[ Posted Wednesday, November 15th, 2017 – 18:11 UTC ]
There is one emerging scenario (which currently is in no way certain) where the Republican Party might just have to decide to swallow its outrage -- at least temporarily -- and welcome Senator Roy Moore into their ranks on Capitol Hill, no matter what he did with underage women in the past. Because if Moore wins his special election in Alabama while at the same time two Republican senators have publicly announced they'll be voting "no" on the GOP tax bill, then Moore's vote becomes the deciding one. If this comes to pass, the GOP will be faced with the hard choice of ignoring all their previous denunciations of Moore in order to pull off their first legislative win since Donald Trump took office. Call it a striking moral/political dilemma.
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[ Posted Tuesday, November 14th, 2017 – 17:58 UTC ]
The most popular game in Washington right now is trying to figure out where the Republicans are on their tax-cutting plan, and what they're about to do next. This game exists because nobody is really sure what's going to happen, leaving lots of room for rampant speculation. But the moves the Senate is apparently making right now (or, reportedly, at least seriously considering) either show that Republicans are pretty confident of their ability to get the legislation passed or that they're essentially creating excuses for why it isn't going to pass at all this year. Since these positions are so contradictory, it's worth examining the developing GOP politics over the tax bills.
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[ Posted Friday, November 10th, 2017 – 18:29 UTC ]
Democrats just had the first very good week they've had in an entire year. Tuesday night, they absolutely swept the board in the few elections that were held. Now, granted, this was an off-off-year election, so it's too soon to say whether this presages a Democratic wave (or even a Democratic tsunami) in next year's midterm elections, but that doesn't detract from the gains Democratic candidates made all over the map this week. Michael Murphy, a Republican political strategist, summed up the impact of Tuesday night thusly: "Donald Trump is an anchor for the GOP. We got that message in loud volume in Virginia. The canary in the coal mine didn't just pass out; its head exploded."
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[ Posted Wednesday, November 8th, 2017 – 18:13 UTC ]
For the first time in an entire year, millions of Democrats woke up hopeful today. Rather than the continuing despair over the inescapable fact of "President Donald Trump," Democrats now have solid reason for political optimism. All of this cheerfulness stems from the election results of last night, where Democrats didn't just win and they didn't just win big, they absolutely swept the board. Which has many now predicting the swell of last night is the leading edge of a Democratic wave election, in next year's congressional midterms.
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[ Posted Friday, November 3rd, 2017 – 17:56 UTC ]
To date, the two best hashtags we've seen to counter the just-released Republican tax plan are #BillionairesFirst and #NotOnePenny, so we decided to use them in our title. Because over the next few weeks, there will be a monstrous messaging battle between Republicans and Democrats over how their new tax cut plan should be framed. Democrats seem poised to win this battle, but then again there is no guarantee that's how it will play out. So today we thought we'd devote a large portion of the column to mustering up the arguments Democrats should immediately start making to any who will listen.
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[ Posted Thursday, November 2nd, 2017 – 17:42 UTC ]
With much fanfare, the Republican tax plan was unveiled today. This is an incredibly complex piece of legislation, so it's going to take more than one column to adequately examine what all their proposed changes will mean to American taxpayers. On many of these details, the GOP kept their cards pretty close to their vest until today, meaning this is the first chance everyone's got to figure out how each of these proposed changes will impact them personally. One idea which emerged a few days before the proposal was formally unveiled is to shrink Schedule A to "the size of a postcard." Schedule A is where taxpayers figure their itemized deductions, so it encompasses a lot of the other GOP proposals as well. But today, I'm going to focus on two in particular, because they provide some of the strongest arguments for Democrats and progressives to use in opposing this plan.
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[ Posted Wednesday, November 1st, 2017 – 18:06 UTC ]
Today we were all supposed to see the unveiling of the Republicans' tax plan, complete with facts and figures, drafted as a bill Congress could pass. This has not happened yet, because they can't agree among themselves over the details and are even now radically changing their own plan to assuage their own membership. We might see their tax plan tomorrow, but then again maybe we won't. There are many aspects of the GOP's tax plan that are broadly known so far, and others which are vague and ill-defined. The latter is what everyone's waiting to see, because drafting an actual bill means putting figures on paper rather than just creating political talking points -- which is so far all Republicans have done on many aspects of their plan. But they did put numbers to one radical change to the income tax law already, so their proposal to almost double the standard deduction while eliminating personal exemptions can already be subject to a deep and wonky dive into the numbers.
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[ Posted Friday, October 27th, 2017 – 17:29 UTC ]
There's an easy test to see whether Republicans in Congress care about financial deficits: Is there a Democrat in the White House? If so, then deficits are so important that the situation requires threats of government shutdowns and defaulting on the national debt to fight deficit spending. However, if there's a Republican in the White House, then (as Dick Cheney so eloquently put it) "deficits don't matter." This was on full hypocritical display once again this week, as congressional Republicans voted to blow a $1.5 trillion hole in the national debt, so that the wealthy and big corporations can enjoy massive tax cuts.
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[ Posted Wednesday, October 25th, 2017 – 17:45 UTC ]
Republicans are playing a game of peek-a-boo on their tax plan. They don't want to release the full details, because they know full well this will leave them open to attack from both the left ("Not one penny more for the One Percent!") and from the right ("Why are we blowing up the deficit, now that we're in charge?"). But the congressional Republicans who are in charge of drafting the tax bills do still need to gauge support for various proposals, so they are currently engaged in selective leaking in order to run these ideas up the old political flagpole, to see if they are salutable or not (so to speak) among their members. The latest of these is to sharply reduce the amount of tax-free income that can be socked away in a 401(k) retirement plan. President Donald Trump initially pushed back hard against this idea, but today indicated that he might just be open to negotiation on the issue. Which begs a much larger question: Will Trump actually go to the mat fighting for any particular tax issue? Or will Republicans just flat-out ignore the White House, knowing full well Trump is so desperate to sign a major piece of legislation that he'll agree to pretty much anything they come up with?
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[ Posted Monday, October 23rd, 2017 – 17:08 UTC ]
Call it the refusal of "trickle-down economics" to die. Ever since Ronald Reagan introduced the idea, Republicans have clung to a very mistaken concept -- that tax cuts always pay for themselves. Though proven false again and again, this is the fallback Republican position when trying to hoodwink the American public into massive tax cuts for those at the tippy-top of the income scale. "Don't worry," the GOP tells the public, "these tax cuts will generate so much new growth that they will pay for themselves!" As always, the reality turns out to fall far short of this lofty goal.
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