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The Reasonable American, Continued

A recent Real Clear Politics-Emerson poll shows Pennsylvania residents oppose capping the wealth of individuals but appear to support raising taxes on billionaires and corporations. As RCP reports:

We began by asking Pennsylvanians whether the law should cap how much wealth any one person may hold. The answer was a “no”: 62% oppose such a maximum, compared with 21% who support it, and 17% who aren’t sure. That might make Pennsylvania look comfortable with concentrated wealth, but the rest of the survey suggests otherwise. We also find that 64% of respondents support raising taxes on billionaires, wealthy corporations, and Big

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2026-07-28T20:00:27+00:00July 28, 2026|

S Corp Mod Introduced in Congress

Good news for the S corporation community! Ways and Means Member Mike Carey (R-OH) has teamed up with Senator Tim Sheehy (R-MT) to introduce the House version of the S Corporation Modernization Act of 2026 (H.R. 9840).  “S Corp Mod” has a long history of simplifying the rules for Main Street businesses, making it easier for them to remain viable in an increasingly difficult business environment.

S corporations were created 70 years ago to help small and family-owned businesses better compete with public companies. At the time, Republicans and Democrats alike were alarmed that too much economic activity was being consolidated

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2026-07-23T18:13:38+00:00July 23, 2026|

Wealth Taxes (Still) An Existential Threat

Even before California voters have a chance to weigh in this November, the state’s proposed billionaire tax has already helped drive billions (if not trillions) of dollars in wealth and investment elsewhere. Rather than reconsider the approach, Governor Gavin Newsom is now calling for a national wealth tax, arguing the same policy should be exported nationwide.

Meanwhile, the Washington Post reports that progressives increasingly see a genuine opening for a federal wealth tax, believing the political environment has shifted in their favor. At the state level, proposals continue to proliferate, building on Senator Elizabeth Warren’s

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2026-07-22T13:25:04+00:00July 21, 2026|

Webinar Recap: Voters, Taxes, and the Midterms

As we head into the midterms, longtime S-CORP allies David Winston and Myra Miller of The Winston Group joined us to walk through their latest polling on tax policy, spending, and where the voters stand heading into the next big tax fight.

With concerns over debt, deficits, and Social Security’s pending insolvency mounting, the Winston Group’s research suggests Main Street enters the debate from a position of strength, but only if we build a foundation of understanding upon a number of key economic realities.

As we’ve covered before, when voters are

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2026-07-17T16:41:28+00:00July 17, 2026|

Got Revenue? Yes, We Do.

One of the narratives Main Street needs to counter is that the tax cuts enacted in 2017 and 2025 are depriving the federal government of necessary revenue. As our friends at the Winston Group make clear in a recent video, revenues from individuals and corporations alike are up sharply, even when inflation is taken into account:

Here’s what they say in the accompanying write-up:

  • From 2017 to 2025, revenues to the federal government increased 58%. Inflation increased 31% over that same timeframe, but revenues increased at almost twice the

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2026-07-16T18:57:02+00:00July 16, 2026|