Taxation

Jen Psaki once again takes Peter Doocy to the cleaners. The fallacy on Trump’s strong on Russia exposed. GOP to raise taxes on the poor. Jen Psaki strikes again x YouTube Video Chat – Join Politics Done Right Live weekdays @ 11:00 AM Central Video Zoom: LINK — Live Calls:...

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  • March 7, 2022

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

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

Statistically, the state with the highest black population by percentage in America is Mississippi; or is it? I came of age in Washington, D.C. in the 1970s and at the time D.C. had a predominantly black population, as it does now. The number of black residents has dwindled significantly. At...

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  • April 28, 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

Previous guy colluded with Russia, led a Capitol insurrection, and is not rotting in a prison cell. But if it happens, could there be enough secessionist nut-logs ready and willing to bust him out. “I think this blending of the far-right militia movement with overt secessionism is something I think we’re...

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  • April 14, 2021

Neofeudalism redux: more playing into the hands of the Russian support for syncretic RW groups in the US. For the US, it is an act of violence and the GQP is fomenting it at the state level for a Trumpist constituency. Imagine that moment when they rationalize secession to keep the...

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  • April 10, 2021

I read “Biden Can Go Bigger and Not ‘Pay for It’ the Old Way” by Economics Professor and MMT advocate Stephanie Kelton. It is an important read that we need to understand. Stephanie Kelton hits the nail on the head. See full episodes here. Ironically Professor Kelton shared some concerns with former...

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  • April 7, 2021

It always seemed absurd to me that hundreds of thousands of U.S. citizens have no effective representation in Congress. And I’m not just talking about Alabamans. But to hear some conservatives tell it, that’s as it should be because, you know, D.C. doesn’t have a car dealership. And they already make their...

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  • March 22, 2021

One wonders why Moderate and Centrist Democrats don’t understand our current politics. AOC is correct as they play into the hands of the GOP. Watch the entire clip. AOC hits the nail on the head See full episodes here. Democrats must remember who brought them into power. Urban America and the...

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  • March 4, 2021

Playing catch up here. Received this e-mail from U.S. Senator Chris Van Hollen’s (D. MD) re-election campaign: For far too long the people of the District of Columbia have been denied their right of self-governance and have faced taxation without representation. This injustice must end. Washington, DC should be a...

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  • January 30, 2021

x I’ve tested positive for coronavirus. I’ll b following my doctors’ orders/CDC guidelines & continue to quarantine. I’m feeling good + will keep up on my work for the ppl of Iowa from home. I appreciate everyone’s well wishes + prayers &look fwd to resuming my normal schedule soon —...

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  • November 17, 2020

x I’ve tested positive for coronavirus. I’ll b following my doctors’ orders/CDC guidelines & continue to quarantine. I’m feeling good + will keep up on my work for the ppl of Iowa from home. I appreciate everyone’s well wishes + prayers &look fwd to resuming my normal schedule soon —...

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  • November 17, 2020

One of the strongest arguments for including a public option to the Affordable Care Act would not only provide millions of Americans health care, it’s also a huge step from having to rely on your employer to provide health care. U.S. Senate candidate, Dr. Al Gross (I. AK), sat down...

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  • July 27, 2020

Katy Tur who for some time has been pushing back at the guardians of unfettered capitalism that impoverish many called the system out today. It was a segment of beauty. Katy Tur strikes again x x YouTube Video Watch complete episodes here. The setup for the segment was all-encompassing and...

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  • July 19, 2020
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Modern Monetary Theory (MMT) can (but not will) save the US economy. What with the White House Council of Economic Advisors now reduced to one economist, it’s worth noting that one of their econometric models (Hassett) influenced the prediction that COVID-19 infections in the US would go to zero by...

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  • June 28, 2020

Completely agree: Former Vice President Joe Biden has renewed his criticism of e-commerce giant Amazon, once again turning the company into a political football that has been kicked around by presidential candidates on various issues, including taxes and delivery charges. On Friday, Biden was asked in a CNBC interview on...

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  • May 23, 2020

Below is a collection of things that I’ve been saving up — including the problems of CV-19, MMT, neoliberalism, and other things relating pandemics to the economy. If there’s a point to this selection it is to remind ourselves what will happen in 2021 with Larry Summers now advising the Biden...

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  • April 26, 2020
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Michelle Goldberg from The New York Times has a piece out that I recommend sharing to any fellow progressives who still aren’t sold yet on Joe Biden’s campaign to deliver on progressive policy: Lawrence Mishel, a well-known labor economist, has been a critic of centrist Democrats for decades. “My adult...

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  • April 21, 2020

First an apology. My post yesterday on my decision to vote for Warren (which I did at about 9:45 AM) and to contribute to her campaign ($100 online) was my first posting here in more than a month. Some may remember that in mid-November I suffered a stroke, later had...

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  • February 23, 2020

Thomas Piketty’s new book, emphasizes the role of ideology in preserving and challenging capitalism even as “multigenerational wealth transfers, combined with high rates of return on capital, will inexorably create an uberrich capital class.” George Eaton’s article in New Statesman has some useful and current observations. “The key point is that...

