Tax

In nineteen seventy-four, I reached three milestones in my life. In March of that year, I turned eighteen; ten days later, I registered with selective service—conscription ended in 1973, and naively I registered as an independent voter. I remember the sense of power I felt. I could join the military...

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  • October 27, 2021

The Rotten Core of the Republican Party -Binyamin Appelbaum -NYT Representative Kevin McCarthy of California, the top House Republican, recently took to social media to warn that Democrats have hatched a dastardly plot. “Democrats,” he said, “want to track every penny you earn so they can then tax you and...

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  • October 25, 2021

This is the sixth set of notes for a reading group on Marx’s Capital, and includes a Volume I refresher for further reading of Volume II. There are links to earlier posts and texts that may be useful. Marx is probably too taken with a kind of scientism by proposing...

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  • October 25, 2021

The straight news or punditry often starts with the premise of scaring the American people away with a price tag. From the Biden Build Back Better plan reporting, one would think that its’ only attribute—or detriment, depending on your point of view, is the 3.5 trillion dollar price tag. Even...

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  • October 18, 2021

For Christmas (and Hanukkah, and Kwanzaa), Vermont Sen. Bernie Sanders wants to give working-class West Virginians a child tax credit, child care assistance, free preschool, two free years of community college, lower health insurance premiums, expanded Medicare, home health care assistance for the elderly, an expanded Earned Income Tax Credit...

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  • October 16, 2021

Republicans have proved to be masters at soundbite manipulation. The GOP has gotten, mainly, poor white people in the Red States to oppose Medicare expansion, happily believing that rich people trickling on them will eventually improve their lot. Truth in schools is being portrayed as a threat to whiteness, and...

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  • October 15, 2021

California Congresswoman Katie Porter made a case for the $3.5 Trillion human infrastructure bill as she schooled Joe Manchin on fiscal responsibility. Rep. Katie Porter has a message for Sen. Joe Manchin x x YouTube Video See full episodes here. Rep. Katie Porter did not hold back on those presenting obstacles...

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  • September 9, 2021

Republicans swing the word freedom over the heads of their voters like the Sword of Damocles. It has become a meaningless mantra, cutting away real freedoms like affordable housing, healthcare, pay equity, and a clean environment. Freedom for a majority of Republicans has translated into the freedom to kill their...

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  • August 11, 2021

Donald Trump, the man with gold-plated bathroom fixtures and a 10,000 dollar portrait of himself bought with money donated to his corrupt and now-defunct charity, thinks that the 1.7 million [tax-free] dollars paid to his CFO, Allen Weisselberg, were a fringe benefit, or just Trump change. Anyone still buying into...

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  • July 2, 2021

It begins…more likely prosecution of Trump corporate tax fraud coming first because it’ll always be about strong cases. Trump Organization facing possible criminal charges, sources say https://t.co/yfzrKV0jGu — Morning Joe (@Morning_Joe) June 28, 2021 The Trump Organization is expected to be hit with criminal charges as soon as next week...

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  • June 29, 2021

Radio Host Tim Danahey sent me a note that gave me pause. If we could make sure all Americans understand this, we could force the hands of politicians on the wealth tax. Tim Danahey’s wealth tax calculation. See full episodes here. Here is the note I received from Tim. Dude,...

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  • June 15, 2021

They have self-defined as the makers. So they enrich themselves on what we make, our work, worth, and service like parasites. And here’s proof. Super rich people define parasites See full episodes here. The title of the article was simple enough and to the fact. Unfortunately, that is too antiseptic....

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  • June 11, 2021

Why isn’t this guy in prison yet? Is it because he’s rich and white? Or because he behaves like a drug-addled mob boss? Getting to Donald Trump has always seemed a bit like nailing orange Jell-O to a wall. (Yes, I know that simile brutally defames orange Jell-O, which is...

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  • June 10, 2021

This is not new taxation, this is merely collecting what is due. By Timothy F. Geithner, Jacob J. Lew, Henry M. Paulson Jr., Robert E. Rubin and Lawrence H. Summers. Six hundred billion dollars per year, and growing: That is two-thirds of total nondefense discretionary spending by the federal government,...

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  • June 10, 2021

We all love how effective Jen Psaki has been as President Joe Biden’s White House Press Secretary. This was not her best moment. Jen Psaki had the perfect opportunity to swing hard See full episodes here. It was clear why the question tripped. This type of question will continue to trip up...

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  • June 5, 2021
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Former President Trump ordered the Pentagon to release all of its information on “unidentified aerial phenomena” (UAP) within 18 days in his last coronavirus relief bill in December 2020. More inexplicable sightings of unidentified flying objects (UFOs) will be released for public scrutiny in June — including a UFO that broke...

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  • May 29, 2021

Once Senator Mitch McConnell staked out the politically uncompromising GOP opposition to ‘everything’ Democrats proffered, during the Obama administration, the redline was drawn. Slowly but surely, the so-called moderate Republicans like; Susan Collins, Rob Portman, and John Thune have repeatedly torn their knickers on the fence. Collins, for example, agreed...

