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Archive of Articles in the "Taxes" Category

Friday Talking Points -- Trump Begins Building Stone Wall

[ Posted Friday, March 8th, 2019 – 19:06 UTC ]

President Donald Trump, as we all know, is a big fan of walls. Big, beautiful walls, according to him. But although he's never gotten Mexico to pony up a single peso for his border wall, and is still having trouble convincing Congress that it's the right thing to do, when future historians look back on this week, they might mark it as when Trump began constructing a metaphorical wall between his administration and Congress. Because the first big block of stone was just deposited on the White House lawn -- with 81 more big stone blocks waiting in the wings.

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Bad News For Trump On Trade Deficit

[ Posted Wednesday, March 6th, 2019 – 17:52 UTC ]

For the past few decades in American politics, the idea that a successful businessman would make a good president has been in vogue, most notably on the right. George W. Bush was supposed to be our first "C.E.O. president," and Donald Trump ran a goodly portion of his campaign on the idea that "only he" could fix all of America's problems, because he was such a wildly successful businessman.

Neither premise turned out to be true, of course. Bush was soon tested in a way no businessman ever has been -- by a massive terrorist attack and the question of how America should respond to it. Trump was never all that successful a businessman in the first place (see: his multiple bankruptcies), and continues to show a rather profound ignorance of the way macroeconomics actually works. Nowhere is this more apparent than on the subject of international trade.

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Friday Talking Points -- Trump Unites Washington!

[ Posted Friday, March 1st, 2019 – 19:11 UTC ]

In a bizarre development this week, President Donald Trump brought unity to all the politicians in Washington. He managed this feat by failing to get any deal out of his much-hyped summit meeting with North Korea's murderous dictator Kim Jong Un. When news of this failure on the international stage reached Washington (in [...]

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Cohen Provides A Roadmap

[ Posted Thursday, February 28th, 2019 – 16:47 UTC ]

After yesterday's testimony before a House oversight committee, Michael Cohen is now being spoken of by some as "Trump's John Dean." This may be overstating the case a bit, but there certainly are parallels. Dean was a lawyer who flipped on Richard Nixon and worked with the prosecution and the Senate committee which was investigating Watergate, but Dean was a central figure in that scandal and held important jobs in the Nixon administration. Cohen is central to the hush money payoffs to Stormy Daniels, but by his own testimony was much more of a peripheral figure to the larger scandals facing Donald Trump right now. But just as Dean did in the Watergate investigation, Cohen may have provided an excellent roadmap indicating the direction congressional investigators should now take when it comes to exposing Trump's shadiness.

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Democrats Should Push Back On Lazy Media Tropes

[ Posted Monday, February 25th, 2019 – 18:58 UTC ]

Democrats are, if the political media is to be believed, in a soul-searching phase right now, deciding what exactly the party stands for and what they should run their next campaign on. They are deeply divided, the pundits tell us, between the "far left" and the pragmatists who don't want to win the primaries only to lose the general election. They can't even agree on which demographic will be the key one to delivering victory in 2020.

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Friday Talking Points -- Muellermas Eve?

[ Posted Friday, February 22nd, 2019 – 18:25 UTC ]

The news media -- once again -- has been in a frenzy over the possibility that Robert Mueller will wrap up his investigation next week and issue his long-awaited report. They've gone down this road before, as have President Trump's legal advisors (who have been telling Trump the whole thing is going to be over very soon now for almost a solid year and a half). So you'll forgive us for not being all that convinced that this is indeed the time that Lucy won't pull the football away, and we'll finally get to kick it thumpingly down the field!

Perhaps we're being a wee bit too cynical? Maybe. But then again, maybe not. We'll see what next week brings.

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Bernie's In

[ Posted Tuesday, February 19th, 2019 – 18:19 UTC ]

Will American voters "feel the Bern" in 2020? We're soon going to find out the answer to that question, since Senator Bernie Sanders just announced he'll be making a second run for the Democratic presidential nomination. To mix a few pyrotechnical metaphors, Bernie certainly caught fire once, but the question is whether lightning will strike twice for him again.

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Friday Talking Points -- Trump Throws His Biggest Hissy Fit Yet

[ Posted Friday, February 15th, 2019 – 18:28 UTC ]

Emergency! Ahh! Everybody run!

Sigh. Well, here we are. Not only has Donald Trump become the first president to order the military to do essentially nothing just to make a political point (see: midterms 2018, border deployment), he has now become the first president to declare a national emergency because he made a political promise he just couldn't keep. He couldn't keep it because -- counter to his own self-portrayal as a dealmaking genius -- Donald Trump is such a terrible dealmaker that he couldn't even get a Republican Congress to give him what he wanted, for two whole years. And if that isn't a national emergency, then what is?

Let's just take a moment to quickly review how we got here. Donald Trump began his presidential campaign warning about the flood of evil brown people who were coming to rape and murder us all in our own beds. He boiled this down into one call-and-response phrase to use at his rallies:

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Taking A Look At The Green New Deal

[ Posted Thursday, February 14th, 2019 – 18:09 UTC ]

Freshman Representative Alexandria Ocasio-Cortez has unveiled her first legislative effort, the "Green New Deal" resolution. The rollout was a little rocky, with some rookie mistakes made. But putting all that aside, I thought it'd be worthwhile to take a look at the actual text of the resolution itself. It's already being demonized by Republicans in a way not seen since the "death panels" demonization of Obamacare, so it's important to see what is actually in it, rather than the caricature of it that its opponents are already creating.

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A New Political Scale For Democrats

[ Posted Wednesday, February 13th, 2019 – 18:00 UTC ]

Do we need new labels to adequately describe the Democratic Party's ever-widening 2020 presidential field -- and, beyond, to more accurately describe the factions currently at play within the party at large? Because when most everyone agrees on the goals but differs mainly on the tactics that should be used to get there (or how fast we should try to get there), this doesn't really fit the old "leftist-versus-centrist" political scale at all anymore.

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