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‘THIS IS HUGE!’ Trump faces serious legal threat as federal appeals court revives emoluments case

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A court reinstated a lawsuit accusing President Donald Trump of violating the U.S. Constitution’s emoluments clauses.

The U.S. Court of Appeals in New York, by a 2-1 vote, reinstated the case brought by a restaurant group against the president, and the decision will force Trump to defend his actions and could lead to new revelations about his business and finances, reported Bloomberg.

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“We just won our Emoluments Clause appeal against President Trump in the 2d Circuit on behalf of hotels, restaurants, and restaurant workers injured by Trump’s unconstitutional and corrupt acceptance of foreign and domestic business,” tweeted Laurence Tribe, a Harvard Law professor who helped bring the case to court. “THIS IS HUGE!!!”

The court didn’t rule on the merits of the case but found the plaintiffs had alleged sufficient facts to allow the suit to move forward.

”The complaint sufficiently alleges that plaintiffs compete directly with Trump establishments and that the president’s allegedly illegal acts favor plaintiffs’ competitors,” the appeals court ruled.

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A lower-court judge had in December 2017 dismissed the case initially brought by a government-ethics group.

Trump has argued that he turned over management of his business to his children and set up a trust to hold his business assets, but the appeals court found that he still maintained sole ownership and gets regular updates on those businesses.

The president can also draw distributions from the trust at any time, the court found.

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The ruling found that the Restaurant Opportunities Centers United had plausibly claimed the president’s ownership of hospitality businesses gives his hotels and restaurants an unfair advantage for government patrons who might seek favorable actions from the executive branch he oversees.

The court dismissed Trump’s claims that the plaintiffs lacked legal standing to bring the suit, and ruled that the issue should be decided by the courts and not Congress.

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America’s millionaires just stopped paying into Social Security for the rest of 2020

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On Wednesday, not even two full months into 2020, millionaires will stop paying into Social Security for the year due to the program's payroll tax cap.

The cap limits annual wages subject to the Social Security payroll tax to the first $137,700. Sarah Rawlins, program associate at the Center for Economic and Policy Research (CEPR), wrote Tuesday that the cap means "someone who makes $1,000,000 per year stops paying into the program on February 19, 2020."

"That makes a millionaire's effective tax rate well below the 6.2% of income that most Americans pay," Rawlins noted. "Instead, it is less than 1% of a millionaire's income. The Social Security tax is only levied on wages, excluding income from other sources like capital gains, meaning those with wages over the cap likely have an effective tax rate even lower than this estimate."

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DOJ puts out bizarre late-night statement: AG Bill Barr ‘has no plans to resign’

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The Department of Justice put out a statement Tuesday evening denying that Attorney General Bill Barr would be resigning from office.

Kerri Kupec, the director of communications and public affairs at DOJ, issued the statement at 10:28 p.m. in Washington, DC.

"Addressing Beltway rumors: The Attorney General has no plans to resign," Kupec announced.

The denial came after a Washington Post report that Barr was considering quitting if Trump continues to tweet about active investigations.

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2020 Election

‘She’s your damn senator’: Emerson College blasted for leaving Elizabeth Warren out of 2020 poll

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Emerson College was blasted for leaving their own senator out of head-to-head matchups in their latest nationwide poll.

The poll showed four candidates with double-digit support. Sen. Bernie Sanders (I-VT) measured at 29%, former Vice President Joe Biden was at 22%, former NYC Mayor Mike Bloomberg was at 14% and Sen. Elizabeth Warren (D-MA) came in at 12%.

But the poll did not even test Warren in head-to-head matchups with Trump.

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