ChrisWeigant.com

Archive of Articles in the "Taxes" Category

A New Tariff In Town

[ Posted Thursday, March 22nd, 2018 – 17:22 UTC ]

President Trump's White House made two announcements on tariffs today, which was likely not a coincidence. The big announcement was that Trump will be levying new tariffs on $60 billion of Chinese goods. Specifics will follow, within a few weeks. The timing of this may have been intentional, because the Trump administration also revealed today that the steel and aluminum tariffs aren't going to be anywhere near as tough as Trump initially stated. If the idea was for one bit of tariff news to hide the other, this largely seems to have worked. However, the big tariff news caused the Dow Jones Industrial Average to react by plummeting 700 points.

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Democrats Should Run Against Ryan And McConnell

[ Posted Wednesday, March 21st, 2018 – 17:19 UTC ]

Although it hasn't gotten a whole lot of media attention yet, this is another one of those weeks when Congress actually does something, because they are forced to. A handful of times each year, Congress runs up against a calendar deadline (usually one of their own making), and is thus forced to pass a bill or else (choose one): the federal government will shut down, the country will default on the national debt, some large group of people will be royally screwed by congressional inaction, or (the worst of them all, to congresscritters) one of the enormous number of congressional vacation weeks will be in peril of being delayed or cancelled.

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Dare Trump To Face The Press

[ Posted Monday, March 19th, 2018 – 16:38 UTC ]

At the end of this week, President Trump will hit a milestone -- he will have gone a whopping 400 days since giving a formal solo press conference. In his entire 14 months in office, he has given precisely one such press conference, in February of 2017. So what is he so afraid of? The press corps needs to do a much better job of pointing this out, by absolutely daring Trump to hold another no-holds-barred press conference.

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Friday Talking Points [476] -- "Everybody Fears The Perp Walk"

[ Posted Friday, March 16th, 2018 – 17:06 UTC ]

This week's episode of As The White House Turns opened with a shock -- the handsome Rex was ousted by a tweet! How embarrassing! Then his buddy backed up his story, and he was immediately fired, too. Out West, an official administration spokesman quit in disgust over being asked to blatantly lie to the media. Then Trump's body man was frogmarched off White House grounds, over reports he was a gambler fond of making five-figure bets. By week's end, H. R. was teetering on the brink of extinction as well. Will he be pushed over the edge this weekend? Who will be the next to go? Will it be sleepy-eyed Ben? Or General John? Will Andy be fired mere hours before he can retire with a full pension? Tune in next week to find out! The answers will astound you!

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Aftershocks From The Lambquake

[ Posted Wednesday, March 14th, 2018 – 17:04 UTC ]

In practical terms, the election of Democrat Conor Lamb to Pennsylvania's 18th congressional district isn't all that big a deal. Control of the House will not switch, so Paul Ryan will remain as speaker (with one less vote he can count on). Lamb will hold the seat only until November, when the district itself will disappear in the new redistricting map imposed by the state supreme court (to counteract the egregious Republican gerrymandering). So, practically, nothing much will change. In both political and psychological terms, however, the effect of Lamb's victory has to be measured on the Richter scale, because it certainly shook up Washington in a very big way. Congress felt the earth move last night, as the political tectonic plates realigned.

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Nail-Biter In Pennsylvania

[ Posted Tuesday, March 13th, 2018 – 20:00 UTC ]

As I sit down to write, final election results are not currently known from the 18th House district in Pennsylvania, where Democrat Conor Lamb is making a surprisingly strong showing against Republican Rick Saccone. From listening to experts tonight, I drew one astounding takeaway -- there are 115 other House districts that are more competitive than this one. Think about that -- a Democrat is within reach of victory in a district that is only 116th-most competitive. That will have repercussions in November, obviously.

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Friday Talking Points [475] -- Stormy Weather

[ Posted Friday, March 9th, 2018 – 19:00 UTC ]

This week, porn star Stormy Daniels sued the president, to nullify the hush agreement between them which resulted in her getting paid $130,000 hush money mere weeks before the 2016 election.

We will now take a pause for everyone to consider exactly what would be happening right now in Washington if this story was exactly the same except for the name "President Barack Obama." Just imagine what the response would have been from congressional Republicans! Especially if the porn star were white.

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Checking In With Trump's Polling

[ Posted Wednesday, March 7th, 2018 – 18:19 UTC ]

Since it's been more than a few months, I thought today would be a good time to check in to see how President Donald Trump's job approval polling has been doing. There has been a lot of activity since the last time we looked, including two bumps and a slide. As always, the numbers discussed come from the Real Clear Politics "poll of polls" rolling average tracking page.

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Connecting The Dots On Trump's Tariffs

[ Posted Monday, March 5th, 2018 – 18:24 UTC ]

There are two dots that are pretty easy (in retrospect) to connect, when looking for a reason for the hasty timing of President Trump's recent announcement of new steel and aluminum tariffs. In fact, the connection is so jaw-droppingly obvious (again -- after it is pointed out) that it's a mystery why more people inside the Beltway are seemingly not yet aware of it.

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Friday Talking Points [474] -- "Trade Wars Are Good!" (As Hope Leaves The Building)

[ Posted Friday, March 2nd, 2018 – 18:18 UTC ]

Once again, it is the end of another fun week at the White House. Let's see, we had the president's son-in-law stripped of his top secret security clearance (right as two brand new Jared Kushner scandals were revealed, just as icing on the cake). We had a cabinet member in hot water over buying a $31,000 table for his office, assumably so he could be more comfortable while slashing billions of dollars for poor people. The top North Korea expert at the State Department quit, out of frustration with Trump's incoherent policies. Trump met with the N.R.A., but then seemed to agree with everything Democrats proposed during a meeting on gun control -- after which, the N.R.A. met with Trump again in a desperate move to yank him back to their extreme positions. We had Trump smacking his own attorney general around again, and amusingly learned that Trump sometimes calls him "Mr. Magoo" behind his back. Trump so annoyed the president of Mexico in a phone call that he cancelled a planned meeting with Trump in Washington. We had Russia announce a new nuclear arms race, and Trump announce a new trade war -- apparently because he was so annoyed at all the other bad news that he wanted to create some of his own. After the inevitable pushback, he insisted on Twitter that "Trade wars are good, and easy to win!" Well, we're all about to find out, aren't we? And to cap the week off, one of Trump's closest advisors, Hope Hicks, testified before Congress that her job required her to tell "white lies" to the public on a regular basis. The next day, she announced she was leaving the White House.

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