ChrisWeigant.com

Archive of Articles in the "Taxes" Category

Friday Talking Points [Vol. 12]

[ Posted Friday, December 14th, 2007 – 17:48 UTC ]

It's been a busy week, so forgive me if I don't get to everything today. Part of the reason is the absolute congressional snowstorm of bills moving on the Hill both this week and next, as Congress prepares to scarper off on yet another extended vacation.

I'll do a better tally of all these last-minute efforts when the dust settles next week, I promise. But for now, I'd like to pause for a minute to reflect on the past year of Democratic majority rule in Congress. Putting aside legislative issues, and even putting aside the war for the moment, one thing many partisan Democrats were hoping for this year was some scalps nailed to the wall.

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It's Time To Drop The Tobacco Tax From SCHIP

[ Posted Thursday, December 13th, 2007 – 16:35 UTC ]

I've written about SCHIP many times before. It's a brilliant political piece of legislation, because it works so well as a wedge issue in the Republican party -- it's got a veto-proof majority in the Senate, and a near-veto-proof majority in the House because more and more Republicans are getting on board, fearing the issue will be used effectively against them in next year's elections.

This is all well and good, and is how politics is supposed to be played, in the midst of getting something good done. Unfortunately, the Democrats are now about to throw out the baby's health insurance with the election-season bathwater. From the New York Times article on the veto:

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Friday Talking Points [Vol. 11]

[ Posted Friday, December 7th, 2007 – 18:55 UTC ]

It's been a week of circular logic from the political world.

To begin with, Mitt Romney gave a speech on religion. This speech was brilliantly summed up in a comment to Chris Kelly's recent Huffington Post column:

1. We should all be tolerant of religions, even ones we don't agree with.

2. Secularism/atheism is a religion.

3. Let's all hate on those traitorous, treasonous, blasphemous secularists/atheists!

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Friday Talking Points [Vol. 9]

[ Posted Friday, November 9th, 2007 – 19:24 UTC ]

For this week, the award goes to that brave Democratic Senator who stood up and filibustered Michael Mukasey's confirmation in the Senate. With the backing of 39 other stalwart Senators, this maneuver has scuttled for now the confirmation vote. The White House and the Republicans in general howled over this tactic, ignoring the fact that they've been doing the same thing on virtually every bill this year. One lone Democrat in the Senate deserves the MIDOTW award this week for successfully killing Mukasey's nomination.

Oh, wait.

That didn't happen.

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Capital Gains, Income, And Taxes

[ Posted Thursday, October 25th, 2007 – 16:24 UTC ]

This is monstrously unfair to the middle class, or working class, who are subsidizing the rich by having to pay more taxes than they do. There is absolutely no reason not to tax capital gains at exactly the same rate as all other income is taxed, other than "Wah! We're rich, and we don't want to pay taxes!" (which I don't consider a valid reason). Income is income, no matter how you make it. I would be willing to bet that most Americans would agree with that statement.

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