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Archive of Articles in the "Taxes" Category

Friday Talking Points -- The Calm After The Storm

[ Posted Friday, September 30th, 2022 – 17:00 UTC ]

We've long thought that America is at her best when disaster strikes. We've thought this since the massive 1989 Loma Prieta earthquake, in fact, which we rode out in San Francisco. And we saw firsthand that when life is disrupted, it is disrupted equally. Everyone is affected, so everyone puts aside all their differences and just pitches in to help in the immediate aftermath. Maybe this is a rosy-tinted view, but it still holds mostly true.

Case in point is Hurricane Ian, which just devastated Florida and seems on its way to devastate the Carolinas next. Ian has been one of the biggest hurricanes in American history already (fifth-largest, from one news report) and we haven't even begun to comprehend the scope of the damage or how long it will take to recover from it. The damage isn't even over yet, and most of the East Coast will at least get some heavy rains before Ian disintegrates.

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Friday Talking Points -- Ukraine, Trains, And Lindsey Graham

[ Posted Friday, September 16th, 2022 – 17:13 UTC ]

We fully admit that headline isn't really close enough to the original to trip off the tongue very well. But we're in an optimistically cheerful mood, so we're not going to change it.

These were really the three big political stories of the week. Last weekend saw the culmination of an incredible performance by the Ukrainian military. Within a week, they had retaken over 2,000 square miles of their country, as the Russian invading forces mostly just fled. That is beyond impressive, and may prove to be a real turning point in the whole war.

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Friday Talking Points -- Dark Brandon Rips Into MAGA Republicans

[ Posted Friday, September 2nd, 2022 – 15:43 UTC ]

The White House seems to be having just a wee bit too much fun with the whole "Dark Brandon" meme. Because they actually set the stage for it last night, in Philadelphia.

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What Could A Filibuster-Free Democratic Congress Get Done?

[ Posted Monday, August 29th, 2022 – 15:46 UTC ]

Even though it is a Monday, I find myself in an optimistic mood. Maybe it's just the end of the political Silly Season, but I found myself wondering what would happen if the Democrats truly ran the tables in the midterms and wound up still in control of the House of Representatives and with at least 52 senators in the Senate (so Kyrsten Sinema and Joe Manchin could be politely told to go fly a kite by Chuck Schumer and the rest of the Democrats). What could they get done? What would their agenda look like, with a Democrat in the White House ready to sign whatever passed? I know, I know, it is still the longest of longshots -- Democrats will likely still lose the House even if they manage to expand their majority in the Senate -- but like I said, I'm feeling optimistic, so let's just assume it does somehow come to pass.

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Friday Talking Points -- Biden Helps 43 Million Americans

[ Posted Friday, August 26th, 2022 – 16:59 UTC ]

President Joe Biden keeps coming out with summer hit after summer hit. This week, he forgave up to $20,000 in student loan debt for 43 million Americans. That's a big win, even if some are desperately trying to convince parents across the country that it's somehow a bad thing that their son or daughter just had their student debt wiped out. Good luck with that, guys. Most Americans see this as a huge relief, even if they don't personally benefit. And most Americans see Republicans complaining about it as being seriously out of touch.

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The Wind Is At The Democrats' Backs

[ Posted Wednesday, August 24th, 2022 – 14:26 UTC ]

The wind is now at the Democrats' backs. The "red wave" everyone's been predicting for November may turn out to be no more than a pinkish ripple... or perhaps it won't even occur at all. Of course, we're still more than two months away from the election, and unexpected events could intervene, but right now everything seems to be moving in the Democrats' direction.

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Forgiving Student Loans Will Help Democrats

[ Posted Tuesday, August 23rd, 2022 – 15:07 UTC ]

President Joe Biden has always been a rather reluctant reformer of higher education, which is somewhat odd considering his wife works as a community college teacher. For example, during the 2020 Democratic primary race progressives such as Bernie Sanders were arguing for tuition-free college at all state-run colleges and universities. Biden was far more restrained, and said he favored only tuition-free college for two years of community college, which would have left out state university students entirely. The tuition-free community college idea was later included in Biden's Build Back Better plan, but that was before it hit the brick wall named "Joe Manchin." The concept didn't survive in the limited Inflation Reduction Act at all. Also during the primary campaign, the progressives were pushing for either outright cancellation of all student debt or forgiving at least $50,000 of debt per student. Biden was never on board with such sweeping proposals, and countered with his own idea of perhaps forgiving $10,000 in student debt. Which is what might just get announced tomorrow.

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Friday Talking Points -- Banana Republicans

[ Posted Friday, August 19th, 2022 – 16:51 UTC ]

President Joe Biden had a very good week the previous week, and he followed that up with another good week this week as well. A bill which is going to become one of the signature pieces of his presidential legacy passed the House last Friday, and on Tuesday Biden signed the Inflation Reduction Act into law. Perhaps we should call it "Biden's Obamacare," because it really is just as impressive a piece of legislation.

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Friday Talking Points -- Lock Him Up!

[ Posted Friday, August 12th, 2022 – 16:39 UTC ]

The irony is delicious, we cannot deny it. A man who rose to power by leading chants of: "Lock her up!" against his political opponent (for mishandling classified documents -- a man who later signed a law making the offense a felony with up to five years' prison time) is now in the process of being hoist by his own petard. So it's been a rather schadenfreude-y kind of week.

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Things Are Getting Better

[ Posted Wednesday, August 10th, 2022 – 14:22 UTC ]

As we head into the dog days of August, Democrats have finally gotten some good news to spread, out on the campaign trail. Legislatively, things are definitely looking up, after Joe Manchin and Kyrsten Sinema finally relented and allowed major portions of President Joe Biden's agenda to head to his desk. But it wasn't just the reconciliation bill, there has been a flurry of bills passing, from allowing Sweden and Finland into NATO to helping America's veterans who were exposed to toxic burn pits during their service. Democrats in Congress are showing that they can indeed get things done, with or without the help of the obstructionist Republicans. But the good news doesn't end there, because the economic picture is getting better as well.

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