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  • May 28, 2021

Joes Biden did not pull any punches as he traveled to Cleveland to tout his economic success. He appropriately scorched the Republicans. Biden makes fun of Republican politicians taking credit for Democratic bill See full episodes here. President Biden claimed credit for the economic recovery. He said the Biden economic...

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  • May 27, 2021

White House Press Secretary Jen Psaki gave a reporter a new task. Ask Republicans the questions we have already answered. Jen Psaki schooled a reporter on his job? See full episodes here. Some of these reporters likely forget that they are dealing with a new administration. In effect, he opened the...

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  • May 27, 2021

Slowly we turn, step by step, and the shoes will drop in the coming months regardless of the maneuvering in Congress. Procedure, process, and practice continue as evidence accumulates and the predicted timelines make more sense. The show goes on and even Broadway will be back in NYC. Manhattan DA...

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  • May 25, 2021

A few years ago, I wrote the piece titled “Boomers Must Take Some Blame And Help Fix Generation Y Unhappy Problem” without any malintent. I was raked over the coals by my boomer friends who accused me of agism and much more. Some said I was pitting generations against each...

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  • May 23, 2021

Donald John Ignatius Caligulard Trump has had a lot of coffee boys for someone who only drinks Diet Coke. If you’re in the Trump orbit and that orbit begins to decay, well, you might as well be green cruciferous vegetables as far as DJT is concerned. He sure as shit...

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  • May 23, 2021

Meandering nonsense highlighted by searches for bamboo fibers, and official lies issued from Mar-a Lago, are exactly what Donald Trump expected to be doing in 2016. The 2020 election with Joe Biden as his opponent was what he expected the first time around with Hillary Clinton; a loss. I am...

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  • May 21, 2021

Minority Leader Kevin McCarthy represents one of the poorest districts in California, yet he opposes relief for his constituents. We must rid the House of Kevin McCarthy See full episodes here. There was a striking article titled “Biden’s aid programs help buttress McCarthy’s district despite GOP leader’s complaints about ‘socialist’ spending” in...

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  • May 21, 2021

Throughout the one-term presidency of Donald Trump, he has been implicated in numerous criminal activities. They include making hush money payments to porn porn stars, collusion with Russians seeking to interfere with an election, obstruction of justice, financial and tax fraud connected to his real estate business, swindling his charitable...

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  • May 20, 2021

Among the countless examples of inane “Washington group-think” is the notion that only Democrats have to “pay for” their legislative priorities (i.e., enact corresponding tax increases and/or spending cuts to match the costs of new programs).   Republicans do not remotely consider themselves so constrained — in part because they also are...

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  • May 13, 2021

The Republican members of the House of Representatives convened their star chamber this morning and ousted the most conservative member of their caucus. GOP House conference chair Liz Cheney is under fire for breaking one of their sacred tenets—not embracing duplicity and hypocrisy. The vote was held in secret because...

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  • May 12, 2021

Here’s the big news today out of California: The campaign to recall Gov. Gavin Newsom has failed to gain momentum in recent months as significantly more California voters favor keeping him in office, and only anemic support has surfaced for reality TV star  Caitlyn Jenner while other Republican candidates hoping...

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  • May 11, 2021

The usual handicapping for a new Fed Chair is happening, but likely it’s too early. Lael Brainard and William Spriggs would be front-runners. Jay Powell's term is up next February, when Biden can choose to extend his appointment. We’ll know so much more then, what with a looming recession. x Biden...

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  • May 11, 2021

Fear of a Red Hat: as much as Liz Cheney is toast, more troubling is Elise Stefanik’s Führereid, because Trump is too stupid to see that he’s blazing an even tighter path to obscurity. As Greg Sargent observes, there is an increased likelihood of another attempt at stealing an election, further...

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  • May 8, 2021

Yesterday was a very busy day for me so I’m playing catch up today. Received this e-mail yesterday from former Air Force Pilot and U.S. Senate candidate, Amy McGrath (D. KY) on behalf of her new organization, Democratic Majority Action PAC: RoJo The Traitor Since I told you about my...

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  • May 7, 2021

The Tin Lizzie was a Ford Model T car that ushered in prefabricated manufacturing, thereby featuring profits over craftsmanship. Although for the first time, the middle-class had real dreams of affording an automobile, the Tin eventually went bye-bye because it bowed to modernization. The current Tin Lizzie, Republican House member...

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  • May 5, 2021

From The Daily Beast: Josh Mandel—the far-right, former Ohio state representative now running for Senate—has recently joined the chorus of conservatives railing against Big Tech. But before he turned against Silicon Valley, Mandel was a Facebook stock investor who made tens of thousands of dollars. And even after he turned...

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  • May 5, 2021

For those who aren’t policy wonks—and who somehow can’t decide whether Joe Biden is a compassionate family man or a rapacious baby’s blood aficionado—it can be difficult to suss out the real benefits of Biden’s recent economic proposals. Luckily, new analysis from the Institute on Taxation and Economic Policy (ITEP) spells out...

