Louisiana Gov. John Bel Edwards reelected in blow to Trump

John Bel Edwards

Democratic Gov. John Bel Edwards is projected to narrowly win a second term as Louisiana governor, beating Republican challenger Eddie Rispone by 1.4 percentage points and delivering another blow in off-cycle elections to President Donald Trump.

Edwards was up by over 19,000 votes with 96% of precincts reporting Saturday night, according to the Associated Press.

Edwards’ victory in a state that Trump carried in 2016 by nearly 20 percentage points highlights the limitations of nationalizing local races. Rispone, a wealthy businessman and long-time Republican donor, tied himself to Trump. He often railed against illegal immigrants on the campaign trail and portrayed Edwards as a "liberal, socialist-leaning governor."

But Edwards, a conservative Democrat, managed to remain fairly popular by frequently breaking with national Democrats. He signed into law one of the most restrictive abortion bills in the country, favored gun rights, and touted his willingness to work with Republicans, including Trump.

 President Donald J. Trump Edwards also earned a level of goodwill in his first term for his focus on local issues, such as ending the budget crisis created by his predecessor and expanding Medicaid.

Louisiana is the second reliably red state that voted for Trump to elect a Democrat as governor in the past month. Kentucky elected Attorney General Andy Beshear over GOP incumbent Gov. Matt Bevin, despite Trump’s campaign efforts in the state.

Edwards was a top target for the GOP as the Republican National Committee spent $2 million to defeat him and Trump visited the state three times in five weeks to support Rispone.

Before the polls closed Saturday, Trump tweeted multiple times encouraging voters to support Rispone.

Louisiana, 3 hours left, get

Read more: http://electionnewschannel.com/top-news/125803-louisiana-gov-john-bel-edwards-reelected-in-blow-to-trump

Chris Wallace: If You’re ‘Not Moved’ By Yovanovitch, ‘You Don’t Have A Pulse’

The Fox News anchor noted her extensive résumé and long bipartisan service as a U.S. diplomat.

x News’ Chris Wallace told viewers on Friday that if they “were not moved by the testimony of” former U.S. ambassador to Ukraine Marie Yovanovitch, they “don’t have a pulse.”

The anchor’s remarks came as Yovanovitch, the latest witness in the impeachment inquiry of President Donald Trump, appeared before the House Intelligence Committee to detail her May ouster from her envoy post.Yovanovitch testified that Trump allies led by one of the president’s personal lawyers, former New York Mayor Rudy Giuliani waged a “smear campaign” against her, feeding unsubstantiated allegations to right-wing media to malign her.

Wallace ― whose own network took part in amplifying attacks on Yovanovitch ― called attention to her more than three decades of diplomatic service, including posts in Somalia and Uzbekistan and her “story of being a leading fighter against corruption in Ukraine.”

Kyle Griffin ✔@kylegriffin1

Fox News' Chris Wallace: "If you were not moved by the testimony of Marie Yovanovitch today, you don't have a pulse. This is a woman who had served in seven posts for presidents of both parties over more than 30 years."

12:40 PM - Nov 15, 2019

Giuliani has accused Yovanovitch of handing Ukrainian officials a “do not prosecute” list to protect Americans, though she has denied the unproven allegation. In her testimony, she said that her efforts to root out corruption had intimidated Ukrainians, and for that reason they wanted her dismissed.

Wallace’s emphasis on Yovanovitch’s career is a significant break from the overall Fox News focus on the efforts by Republican lawmakers to downplay and discount the seemingly damning revelations about Trump’s conduct provided by witnesses in

Read more: http://electionnewschannel.com/top-news/125741-chris-wallace-if-you-re-not-moved-by-yovanovitch-you-don-t-have-a-pulse

Some Would Be Taxed Over 100% Under Elizabeth Warren's Plan

Elizabeth Warren's crusade against rich people is even worse than we thought. According to Richard Rubin of the Wall Street Journal, some millionaires and billionaires would experience tax rates of over 100 percent on investments under Warren's proposals.

Potential tax rates over 100% could result from the combination of tax increases the Massachusetts senator proposes for the very top tier of investors. She wants to return the top income-tax rate to 39.6% from 37%, impose a new 14.8% tax for Social Security, add an annual tax of up to 6% on accumulated wealth and require rich investors to pay capital-gains taxes at the same rates as other income even if they don't sell their assets.

Consider a billionaire with a $1,000 investment who earns a 6% return, or $60, received as a capital gain, dividend or interest. If all of Ms. Warren's taxes are implemented, he could owe 58.2% of that, or $35 in federal tax. Plus, his entire investment would incur a 6% wealth tax, i.e., at least $60. The result: taxes as high as $95 on income of $60 for a combined tax rate of 158%.

The rate would vary according to the investor's circumstances, any state taxes, the profitability of his investments and as-yet-unspecified policy details, but tax rates of over 100% on investment income would be typical, especially for billionaires.

Warren has promised free healthcare, childcare, housing, and education, amongst other things, and has promised to do so without raising taxes on the middle class. Her plan to pay for Medicare for All without raising taxes on the middle class can't even be done, and that's just one proposal. Warren's plans to pay for all of her proposals are clearly more radical than she wants us to believe. "Under current law, investors without dividends can add their annual gains to their fortunes and pay little or no income tax," Rubin explains. "After Ms. Warren's one-two punch, some billionaires who generate pretax returns could pay annual taxes that would leave them with less money than they started with."

"That isn't an unintended consequence," Rubin added. "For progressive-tax advocates, breaking up concentrated wealth is a goal."




Read more: http://electionnewschannel.com/top-news/125665-some-would-be-taxed-over-100-under-elizabeth-warren-s-plan

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