In Order To Ensure You Can View All The Graphics, ([link removed])

Click Here To View The Hotline In Your Browser ([link removed])
[link removed]

Unleash Prosperity Hotline
Issue #1265
05/15/2025
New to the Hotline? Click ([link removed]) here to subscribe–it's free. ([link removed])

1) Why Won’t Republicans Eliminate Blue State Tax Subsidies?

Not one Democrat in the House or Senate will vote for the Trump tax bill, yet the Republicans in Congress insist on retaining and even expanding the state and local tax SALT deduction for companies and individuals, even though 75% of the benefits go to blue states!

In other words, SALT isn't just awful economic policy - because it rewards higher property and income taxes in state capitals and cities - but it's politically dumb as a a stone.

The list below shows the 10 states with the highest business taxes and the worst climate for business in 2024. Every one of them is a deep blue state run by a liberal governor:
[link removed]
[link removed]

The way to pay for the Trump 15% corporate tax rate is to put a cap on the corporate state and local tax deduction based on a percentage of their adjusted gross income.

This would incentivize businesses to move headquarters and operations out of blue states into lower tax red states. It would also force states like New Jersey and New York to lower their taxes to the benefit of their own residents.

It would not raise the effective tax rate on American corporations because the tax rate on their profits would fall from 21% to 15%.
[link removed] Share ([link removed])
[link removed] Share ([link removed])
[link removed] Share ([link removed])
View on Website ([link removed])

2) Even California Is Eliminating Medicaid for Illegal Aliens – But Congress Won’t

Less than a week after insisting he was full-steam ahead on giving free health care to illegals, Gavin Newsom has hit the pause button.
[link removed]

U.S. Rep. Kevin Kiley, who has been hammering Newsom on this issue responded:
[link removed]

This is good news, but at the same time, while the most liberal state in the country is reducing Medicaid eligibility, Congress is backing off similar reforms nationally. Why?
[link removed] Share ([link removed])
[link removed] Share ([link removed])
[link removed] Share ([link removed])
View on Website ([link removed])

3) Men NOT at Work

There are at least six million job openings in the U.S., yet we have a record number of working age men not working. Maybe one reason is the Feds are still paying people welfare not to work.

Brad Wilcox and Grant Bailey of the Institute for Family Studies report:

The 2024 Current Population Survey indicates that 31% of men ages 25-40 who are not working full-time collected some form of cash or cash-equivalent benefit in the form of food stamps, Social Security for disability, Supplemental Security Income, or unemployment insurance in the prior year. Such benefits are particularly common among the nearly 4 million men in this age group who are not in the labor force, of whom 40% had received some cash or cash-equivalent government benefit. This doesn't include other non-cash government supports, like health insurance or reduced rent.
[link removed]

As our UP economic advisory board member David Bahnsen points out in his great book Full Time: Work and the Meaning of Life ([link removed]) , this trend of young men not working is an economic and social catastrophe for America if it continues. Work is highly associated with dignity, happiness, health, marriage and intact families.
[link removed] Share ([link removed])
[link removed] Share ([link removed])
[link removed] Share ([link removed])
View on Website ([link removed])

4) America Hasn’t Lost Manufacturing Jobs – the Blue States Have

Middlebury College professor Gary Winslett somehow got the Washington Post (of all places) to print this list of the key ingredients that caused the Midwest to rust and the South to boom. It reads like a greatest hits of HOTLINE themes:

Right-to-work laws, cheap energy, affordable housing, low-cost land, fast permitting, low taxes, immigration. That's a powerful combination, and it has had big effects. In 1992, there was not a single auto plant in Alabama. Today, Alabama is the No. 1 auto-exporting state, producing more than 1 million vehicles a year. That's brought more than 50,000 jobs and billions of dollars in investment. Instead of a Big Three, it has a Big Five (Honda, Toyota, Hyundai, Mercedes-Benz and Mazda) along with an ever-expanding web of suppliers. This is just one example of the South's burgeoning economic prowess...

Both parties prefer simple villains, whether it's China or greedy corporations. But what's needed isn't more warm fuzzies about the way things used to be or globalization scapegoating. It is a clear-eyed approach that understands why companies choose Alabama over Ohio and that embraces the choices made by Southern states.
[link removed]

This chart from the Economic Innovation Group tells the same story:
[link removed]
[link removed]

The new big government Republicans called National Conservatives (NatCons) want to expand unions and repeal right to work laws at the same time they say they want to bring manufacturing jobs back to the Midwest and the Northeast. These NatCons are supposedly smart people, but they have a hard time seeing that these are completely contradictory goals.
[link removed] Share ([link removed])
[link removed] Share ([link removed])
[link removed] Share ([link removed])
View on Website ([link removed])

5) Arthur Laffer Is on X

Who says you can’t teach an old dog new tricks?

On the eve of the 50th anniversary of the Laffer curve written on that famous napkin, Unleash Prosperity Co-Founder Arthur Laffer has FINALLY entered the 21st century and has joined the X community to share his wit and wisdom. So please become a follower here ([link removed]) :
[link removed]
[link removed] Share ([link removed])
[link removed] Share ([link removed])
[link removed] Share ([link removed])
View on Website ([link removed])

6) Media Calls This a “Trump Retreat”

Know anyone else who would appreciate the Hotline? Please direct them to subscribe at: [link removed] ([link removed])

Have an idea for an item that should be in our newsletter? Send us any charts, statistics, heroes/villains, or humor that you’d like to see featured!
[link removed]
[link removed]
[link removed]

Copyright (C) 2025 Unleash Prosperity. All rights reserved.
You are receiving this email because you opted in via our website.
Our mailing address is:
Unleash Prosperity
1155 15th St NW Ste 525
Washington, DC xxxxxx-2706
USA
Want to change how you receive these emails?
You can update your preferences ([link removed]) or unsubscribe ([link removed])