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  • May 4, 2021

We’re seeing more and more stories that Liz Cheney is about to be tossed under the bus, that the Republican “leadership” is so in thrall to Trump and his base, so dedicated to the service of Trump’s ego and his lies, that they are preparing to cast Cheney into the...

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  • May 4, 2021

Senate Minority Leader Mitch McConnell has all but given the green light to Democrats to give Americans the policies they want. McConnell laid down the gauntlet See full episodes here. It seems like Mitch McConnell does not realize that his party is not the one in power. He believes he is in...

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  • May 3, 2021
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Fear and loathing rises in the land of previous guy. The raid on Giuliani’s apartment and office netted the Feds 10 devices, laptops and phones. According to the Trump adviser, the (Giuliani) raid ignited a sense of fear inside the former President's orbit that Justice Department officials may be more willing...

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  • May 2, 2021

Rep. Kevin Brady (R-TX) did not expect the pushback he got from Chuck Todd so he died and then changed the subject. The damage was already done. Chuck Todd challenges the lying Rep. Kevin Brady See full episodes here. Chuck Todd surprised many once again as he challenged Texas Republican Congressman Kevin...

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  • May 1, 2021

A little over a year ago, Republican Senator Lindsey Graham postured that helping out hungry Americans would make them lazy. “Very few people would choose work over unemployment benefits that provided moderately more money,” said Graham. Not only was this an attack on those in need but their work ethic...

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  • April 30, 2021

In a Wall Street Journal op-ed, Ted Cruz admits he’s a corporate shill but like Matt Gaetz’s procurer, Joel Greenberg, prior crimes don’t count if you can get a pardon, even from the press. But hey Ted, confession is good for the soul because you don’t have to rely on the...

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  • April 30, 2021

I have heard Democrats touch trickle-down economics on the edges. But they always seem to fear hitting it not only head-on but for decimation. Biden takes trickle-down economics to the cleaners See full episodes here. The construction of this segment of the president’s speech was perfect. Understand this. It isn’t that  Republicans...

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  • April 29, 2021

Just wanted to share this: Texas Senator Ted Cruz was not a fan of a Tuesday Daily Show segment and he let host Trevor Noah know it. The bit was about Congressional reapportionment due to population shifts in the U.S. Those shifts are causing New York to lose a U.S. House seat while Texas picks up...

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  • April 29, 2021

I’m probably a lot closer on the political spectrum to Alexandria Ocasio-Cortez than I am to Joe Biden—and not just because I prefer a Starbucks triple venti nonfat soy caramel baby’s blood macchiato to whatever low-rent greasy spoon baby’s blood bevvie Biden drinks. Probably has Sanka in it. Pfft. So I appreciate what AOC is saying...

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  • April 26, 2021

Sen. @HeidiHeitkamp slammed Gov. @ChrisChristie tax lie. @Angela_Rye had to school a cognitive dissonant panel on rotten police. @FareedZakaria posits Turkey v. America genocide. Gov. Christie tax lie called out by Sen. Heitkamp x YouTube Video Chat – Join Politics Done Right Live weekdays @ 3:00 PM Central Video Zoom:...

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  • April 26, 2021

Gov. Chris Christies thought he would get away with the socialism and double taxation trope. Sen. Heidi Heitkamp would have none of it. Christie did not expect this from Heitkamp x x YouTube Video See full episodes here. The ThisWeek panel was discussing President Biden's economic proposals. One of them...

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  • April 26, 2021

I refute Rep. Kevin Brady’s defense of GOP’s objections to taxing corporations with a myriad of lies and misinformation in his Stephanie Ruhle interview. Stephanie Ruhle grills Rep. Kevin Brady (R-TX) See full episodes here. Republican Texas Congressman Kevin Brady appeared with Stephanie Ruhle. He expressed Republican objection to any...

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  • April 22, 2021

Received this e-mail today from Finance Committee Chairman, U.S. Senator Ron Wyden’s (D. OR) re-election campaign: x It’s past time to end the federal prohibition of cannabis. @SenBooker @SenSchumer and I are working hard to get it done this year.— Ron Wyden (@RonWyden) April 21, 2021 I've been asked a...

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  • April 22, 2021

With over half of American adults now vaccinated with at least one Covid shot, President Joe Biden is acting to keep the momentum rolling by offering employers tax credits if they will give their employees incentives to receive the injections. http://www.cnn.com/… “As we move into the vaccination campaign focused on working age...

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  • April 21, 2021

I thought Schaden-Friday might slip away without a good dose of bad news for a bad, bad person. Ah, but it came through in the end to bite one of the most loathsome arses on God’s verdant vale of tears. Roger Stone may want to grab his blankie, because there...

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  • April 16, 2021
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Anand Giridharadas wrote a piece for The Atlantic asserting that Biden has been moving leftward.  This may only be a short term impression only because the GOP is trying to find its way after the previous guy is gone and before he may be indicted. The real problem lies with...

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  • April 16, 2021
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