the action steps we at the
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(42:34):
greater New Orleans. After the healingprocess has begunned and lives are back on
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be healthy, thriving, and livinga life of purpose. No one is
meant to live under a bridge.No one should endure abuse, No one
should be stuck in addiction. TheNew Orleans Mission is a stepping stone out

(42:58):
of that life of diction and intoa life of hope and purpose. Partner
with us today go to www dotNeworleans Mission dot org or make a difference
by texting to seven seven ninety eightGod Os God the two shoes. Well,

(43:22):
folks were back and you are listeningto the Founder's show, The Voice
of the finding fathers. It ischaplain hig mcgenry and it's not time for
us to go into our chaplain.Bye. By patriotic moment, we just
take a brief moment to remind youof the biblical foundations of our country,
our judio Christian jurisprudence. And todaywe want to talk about a great American,
Condaliza Rice, and my partner righthere has something very important to say

(43:43):
about her, because it was CondellezaRice who reminded us this week of the
importance of Juneteenth. For those thatdon't know, on June nineteenth, eighteen
sixty five, Union soldiers arrived inGalveston Day, Texas and freed the last
enslaved people in the Confederacy. Andas Condaleza Rice wrote this week, we
celebrate their When we celebrate their freedom, we celebrate America itself June teenth as

(44:04):
our second Independence Day. She wouldknow the importance of that moment. Most
people don't realize. They think ofher as Secretary of the sixty six Secretary
of State, but they don't knowthat. When she was eight years old
on a Sunday morning in September nineteensixty three, the church where her father
was pastor and preacher the Sixteenth StreetBaptist Church was bombed. She was a
few blocks away when the bomb wentoff, where four little girls, two

(44:27):
of them who were her good friends, were killed. But our community rallied
around her father, who rallied aroundher father remembered that June teenth day and
what it meant to her family asa day that guaranteed their freedom. Her
father actually became a Republican because that'sthe only way he could register to vote
and put that example onto her daughter. And so she said to remember June

(44:52):
teenth because she's an example of howfar we've come as a country, and
June teenth how far we've come asa nation, our second independence day.
Amazing, Christopher, thanks for sharingthat. Christopher brought this to my attention.
That's why we're using it today.Great idea, Christopher, Thank you.
And those people who blew up thatchurch, what monsters they are were?

(45:12):
They were probably Democrats, hate tosay, Chris where they were probably
Democrats? Typical typical. Anyway,she when she was sworn in, she
said, a wonderful thing. Andso I'm going to give you her quote
right here today, just as Ionce did with my parents. I will
celebrate June teenth. I will thinkabout my ancestors and what they must have
felt when they were liberated from slavery. I will give thanks. I will

(45:36):
give thanks for being born in acountry with such moral progress as possible.
That is worth celebrating, not justby Black Americans, but by all of
us. And she is so trueabout that. And take notes she said
moral progress. Her understanding of marlswere biblical morals, because of course her
father was a preacher. There itis again, folks, the biblical foundations
and influence in our country. Butwhat about you? Do you have any

(46:00):
biblical foundations? Do you have anybiblical moral influence in your life? Well,
if you don't, you need it, folks, and I'm gonna tell
how you can get it. I'mtelling you you get the whole package.
The Bible says you get all ofit at once, the righteousness of Christ.
As we now go into our chaplainbah bah gospel moment where we just
take a brief moment to remind youand show you how you can know that.

(46:22):
You know that, you know yougoing to heaven when you're dine,
and you're going to be safe fromhell, a burning, burning hell,
folks, you know. The Biblesays God loves you with an everlasting love.
He loves you so much he becamea human being. Who is that
God man all the way God andall the way Man, perfect God and
perfect Man. His name is theSon of God, the Lord Jesus Christ.

(46:45):
He came to this earth two thousandyears ago to take care of our
big love problem broken up into twothings, and that is sin and death
that separates us from God's love.God loves us with an everlasting love.
Loves folks more than I can tellyou. It's amazing. In fact,
the Bible's really if you boil itall die in Genesis Revelations all about love.

(47:06):
The Bible says, God is love. So if you want God,
you want love, you got togo to Jesus to get it. And
it goes like this. He knewwe'd never fix our love problems, so
he said, I'm gonna have tofix it for hm folks. To do
that, I've got to be aman. So Jesus became a man.
He came to this earth, andwhen he died for our sins on the
cross, the Bible says, it'sblood washed them all the way. The
scripture says he that knew no sin, that's Jesus, was made sin that

(47:30):
you might be made the righteousness ofGod in him. That's how you get
those biblical morals, folks, youget the whole package, all the righteous
of Christ put in you. Thesplit second you believe that He died for
all your sins, was buried androse from the dead, and rise from
the dead and took care of oursecond problem. And what I mean by
that is our death problem. Thescripture calls it the second death. That

(47:52):
means going to Hell forever, whereyou will basically wander around Hell like a
zombie, the the walking dead.If you will, you have full consciousness,
you have full a full memory,and you have a great torment of
soul and body forever. Folks.Now, you don't want to go there,

(48:13):
and God didn't want you to go. They really didn't. If all
says God made heaven for you,He made hell for devils, for sin
and for death. But as itturns out, he had he had to
include something else for hell. Andthen one of the sidest passages in the
scripture, it says Hell is beingenlarged because God's going to put something in
there. He didn't want to putin there. You know who it is.

