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Archive of Articles in the "Taxes" Category

Twenty-Two And Three And The C.B.O.

[ Posted Thursday, March 9th, 2017 – 17:24 UTC ]

That title is not a weak attempt to make a pun on the genetics company "23andMe." It is not a throwback to "23-skidoo." And it's definitely not an attempt to sound like a quarterback calling signals at the line (besides, it's the wrong season for football metaphors). Instead, it represents the three biggest hurdles that Republicans now face in their efforts to dismantle Obamacare.

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Friday Talking Points [427] -- Lock Him Up!

[ Posted Friday, March 3rd, 2017 – 18:29 UTC ]

This was supposed to be a good week for Donald Trump. He was going to give a big speech, and he was all set to roll out the 2.0 version of his Muslim ban. As usual in the Trump administration, though, things didn't quite work out as planned.

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Style Versus Substance

[ Posted Wednesday, March 1st, 2017 – 18:03 UTC ]

President Donald Trump's first speech to Congress and to the American public was not a disaster of epic proportions. Normally, I wouldn't begin a speech review with such a statement, but with Trump, the possibility always exists (see: Trump's first press conference). Trump managed to clear the bar of "speaks like the public wants to hear a president speak, and not like an enraged adolescent on the playground." Again, for any other president this bar wouldn't even be mentioned, because it has never been an issue before now. Because it was Donald Trump, however, much of the audience watching the speech breathed a sigh of relief that Trump finally managed to "look presidential."

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Media Can't Count, Gets Trolled On Trump Budget

[ Posted Tuesday, February 28th, 2017 – 16:40 UTC ]

The Trump White House released its first hints of a budget proposal yesterday, and in doing so they masterfully trolled pretty much the entire mainstream media. The first thing everyone focused on was the proposal to boost military spending by $54 billion, or ten percent. But the other focus was successfully manipulated by the White House to "journalists" who seem absolutely incapable of doing basic math. Get that -- the Trump team is outdoing someone else on lack of math skills! Really thought that would have proven impossible to accomplish, but here we are.

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Too Little From Congress, Too Much From Trump

[ Posted Wednesday, February 15th, 2017 – 17:54 UTC ]

The relative speed differential between the Trump White House and the Republican Congress is already starting to cause problems, it seems. Because the Trump administration is moving so quickly and Congress historically moves at a pretty glacial pace, the unspoken bargain between congressional Republicans and President Trump is already showing cracks. The basic deal was going to be that GOP leaders in Congress would back Trump up on some of his (shall we say) more esoteric campaign promises, while Trump's end of the bargain would be to sign pretty much anything Republicans could manage to get past Congress, even if it contradicted some of what Trump promised his supporters (like gutting Medicare and Medicaid, to cite the most obvious candidate). GOP leaders would allow Trump to build his wall in exchange for Trump allowing them to shred the safety net and bestow generous tax breaks to the ultra-wealthy. That was the plan, at any rate.

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Friday Talking Points [422] -- Tiny Hands, Tiny Crowds

[ Posted Friday, January 27th, 2017 – 17:59 UTC ]

We're going to start today with a story that sounds like an urban myth, but actually happened. The state government of Indiana, 120 years ago, was almost taken in by a crank mathematician. He got them to introduce a bill he had written that would have changed state law to state that the value of pi was what he said it was. The language of the bill is inexact at best -- it might better be described as "completely incoherent" -- and actually suggests multiple ways of calculating pi, none of which are correct. The easiest to understand was to calculate it as a ratio of 5/4 to 4, which would give 3.2. The other methods are pretty indecipherable, to be polite.

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First Shot In The Upcoming Trade Wars

[ Posted Thursday, January 26th, 2017 – 17:28 UTC ]

President Donald Trump's administration may have just fired the first shot in what could become a worldwide trade war. In response to criticisms about his announcing that the border wall with Mexico will be paid for by American taxpayers (and not, as promised, Mexico), Trump has been trying to come up with an answer for how we will be "reimbursed" by Mexico. Today, apparently, he has decided on the preferred method. The White House just announced a 20 percent tax on all imports from Mexico.

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Friday Talking Points [421] -- Six Impossible Things Before Breakfast

[ Posted Friday, January 13th, 2017 – 17:47 UTC ]

We know there's that pesky clause in the Constitution and all, but doesn't it seem like today would have been more appropriate for Donald Trump's inauguration? That's our way of saying "Happy Friday the 13th" to everyone, we should point out. Ahem.

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Friday Talking Points [420] -- Red Queen Meets The Underpants Gnomes

[ Posted Friday, January 6th, 2017 – 18:02 UTC ]

Welcome back everyone to our regular weekly roundup! We've been on our usual year-end hiatus for the past few weeks, pre-empted by our year-end awards columns (Part 1 and Part 2). But now that Congress is slinking back to the swamps of Washington, it's time to start looking forward once again. And we promise, we are going to explain that rather cryptic title, after we dispense with an initial bit of idiocy.

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Republican Rhetoric About To Meet Reality

[ Posted Thursday, January 5th, 2017 – 18:19 UTC ]

Now that Republicans control all branches of the federal government, their base is going to expect them to make good on their promises. However, what we're already seeing is that political rhetoric that helps get you elected isn't the same thing as actual reality. It's going to be interesting to see GOP rhetoric collide with the hard, cold facts of reality in the next few months, and nowhere is this more true than on the issue of healthcare reform.

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