ChrisWeigant.com

Archive of Articles in the "Taxes" Category

Two Recent Developments In Congress

[ Posted Thursday, September 11th, 2025 – 15:34 UTC ]

While the biggest story in the political world right now is the manhunt underway for the Utah assassin, there doesn't seem to be much more to say about it yet, so I decided instead to highlight two other stories today, on two of this week's developments in Congress. It's not exactly a "three-dot Thursday" column, since it only has two completely unrelated stories, but it's at least something else to pay attention to as we all wait for developments from Utah.

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No Good Options On Government Shutdown

[ Posted Monday, September 8th, 2025 – 15:32 UTC ]

You may not have noticed it, what with all the other distractions in Washington, but we're fast approaching the possibility of another government shutdown. The federal fiscal year begins in October, and there is no budget in place yet. The two parties in Congress aren't even talking to each other yet about what to do about it, and they don't have a whole lot of time to get something passed. For Democrats, the question is whether they should shut the government down in what essentially would be an act of political protest, or whether they should just bargain for a few of their issues and accept pretty much everything else Republicans want to do.

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Friday Talking Points -- Straight Into A Ditch

[ Posted Friday, September 5th, 2025 – 18:01 UTC ]

Donald Trump is driving the American economy straight into a ditch. That's a pretty simple concept, and it's (just barely) short enough to fit on a bumpersticker. Which makes it a dandy political slogan for Democrats to start hammering out relentlessly.

Doing so is pretty easy, since you can connect all sorts of dots to it: A soft jobs market. Inflation rising. Hamburger prices up. Electricity prices way up. Trump's tariff war, which has created a "Trump tax" on a whole bunch of products. Trump took hold of an economy that had achieved a "soft landing," and now he's driving us all right into a ditch. Everything he does seems to make things worse. See how easy that is to do?

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Everything Costs Too Damn Much

[ Posted Thursday, September 4th, 2025 – 16:02 UTC ]

Will Democrats ever pull back from examining the individual political trees and grasp the nature of the whole forest before them? I wonder this because I see time after time the Democratic Party being shown exactly how they can win elections -- and then time after time they just flat-out ignore it. Or downplay it. Or attempt to come up with a solution that doesn't address the core problem but instead merely tinkers around the edges of it. Or bury it in wonk-speak. I have to admit, it is frustrating to watch.

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Friday Talking Points -- Brain Drain

[ Posted Friday, August 29th, 2025 – 17:47 UTC ]

Just before the 20th anniversary of the impact of Hurricane Katrina, a group of current and former Federal Emergency Management Agency employees have signed an extraordinary letter warning America that we could be headed for a similar disaster. Not the hurricane itself, but the man-made disaster which followed, as George W. Bush's FEMA proved to be completely incompetent at disaster recovery in a big way. They even called their letter the "Katrina Declaration," to amplify their warning.

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Fed Up

[ Posted Tuesday, August 26th, 2025 – 16:27 UTC ]

Donald Trump thinks he has a plan. First, get rid of enough members of the Federal Reserve Board and replace them with his own minions, and then they'll do his bidding and drastically lower interest rates. Once he's appointed a majority of them, they'll do precisely what he wants without question. In the meantime, his appointee to run the Bureau of Labor Statistics will be firing high-level bean-counters and replacing them with apparatchiks, so that they can then make the official inflation number anything Trump wants it to be. This way, even if real inflation goes through the roof (as a result of lowering interest rates too fast), nobody will know about it because inflation will "officially" be at some ridiculously-unbelievable low figure. The economy "booms" (as measured by Trump's numbers), interest rates go down, and everyone's happy!

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Friday Talking Points -- The Existential Meets The Absurd

[ Posted Friday, August 22nd, 2025 – 17:51 UTC ]

After Donald Trump held two back-to-back summits, in an effort to get a quick ceasefire and peace agreement in Ukraine, not much of anything has actually changed. Unless you count the rest of the world either laughing at America's president or gingerly trying to not bruise his all-too-fragile ego. Both of those things have increased, sadly.

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No Stick Whatsoever

[ Posted Wednesday, August 20th, 2025 – 15:48 UTC ]

The prospects of a ceasefire happening soon in Ukraine were always pretty slim. Now they seem to be receding into oblivion. Without some strong and decisive action by Donald Trump, the situation in Ukraine does not look likely to change in any meaningful way any time soon. The war will continue, people will keep dying, and Vladimir Putin will feel no compunction to bring an end to any of it. That seems to be the emerging reality.

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It's Still The Economy, Stupid

[ Posted Thursday, August 14th, 2025 – 15:48 UTC ]

If they want to win the midterms next year, Democrats should really return in a big way to that old chestnut from the Bill Clinton era: "It's the economy, stupid." Because that is where both Donald Trump and his fellow Republicans are the weakest, and the economy is almost always either at or very near the top of the list of issues voters care the most about.

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Friday Talking Points -- Trump's Big Sales Tax Hike

[ Posted Friday, August 8th, 2025 – 18:21 UTC ]

Two stories dominated the political headlines this week: Texas Democrats fleeing the state to halt the Republican-dominated legislature's efforts to redraw their U.S. House district lines to hand Republicans five more safe seats, and Donald Trump letting incredibly high tariffs begin against over 90 countries worldwide.

We'll get to them in a moment, but what's more interesting is the dog that didn't bark today. Russia was supposed to have a "10-day deadline" to end its invasion of Ukraine, and steep tariffs were supposed to be slapped on them if Vladimir Putin hadn't manage to do so by today. However, nary a headline is talking about the tariffs that were supposed to appear, because once again Putin played Trump like a violin.

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