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Archive of Articles in the "Taxes" Category

McConnell's Reconciliation

[ Posted Wednesday, August 20th, 2014 – 16:41 UTC ]

Many are focusing on another aspect of what McConnell is promising to do, which is understandable because shutting down the government has a lot bigger impact on the country than details of how the Senate conducts its business. But, in this case, I'm choosing instead to ignore the forest (as it were) to concentrate on one particular tree.

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Marijuana's Tipping Point?

[ Posted Monday, July 28th, 2014 – 14:31 UTC ]

Has marijuana legalization reached the tipping point, where positive change is now all but inevitable? That question might have been seen as wildly optimistic even just last week, but over the weekend the respected New York Times editorial board fully endorsed legalizing recreational marijuana at the federal level, in a piece aptly entitled: "Repeal Prohibition, Again." This has already shifted the debate so dramatically that some are now comparing it to the impact of Walter Cronkite coming out against the Vietnam War (after which, President Lyndon Johnson famously said: "If I've lost Cronkite, I've lost middle America"). While I'm cautiously optimistic and certainly think it will further the conversation, I have to say I think it might be just a little too early to declare this moment in time to be marijuana's tipping point. I think we're fast approaching that moment, but I don't think we've gotten there quite yet.

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Friday Talking Points [312] -- Democrats' "Middle Class Jumpstart" Agenda

[ Posted Friday, July 18th, 2014 – 18:08 UTC ]

The biggest political event of the week (for Democrats, at any rate) was Nancy Pelosi and the House Democrats rolling out a new campaign agenda -- the "Middle Class Jumpstart" -- in the tradition of Newt Gingrich's "Contract With America." But we'll have much more on this later, as we're turning over the whole talking points portion of the program to this rollout.

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Friday Talking Points [311] -- First Marijuana TV Ad Created

[ Posted Friday, July 11th, 2014 – 18:10 UTC ]

Plenty of stuff happened in the past two weeks in the political world, but we'll get to all of that in a minute, because first we'd like to highlight (pun intended, of course) what is being billed as "the first marijuana television commercial." It's not on the air yet, but Canadian company Crop King Seeds has released this first look at their ad (they do admit that they'll likely have to edit out one bit of profanity before the ad airs). Without further ado, here is their ad (used with full permission, as they would really like the ad to go viral):

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Marijuana Legalization Update

[ Posted Monday, July 7th, 2014 – 17:17 UTC ]

Tomorrow, Washington state will become the second state with a legal recreational marijuana market (look for a whole bunch of stoner jokes on tomorrow's television news, in other words). While Colorado and Washington both passed their legalization laws at the same time, Colorado's was fully implemented at the start of this year, while Washington waited until now to completely implement the new law. So it seemed like a good time for an update on which other states are moving towards full legalization of marijuana for recreational purposes, since there is news from a handful of other states as well.

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Tea Iced!

[ Posted Wednesday, June 25th, 2014 – 17:28 UTC ]

Enough digression, though. Last night, Senator Thad Cochran pulled off an upset of sorts, by defeating his Tea Party primary challenger in the rematch atmosphere of a "top two" runoff election. His chance of victory had been seen by many (at least before the election results began coming in) as increasingly unlikely -- which is why the political world is abuzz over what just happened down in the Magnolia State. Consider the fact that Cochran came in second in the original primary, and it was only due to a third candidate being in the race that he was even given the second chance of a runoff election (because main Tea Party challenger Chris McDaniel failed to reach 50 percent of the vote, to put this another way). Because of this, and because of what was perceived as the growing national momentum of the Tea Party after Eric Cantor's epic defeat (more on this in a moment), it seemed Cochran was doomed. The energy was supposed to mostly be on the Tea Party's side, and turnouts for runoff elections are notoriously low, so most watchers of politics had all but written off Cochran's chances to pull off an upset victory. And yet, against all this conventional wisdom, Cochran still won -- he successfully "iced out" the Tea Party.

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From The Archives -- The Tea Party Is Dead! Long Live The Tea Party!

[ Posted Tuesday, June 24th, 2014 – 16:27 UTC ]

As we were entering into the shank of primary season a few weeks back, I wrote an article discussing how the political world would view the gains and losses of the Tea Party wing of the Republican Party. Since that time, we have seen the Tea Party lose many big races, and spectacularly win at least one race. Today, voters in Mississippi are going to add another chapter to this saga, as they decide the runoff election between sitting Senator Thad Cochran and his Tea Party challenger.

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Friday Talking Points [309] -- Meet Brian Schweitzer

[ Posted Friday, June 20th, 2014 – 17:07 UTC ]

Today, we're going to have a special edition of the talking points, where we get to know a Montana politician who seems to be seriously considering taking on Hillary Clinton for the Democratic presidential nomination in 2016. But before we do so, it was a busy week otherwise, so let's just dive right into it. First, a look at what's going with Republicans.

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New Republican House Leadership

[ Posted Thursday, June 19th, 2014 – 17:14 UTC ]

The votes are in, and the Republican House caucus has just elected Kevin McCarthy as their new Majority Leader and Steve Scalise as their new Majority Whip. All of this was precipitated, of course, by the current Majority Leader, Eric Cantor, being handed his hat by the voters in his home district. After a roughly one-week "campaign" (which many have likened to a high school popularity contest such as the election of class president), McCarthy will now move up from the third-ranking Republican leadership position to the second, and Scalise will now take over from McCarthy.

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"No Budget, No Pay" Works Once Again In California

[ Posted Monday, June 16th, 2014 – 17:28 UTC ]

Yesterday was Fathers' Day. Most dads, even those who happen to be elected officials, were able to relax and enjoy the day by spending some time with their families. California legislators did not have this luxury, due to their own inactivity in the days leading up to a midnight legislative deadline. They worked throughout the weekend to produce the state's budget on time -- which they achieved, late yesterday. But the really newsworthy thing about this was why they decided to work the whole weekend instead of just ignoring the mandated deadline (which they used to routinely do). They put in the overtime hours for one reason and one reason alone: if they hadn't come to an agreement on time, their pay would have stopped at midnight. Call this story the success of the "no budget, no pay" idea, if you will.

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