(48:35):
People who reject His love to theirlast dying breath. They reject God
their entire lives, all the wayto the very end, and there's nothing
left for them at that point.Their names were rubbed out of the Lamb's
book of life, and the onlyplace they can go after that is eternal
damnation. Folks, don't be oneof those folks. Stop pause just right
now and think about it and withall your heart. I mean, you're

(48:57):
not trusting anything else. And theway you do that is you were.
The Scripture says godly sorrow work withrepentance. What that means is when you
come to that realization of just whata loser you are, how you cannot
help yourself, your hopeless and helplesswith love God, the only hope you
have is Jesus. When you getto that point, you just repent it.
It is part of your faith.It is not an action. It's
not cleaning up your life, youknow, doing good religious works, turning

(49:20):
from your sins, giving away money, blah bah blah blah blah. None
of that is going to get youinto heaven. In fact, it keeps
you out of heaven. You gottabelieve it can't help you. None of
that can help you, because you'rejust that helpless. And when you do,
you're ready then to put faith aloneand Christ alone you. You're ready
to believe that He did, hewill, and He has save you from
burning hell and guarantee you heaven becauseHe died for all of your sins,

(49:43):
was barn and rosem the dead.If you've never believed this before, please,
folks, stop right now and believewith all your heart that Jesus really
did die for all your sins,was bred and rose the dead. Well,
folks, it is no time forus to go into our testimony time.
We'll just take a brief moment toremind you of a wonderful story of
a past Christian, someone who didsomething great with their lives, a strong

(50:06):
Christian. Every time we either dothe testimony time or the end time events,
you know, eschatology, Jesus comingback, signs of the times.
But today it's time for our testimonytime, and so today we're going to
talk about that's right, We're goingto talk about Hudson Taylor, one of
the greatest missionaries in all of history. Folks, If you study church history,
you're going to find they're great missionariesfrom every denomination, every group.

(50:30):
God has used us all, regardlessof our denominational background, and raised up
great men and women to serve Him. And the one I'm thinking about right
now is again Hudson Taylor. Hewas born in England. He got a
great passion to go to the missionfield. This is in the middle of
the nineteenth century, and he's studiedmedicine, thinking he could go as a

(50:52):
missionary doctor. He went. Hefinally was able to raise enough support and
go on pennies, but he went. That's how most missionaries go. We
live on pennies. Believe me,I've done it for years. I know
what it's like. And you heardme say earlier that my shirt came from
this was a hand me down,and many of my other shirts are from
thirst stores. That's just the wayyou make it when you're missionary folks.
It's okay, I'm happy. Andso anyway, he went to China.

(51:16):
You know, China was one ofthe big places when missionaries from Europe,
especially England America, when they went, they either went to Africa or China,
as a few went to India,but for whatever reason, the big
attraction was was Africa and China.He went to China and he was there
with his mission board and with theother missionaries, and he began to see
that they didn't live or act ordress like the local people. And he

(51:38):
thought, that's kind of strange.The Bible says in First Corinthians, be
a Jew to the Jew, aGreek to the Greek, week to the
week, all things to all people, that by all means we might save
some. So he started, hewent native. I did that in US
Army special for us. You start, you learn the local culture, you
start following, you dress like thelocals. Doe. He did that,
even had a pigtail, and allhis missionary friends and superiors were shocked.

(52:01):
They were stunned. They warned him, this is not the proper way.
They put a lot of pressure onhim. Finally he felt, I just
need to leave the mission board andgo independent. He did. Was poverty
stricken. No one knew how hecould ever make it. Folks, let
me tell you the rest of thisstory. It's an amazing story. He's
a man of great prayer, andhe started praying so hard and the next
thing you knew he had a partnerwho was helping him. The next thing

(52:22):
you knew, he had five moremissionaries helping him. The next thing you
knew, he had two dozen.And he continued to pray and pray and
pray, and pull out a mapof China and pray over different areas of
China. Before it was over,he had created the largest mission board in
the history of the world. Itwas larger than all other mission boards combined.
And to this day, nine outof ten Chinese Christians trace their origins

(52:45):
to Hudson Taylor. What a testimony, folks. And by the way,
the church in China is now thelargest church in the world. It's an
underground church. It's believed that theremay be as many as three hundred million
Chinese Christians, and the Chinese governmenthas recognized it as the greatest danger in
their country because it could turn Chinaaway from communism. Folks, What a

(53:07):
story from a man who started withnothing, and that could be anybody's testimony.
All you need is the faith ofa little child. All you need
is the faith of the size ofa mustard seed. But be consistent with
it, like Hudson Taylor was well, Folks, the time for us to
goo andize. We're close to theMond, Saint Martin singing a crill goodbye
and God bless all out there.They call it cREL goodbye. They think

(53:39):
we're just wasted the time. Allthree sibl me there's time for a creoo bad