Jordan Candler / Apr. 9, 2021

Friday Executive News Summary

Biden’s costly tax hike, record border apprehensions, an alarming ATF pick, and more.

Top of the Fold

  • National Association of Manufacturers study: Tax hikes will cost a million jobs in first 24 months (Breitbart)

“The study, authored by Rice University economists John W. Diamond and George R. Zodrow, calculated the effects of increasing the corporate tax rate to 28%, increasing the top marginal tax rate, repealing the 20% pass-through deduction, eliminating certain expensing provisions, and taxing capital gains as ordinary income for individuals earning $1 million or more. They found that the U.S. would lose one million jobs in the first two years, GDP would be $117 billion lower by 2023, and ordinary capital, or investments in equipment and structures, would be $80 billion less in 2023.”

  • CPB stopped nearly 19,000 migrant children in March — the most ever in a single month (Forbes)

“Authorities apprehended more than 172,000 total migrants at the U.S.-Mexico border last month, a 71% increase from February. … The number of arrivals of unaccompanied migrant children at the border has grown particularly fast in recent weeks, doubling to 18,890 in March from 9,457 in February. … The Biden administration has struggled to house the influx of unaccompanied migrant children, leading officials to lift Covid-19 capacity limits at shelters and to open up a number of emergency facilities.”

Addendum: “Biden administration is spending $60 million per week to shelter unaccompanied minors.” —Washington Post

Government & Politics

  • ChiCom Joe backtracks as China expresses fury over possible Beijing Olympics boycott (Washington Times)

  • “David Chipman’s anti-constitutional lobbying career clearly disqualifies him from holding public office”: Biden ATF pick alarms gun rights groups (Fox News)

  • YouTube pulls video of Governor Ron DeSantis’s roundtable with physicians and scientists (Daily Wire)


  • Double standards: Amazon is protecting Hunter Biden’s memoir from bad reviews (PJ Media)

  • Indiana AG announces warranted investigation of large tech companies over censorship of conservative viewpoints (Disrn)

Culture & Heartland

  • Ex-NFLer identified as suspect who killed five, then himself, in South Carolina (Fox News)

  • Big blow to the defense: Medical specialist testifies lack of oxygen, not drugs, killed George Floyd (AP)

  • CNN finds something new to be offended by, warns of “racist” fonts that “communicate Asianness” (Fox News)

  • “A silent but strong guardian over any infant surviving an abortion”: Wyoming Governor signs Born Alive Act (Daily Caller)

  • The inmates run the asylum: New York will unbelievably spend $2.1 billion to give $15,600 checks to illegal immigrants (Free Beacon)

Second Amendment

  • Arizona Governor Doug Ducey signs bill protecting state gun laws from federal legislation (Fox News)

  • Governor Bill Lee signs permitless carry bill into law as Tennessee joins 18 other states (Tennessean)

Closing Arguments

  • Policy: Amazon’s support for a corporate tax hike should be a giant red flag (FEE)

  • Policy: Biden’s infrastructure proposal includes no serious attempt to control runaway costs (City Journal)

  • Humor: Biden unveils $4 trillion bill for dinosaur statues, giant twine balls to restore nation’s crumbling highway attractions (The Onion)

For more of today’s editors’ choice headlines, visit Headline Report.

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