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Unleash Prosperity Hotline – Weekend Edition
Issue #1232
03/28/2025 – 03/30/2025
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1) More Tax Cuts and Less Tariffs, Please

No matter what one thinks of Trump tariffs, the strategy so far has been a political and economic liability.

Trump was surfing on his highest-ever wave of voter support at the start of his second term right up to mid February, the very moment he changed the subject to tariffs. Since then, as pollster Scott Rasmussen notes, Trump's numbers have descended.
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The tariffs have also corresponded with the stock market sell off. The decline in the value of 401k plans has in turn only deepened voter anxiety. The New York Fed predicted this in December in a paper analyzing Trump's first term tariff announcements:
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Trump has said that his tariffs "will continue to spur growth that you've never seen before."

He may be proven right on the reciprocal tariffs - and we profoundly hope he is. But they haven't so far.

We urge he president to change his message. He should be relentlessly selling his "big, beautiful" tax cut and bully whip Congress to get the bill on his desk for a big, beautiful and bullish bill signing ceremony.

Now THAT would cause a market rally like you’ve never seen before!

Tax cuts unify conservatives and the nation. Tariffs are having the opposite effect.
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2) Republicans For Higher Tax Rates? Say It Ain't So

We almost fell out of our rocking chairs when we heard rumors from political insiders that even though the 21% corporate rate was made permanent in the 2017 law, it could be revisited and raised - with Republican support - in this year's tax bill, as a way to pay for other tax cuts.

This makes no sense, because the 21% rate was the gemstone of the 2017 TCJA and has been a huge success at making the U.S. more competitive and luring capital into the U.S. Also, revenues went UP when the rate was cut and could go down if the rate were increased.

UP co-founder Steve Forbes has this key advice:
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3) Can We FINALLY End Taxpayer Funding of NPR?

Once upon a time - back in the 1970s - there were only a handful of places to get news - and one of them was National Public Radio. Today, Americans have access to thousands of diverse news stations on radio, TV and smartphones. None of them cost taxpayers a dime.

NPR is at best unnecessary and at worst so left leaning that it sounds like a daily mouthpiece for the progressives.

As you've probably heard, the CEO of NPR, Katherine Mayer, called President Trump a "Deranged, racist sociopath." Maybe she thinks that language plays to NPR's listeners.

Uri Berliner, a former NPR senior business editor who resigned last year over its increasing bias, found that in D.C. (where NPR is headquartered), there were 87 registered Democrats working in editorial positions and zero Republicans. ([link removed]) Fair and balanced.

The hundreds of millions of federal tax dollars that subsidize public TV and radio represent a wealth transfer from poorer Americans to the significantly wealthier audiences who tune into them. If NPR is of any value, surely the rich and famous niche audience who virtue signal by listening to it can afford to pay for it themselves. Or they can turn on MSNBC or CNN for their daily fake news.
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4) HOTLINE Wins Again

Just two days after the HOTLINE called for release ([link removed]) of stalled supplemental H-2Bs seasonal work visas, the Trump administration did just that:
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Kudos, Mr. Trump and keep reading.
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5) Putting the Band Back Together

As you all know Larry Kudlow shamefully resigned as a cofounder of UP officially in 2018 when Trump selected him to be the nation's chief economist. And then, instead of coming crawling back to us when that gig was over, he opted to host the Kudlow show at Fox Business, which appears at 4pm eastern every week night. That continues to be the number one rated business show on all of TV.

Earlier this week, the fearsome foursome reunited on the Kudlow show set. All is forgiven!
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6) He Needs to Work on His Pitch

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