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Archive of Articles in the "Taxes" Category

Friday Talking Points [340] -- Obama Earning His Nobel

[ Posted Friday, April 3rd, 2015 – 16:49 UTC ]

President Barack Obama is finally earning his Nobel Peace Prize, it seems. A few months back, he announced a major shift in U.S. policy towards Cuba, ending a half-century of frostiness, and this week the outlines of a deal to avoid a war with Iran were unveiled, thawing a relationship that froze over back in 1979. Both of these foreign policy accomplishments go a long way towards deserving the Nobel Peace Prize Obama was prematurely awarded in 2009. At the time, many (this column included) joked that the Nobel committee was really awarding the prize to Obama for the sole achievement of "not being George W. Bush." But it seems now that by the time he ends his term in office, Barack Obama will indeed have earned the world's foremost peacemaker's prize. Since this is Good Friday, perhaps a Bible quotation is in order: "Blessed are the peacemakers, for they will be called children of God."

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Guest Author -- Ten Tax Cuts And Who They Benefit

[ Posted Friday, March 20th, 2015 – 16:20 UTC ]

It's tax season once again and I'd like to address a question that I rarely see addressed: Who do tax cuts benefit?

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Ending The Federal Government's Doublethink On Marijuana

[ Posted Wednesday, March 11th, 2015 – 18:01 UTC ]

Marijuana legal reform has made great strides over the past few years. Four states are now allowing their citizens to freely use recreational marijuana. Washington D.C. -- the seat of the federal government itself -- has joined Alaska, Colorado, Oregon, and Washington state in fully legalizing marijuana. Almost half the states (23 of them) have legalized medical use of marijuana, and an additional dozen have allowed for heavily-restricted medical use of some form of the plant or another. That adds up to over seventy percent of America. Yet the federal laws have not budged an inch, and remain Draconian in their condemnation of any use of marijuana.

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Another Failure Of All-Or-Nothingism

[ Posted Wednesday, March 4th, 2015 – 17:37 UTC ]

The radical Republicans just suffered yet another big defeat. President Obama today signed into law the "clean" budget for the Department of Homeland Security he had been demanding all along. For the last three months, we've all been watching the Kabuki drama play out, but the ultimate outcome was never really much in doubt. Like a badly-written detective drama where the audience spots the killer in the opening act, almost everyone knew the Tea Partiers were going to lose this battle. What is mystifying is that the battlelines were drawn by the very people who were going to lose. Perhaps mystifying is the wrong word to use. True believers are always mystifying to those who don't profess the same faith. Because this increasingly looks, from the outside, like nothing more than pure religious faith, after all. If I were to label this religious belief system, I would have to call it "All-Or-Nothingism." I would define it as: "An overpowering faith that refusing to compromise and refusing to accept partial or incremental victory will win over all your opponents in the end and give you 100 percent of what you seek."

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Obamacare On The Docket Again

[ Posted Monday, March 2nd, 2015 – 16:41 UTC ]

This will be a rather busy week in the political world. We've got the Prime Minister of Israel giving a controversial speech before Congress tomorrow, and then at the end of the week we'll have another round of government shutdown follies, courtesy of the House Republicans. Between these two events, the Supreme Court is going to be busy with a few questions in the political arena. The most prominent of these cases is King v. Burwell, which puts Obamacare back on the docket.

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Elizabeth Warren's "Put Up Or Shut Up" Viral Video

[ Posted Thursday, February 26th, 2015 – 18:27 UTC ]

Recently Republicans seem to have discovered the struggles of America's middle class. Out of nowhere, they're suddenly talking about this problem. Well that's great, but talk is cheap and when it comes to action, these Republicans seem to have amnesia about what they've actually done to hard-working Americans. Republican trickle-down policies created tax breaks and loopholes for the wealthy while leaving working families to pick up the pieces. I'll believe Republicans care about what's happening to America's middle class when they stop blocking legislation that would require billionaires to pay taxes at least at the same rate that teachers and firefighters do. Republican trickle-down economics blocked increases in the minimum wage that would have lifted 14 million people out of poverty.

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Friday Talking Points [336] -- GOP's Government Shutdown Showdown

[ Posted Friday, February 20th, 2015 – 17:56 UTC ]

Hello and welcome back to our Friday political news roundup. I must apologize for not writing one of these columns last week, but I was under the weather and far too sick to type (or think coherently). So the events covered today really encompass the previous two weeks, just to warn everyone in advance. Also, this intro is going to move along at an accelerated clip, because there is a lot to cover. Our awards this week are backwards, and then we've got a rant on the Republicans in Congress who are getting ready to have another government shutdown (because the last one worked so well, right?). But enough overview, let's get on with things.

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April Surprise

[ Posted Tuesday, February 17th, 2015 – 18:03 UTC ]

There's a scheduling flaw in the implementation of Obamacare that is just now becoming a reality. I noticed this flaw quite some time ago, but haven't mentioned it in a while. [Editorial note: I just know I wrote about this subject previously, but a quick check of the archives didn't provide me with a linkable example, sorry.] This flaw is about to become apparent to millions of procrastinatory Americans. Some in the media and political worlds are now noticing this, but it likely won't be until April that this surprise dawns on most.

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Friday Talking Points [335] -- Live, From The Moon

[ Posted Friday, February 6th, 2015 – 18:04 UTC ]

NBC Nightly News anchor Brian Williams (or, as we affectionately refer to him, "BriWi") was ruthlessly mocked online this week, after a war story he told turned out to be a complete fabrication. Our headline today refers to the funniest mockery we've yet seen on the subject, titled "That one live shot I did from the moon," for no other reason than it makes a funny headline. We really have no news to report from the moon, although (as usual) there are quite a few bits of lunacy to report from the political world. As for BriWi, well, we'll see what happens next. Perhaps it's time to give Lester Holt a shot at the big chair? It's a little hard to feel too sorry for BriWi, since he reportedly rakes in $10 million a year to read the news to America every night. Nice work if you can get it, eh? Or hold onto it, for that matter.

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Could Marijuana Follow The Tribal Gambling Route?

[ Posted Tuesday, February 3rd, 2015 – 18:22 UTC ]

My interest was piqued because of the wide-ranging possible repercussions of a decision by the Justice Department last year that got little attention in the media. A few Native American tribes -- including one in Washington state, where recreational adult use had just been legalized -- asked the Justice Department for legal guidance on the issue of marijuana sales on tribal lands. The Justice Department, surprisingly, not only endorsed the idea but also seemed to throw the gates wide open for any other Native American tribe to grow and sell marijuana as well -- even in states that hadn't already legalized it. They essentially said tribes would have to adhere to the same set of federal legal guidelines that were created after Colorado and Washington legalized recreational marijuana sales.

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