ChrisWeigant.com

Archive of Articles in the "Taxes" Category

Friday Talking Points -- Programs! Getcher Programs Here!

[ Posted Friday, July 21st, 2023 – 17:49 UTC ]

We do try to resist the urge (we really do!), but this week it was impossible to focus on just about anything else in politics other than the tsunami of bad legal news for Donald Trump. Remember how Trump dominated each and every news cycle for over four years? Those days are back, sadly enough, and will likely continue (at some degree of intensity or another) for the foreseeable future. He is the quintessential car wreck towards which we all must dutifully rubberneck, so here we go....

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From The Archives -- Feeling The Bern

[ Posted Wednesday, July 12th, 2023 – 16:26 UTC ]

Yes, it's true. This past weekend, I joined 11,000 other people in Phoenix to "feel the Bern," as the supporters of Bernie Sanders would put it. Sanders held a rally in the city immediately after the Netroots Nation conference concluded, which made it pretty easy for me to attend (and take a few photos). Netroots routinely draws a crowd of around 3,000, so even if everyone from the conference went to the Bernie rally (actually, not everyone did), the conference crowd could only roughly have been about a quarter of the people there to see Bernie. The rest were locals from a very red state. All there to feel the Bern, as it were.

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Friday Talking Points -- Some Cautious Optimism

[ Posted Friday, July 7th, 2023 – 16:43 UTC ]

The nation celebrated its 247th birthday this year, leaving only three more to go until the second-biggest celebration of our lifetime (as we still personally remember the ushering in the bicentennial in Washington D.C.). But since it was a short week, what with Independence Day falling on a Tuesday, we are hoping this will be a short column (for once). Well, short-ish at any rate. We are cautiously optimistic.

Cautious optimism is a good place to start, actually. We stumbled across an interesting paper from two Democratic strategists (Celinda Lake and Mike Lux) which confidently states: "All the elements are in place for a big Democratic victory in 2024," and predicts that the "trifecta" of winning the House back, holding the Senate and keeping Joe Biden in the White House is well within grasp.

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Friday Talking Points -- SCOTUS Week

[ Posted Friday, June 30th, 2023 – 17:14 UTC ]

It is "Supreme Court Decision Week" in the world of politics, and while a few earlier SCOTUS decisions of this term turned out surprisingly liberal, the court saved its most radically-restrictive rulings for the very end. Three big rulings this week will have the effect of: (1) removing race from college admissions processes and all but killing affirmative action, (2) halting President Joe Biden's student loan forgiveness program before it starts, and (3) making it allowable -- as long as you cite religious reasons -- for businesses to discriminate against and refuse to serve gay people. This was a pretty grim end to the court's legal term, obviously.

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Two Tiers Of Justice?

[ Posted Wednesday, June 21st, 2023 – 15:50 UTC ]

President Joe Biden's son Hunter has cut a deal to plead guilty to two misdemeanor tax offenses, while a third charge of illegally possessing a weapon (after lying about his drug use on a form) has also been filed but will be withdrawn if Hunter successfully completes two years of probation. Hunter Biden will likely avoid any prison sentence as a result of the plea deal.

Republicans reacted predictably, decrying it as a "sweetheart deal," while there were zero Democrats out there screaming about Hunter being charged as part of a "witch-hunt" or swearing up and down that it was fully legal for Hunter to do these things. That's the difference between the parties in a nutshell: Democrats support the rule of law even when one of their own is caught, while Republicans want the book thrown at all Democrats while giving a free pass to all Republicans for all crimes.

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Friday Talking Points -- The Circus Comes To Town, Once Again

[ Posted Friday, June 16th, 2023 – 17:35 UTC ]

President Joe Biden got some good economic news this week, as the official inflation rate fell to only 4.0 percent. This is down from last year's high of 9.1 percent, and is a significant achievement. Most economists will tell you that's still a bit too high and that 2.0 percent is the goal they're shooting for, but 4.0 percent is getting pretty close to that goal, you have to admit.

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Friday Talking Points -- Crisis Averted

[ Posted Friday, June 2nd, 2023 – 16:57 UTC ]

And so it all ended with a whimper and not a bang. President Joe Biden will sign the bill passed by both houses of Congress to increase the debt ceiling until after the 2024 elections. The bill is a clear victory for Biden, since it contains very little (virtually any) of the initial Republican budget-slashing demands. But Biden couldn't come out and say how good a deal he got from House Speaker Kevin McCarthy until now, because if he had done so it would have fed into the resistance by the farthest-right members of Congress, but now that the bill has safely been passed Biden has scheduled an Oval Office address for later today (7:00 PM, Eastern Time). We should note this is too late for anything he says to be addressed or included here in this column, but we will definitely be watching Biden speak later on today. [Editorial Note: we did listen to Biden's address, and we know it may be hard to believe, but we had picked out our "Crisis Averted" headline before Biden used the phrase tonight.]

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Coulda Been Worse...

[ Posted Tuesday, May 30th, 2023 – 15:38 UTC ]

The news broke in Washington over the holiday weekend that we finally have a deal. President Joe Biden and House Speaker Kevin McCarthy agreed to a plan which will constrain the federal budget and raise the debt ceiling past the 2024 elections. Nobody's exactly thrilled with the parameters of the deal, with grumbles being heard from both from the MAGA right and the progressive left. At this point, though, the deal looks like it will likely garner enough support to pass the House, and the Senate likely won't kill it off at the last minute. That's where things currently stand at any rate.

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Friday Talking Points -- The Waiting Game

[ Posted Friday, May 26th, 2023 – 16:31 UTC ]

We began the week waiting, and we are ending the week waiting. All week long, rumors have leaked out about the status of the budget negotiations between House Speaker Kevin McCarthy and President Joe Biden, with both sides spinning madly to impress their bases, but we end the week with no deal actually inked.

However, we may be close. At least, that's today's big leak. It seems like both sides have agreed to some topline numbers with various face-saving things thrown in so they can both claim at least a certain degree of victory. Whether this actually works or not is still an open question.

Members of both parties are doubtlessly going to howl when the details are publicly released, and then they'll accuse their own negotiators of "giving away the store." But others will accept the face-saving spin and push forward, most likely. That's usually the endgame for such sticky negotiations, at any rate.

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Friday Talking Points -- Negotiations Paused?

[ Posted Friday, May 19th, 2023 – 17:45 UTC ]

With twelve more days left in the month of May, the debt ceiling follies continue unabated. Speaker of the House Kevin McCarthy just "paused" the negotiations with President Joe Biden, which was a rather pessimistic note to close out what had otherwise been a rather optimistic week. There is speculation that both sides are using this "pause" merely as a political signal to their respective bases -- to show that they are negotiating hard and not giving away the store. If this is true, negotiations will likely resume at some point this weekend. But it's anyone's guess whether they'll agree even on a framework (much less actual legislative text) any time soon.

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