Biden Says He Will Reverse Trump’s Tax Cuts

BRENDAN SMIALOWSKI/AFP via Getty Images

By John Carney – 7/1/2020

Joe Biden told Wall Street donors to his campaign that he planned to reverse most of President Donald Trump’s tax cuts.

“I’m going to get rid of the bulk of Trump’s $2 trillion tax cut,” Biden said during a fundraising conference call, Fox Business Network reported. “And a lot of you may not like that but I’m going to close loopholes like capital gains and stepped-up basis.”

The former vice president said he would raise the corporate tax rate from 21 percent to 28 percent, which he estimated would raise taxes by $1.3 trillion over the next decade, FBN reported.

Biden said the tax cuts were “irresponsible, sugar-high tax cuts.” He claimed, without evidence, that cutting taxes made it “harder to foot the bill” for pandemic relief. In fact, interest rates have declined while government spending on pandemic relief programs has skyrocketed.

“We have to think as big as the challenge we face. But this is America, there is nothing we cannot do if we do it together,” Biden said, according to CNBC. “But I think the country is ready.”

The event raised at least $2 million, CNBC reported.

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DOJ Announces Arrest of Defense Official For Leaking Information to Journalists

 

The Justice Department on Wednesday announced the arrest of 30-year-old Henry Kyle Frese, a Defense Intelligence Agency employee, for leaking to journalists.

Henry Kyle Frese of Virginia was hit with two counts of willful transmission of national defense information.

According to the DOJ, Frese had a romantic relationship with one of the reporters he was transmitting top secret information to and if convicted, he faces up to 20 years in prison.

“In or about mid-April to early May 2018, FRESE accessed an intelligence report unrelated to his job duties on multiple occasions, which contained NDI classified at the TOP SECRET/SCI level, which related to a certain foreign country’s weapons systems,” the indictment said.

According to the indictment, Frese stated he was “down” to help the journalist who contacted him via Twitter direct message because “he wanted to see the journalist progress.”

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Update: The journalist Mr. Frese was leaking classified information to is Amanda Macias, a CNBC national security reporter.

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Frese gave Ms. Macias classified intelligence information that she and NBC News later used in reports on North Korea’s weapons systems, according to journalist Matthew Keys.

 

CNBC COMPLAINING FACEBOOK NOT DELETING INFOWARS ACCOUNTS FAST ENOUGH

CNBC Complaining Facebook Not Deleting Infowars Accounts Fast Enough

Compares removing accounts to a game of whack-a-mole

Daniel Taylor | Old-Thinker News – MAY 3, 2019

While anti-establishment voices are silenced, technological advancements are being made that will bring “fake news” to a whole new level. Who will remain to challenge it?

CNBC lamented shortly after Facebook announced its ban of Infowars that Facebook cannot completely clamp down on accounts, essentially playing “whack-a-mole.” CNBC reported:

It’s yet another sign that while huge companies such as Facebook and YouTube have to fight to keep content under control, it’s tough for both to monitor and remove accounts and content that can pop right back up with new pages. It’s like a big game of whack-a-mole.

Censorship is ramping up around the world as mainstream news outlets rally for “regulations” on the first amendment.

While anti-establishment voices are silenced, technological advancements are being made that will bring “fake news” to a whole new level.

Artificial Intelligence systems are currently being developed that will “deep fake” news articles, just as photos and videos have been infamously faked.

In a little-noticed story in July of 2017, it was revealed that a Google grant of €706,000 was given to the United Kingdom’s Press Association to use artificial intelligence to write news articles.

The A.I. system, called RADAR (Reporters And Data And Robots), comes from Google’s Digital News Initiative.

As reported by the Guardian, RADAR will “…auto-generate graphics, video and pictures to add to stories.”

 

TOP DEM SEN. MARK WARNER: GOOGLE MUST DO MORE TO CENSOR YOUTUBE

Top Dem Sen. Mark Warner: Google Must Do More to Censor YouTube

Warner is the top Democrat on the Senate Intelligence Committee and his threats hold a lot of sway

Information Liberation – NOVEMBER 19, 2018

Democrat Senator Mark Warner on CNBC Friday lambasted Google for not doing enough to censor YouTube, which he said is a hotbed for “radicalization,” but offered praise to Twitter CEO Jack Dorsey for being “aggressive in moving to work with us.”

Warner is the top Democrat on the Senate Intelligence Committee and his threats hold a lot of sway.

From the Free Beacon:

Sen. Mark Warner (D., Va.) on Friday criticized tech companies for providing a platform for radicalization and foreign interference.

The social media network Facebook has come under scrutiny recently for how, according to multiple reports, it failed to address Russian interference in the 2016 election. Asked about whether Facebook’s issues overshadowed other tech companies’, Warner said the worst problems stem from Google and its subsidiary YouTube.

“The real disappointing company, as well, has been Google,” he said. “Google didn’t even send a senior leadership person to our committee.”

“As more and more evidence comes out that the real place where fake accounts are manipulating, where a lot of the foreign activity–not just Russian, but Chinese, Iranian and others–have headed is on the YouTube platform, where more radicalization goes on than, frankly, on Facebook,” he added.

Though he wouldn’t let Twitter off the hook, Warner said he gives Twitter CEO Jack Dorsey “credit” because “he’s in recent months been more aggressive in moving to work with us on policy solutions.”

As I reported earlier this month, just days before the midterms Jack Dorsey banned some 10,000 accounts at the request of the partisan Democratic Congressional Campaign Committee.

report in The New York Times last week said that Senate Minority Leader Charles Schumer (D-N.Y.) — whose daughter Alison works at Facebook — told Warner to “back off” of Facebook:

Back off, [Schumer] told Mr. Warner, according to a Facebook employee briefed on Mr. Schumer’s intervention. Mr. Warner should be looking for ways to work with Facebook, Mr. Schumer advised, not harm it. Facebook lobbyists were kept abreast of Mr. Schumer’s efforts to protect the company, according to the employee.

Earlier this year, Democrat Chris Murphy reacted to Big Tech’s coordinated banning of Infowars by demanding more censorship across the board, insisting “the survival of our democracy depends on it.”

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“Infowars is the tip of a giant iceberg of hate and lies that uses sites like Facebook and YouTube to tear our nation apart,” Murphy wrote August 6 on Twitter. “These companies must do more than take down one website. The survival of our democracy depends on it.”

Democrat Seth Moulton of Massachusetts, while claiming to support free speech, also cheered the banning of Infowars and made up fake news that Alex Jones was “inciting violence,” despite every site saying they banned him for his speech.

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The Democrats’ plan for internet censorship, which was written by Warner, leaked in late July and it showed they wanted to effectively eliminate all anonymity on the internet.

Warner and other Democrats appear to have effectively pressured Facebook and other Big Tech companies to censor right-wing voices by threatening to regulate them into the ground. Meanwhile, Republicans did nothing to stop their blatant election interference — which may have lost them the House as a result — and despite threatening action on Twitter President Trump has failed to issue any executive orders to secure free speech online.

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