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  • February 13, 2020

Some big news out of Iowa today courtesy of the Des Moines Register: The Des Moines Register editorial board endorses Elizabeth Warren in the 2020 Iowa Democratic caucuses as the best leader for these times. The senior U.S. senator from Massachusetts is not the radical some perceive her to be....

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  • January 26, 2020

Oath of offices for republicans, disregarded by a sham Senate impeachment trial, apathy and unconcern and downright distraction from half of the voting public  and denial plus addiction is what 2020 looks like so far.  We have loyal followers of the so called King.   It is no longer All the president’s men...

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  • January 23, 2020

Overview Since the earliest days of Donald Trump’s Presidency, we have attempted to catalog all of the harmful actions committed by his administration. Furthermore, by categorizing these actions by policy areas and scoring their relative impact, we have attempted to understand how the Administration operates and measure where it’s done...

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  • January 20, 2020

The report is out on Donald Trump’s tax cut and it is not pretty. Just as we expected it helped corporations and not the people. David Cay Johnston said the tax cut scam was nothing but a future tax increase with interest. He was unequivocal in the clip below as he slammed...

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  • December 27, 2019

Rand Paul went on The View to explain the RWNJ critique of “socialism”, hoping he wouldn’t see his neighbor, but didn’t win any support for the notion that rich people have it bad. x Rand Paul gets laughed at by The View audience after saying that the 1% has it...

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  • October 11, 2019

now up at the New York Times website and titled The Rich Really Do Pay Lower Taxes Than You. I strongly urge everyone to read it. There is a mobile graphic that runs from 1950 to 2018 by mobile I mean the line showing the effective rate of taxation across...

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  • October 7, 2019

I haven’t seen Amy McGrath’s ad about Moscow Mitch dissing coal miners who suffer from black lung disease yet on the TV, but McGrath is being credited with getting Moscow Mitch to pop his head out of his shell to write a letter to the Labor Department over a current...

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  • August 31, 2019

My answer is Yes.  Every time Democrats roll out a proposal to reform health insurance, or reduce education debt, or expand access to pre-school, or invest in infrastructure,  or fund education, etc., there is an expectation that the Democrats will explain — in the weeds and with rough mathematical credibility — “how they...

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  • August 2, 2019

Forever committed to shining a constant, glowing spotlight on members of Donald Trump's political base with a series of endless updates that closely examine their unwavering support, The New York Times has carved out a completely new political beat during the past two years. The Times' white voter obsession (see here, here, here,...

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  • July 25, 2019

OK..Just forget the danger we are in with this climate change. I sit here with the news telling me it is 85 degrees at 12 midnight and 94 today when every mercury reading thermostat told me different today in the shade and in the sun and registered  100 in the car ...

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  • July 2, 2019

When House Ways and Means Committee Chairman Richard Neal of Massachusetts demanded the Internal Revenue Service turn over six years of Donald Trump’s tax returns to his committee, he was doing so with the law fully on his side. As past Treasury Secretary Lawrence Summers, former Joint Committee on Taxation chief...

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  • April 14, 2019

A new analysis from the Center for American Progress has found that the tax cuts the GOP enacted in 2017, which Donald Trump has repeatedly lauded as the biggest in American history (cue Ron Howard: they weren’t), magically morphed into tax increases for more than 10 million American families. While campaigning...

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  • April 14, 2019
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“It’s not so much left vs. right as it is top vs. bottom…” Alexandria Ocasio-Cortez Joe Crowley was moving up the line to become Speaker, but he should never have been allowed to climb the party hierarchy to begin with.  He was everything the Democratic Party should have been fighting against:...

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  • March 29, 2019

Let me get all my caveats out of the way as I hastily don my flak jacket. I like Bernie Sanders. After seriously considering Hillary Clinton, I voted for Sanders in the 2016 Oregon primary. When Hillary won the nomination, I enthusiastically backed her, and was just a bit peeved...

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  • February 19, 2019

So what was your tax refund this year?  Donald Trump loves to tweet-bomb Amazon, mainly because its owner, Jeff Bezos, also owns his bête noir The Washington Post, but he sure has given the company a helping hand. Thanks to Trump’s 2017 tax giveaway, also known as the 2017 Tax Cuts for Obscenely...

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  • February 15, 2019

The GOP has, in multiple states, enacted severe penalties for the completely non-existent crime of in-person voting fraud. This is mostly to scare people in lower income areas into thinking that voting could be a crime—and make them think that perhaps it’s best not to risk casting a ballot. The true crime,...

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  • October 27, 2018

Campaign Action During the run-up to the passage of the “Republican Tax Cuts and Jobs Act” late last year, one technical paper from the Treasury Department’s Office of Tax Analysis suddenly went missing. Why “Distributing the Corporate Income Tax: Revised U.S. Treasury Methodology” alone among the office’s four-decade online archive of...

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  • March 5, 2018

“You can fool some of the people all of the time, and that’s our target market.” That perversion of Abraham Lincoln’s timeless adage might as well be the slogan of the modern Republican Party, especially when the topic is taxes. After all, the Congressional Budget Office (CBO), the Joint Committee...

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  • December 10, 2017

With apologies to Benjamin Disraeli, there are three kinds of lies Republicans are telling about their tax plan: lies, damned lies, and f**king lies. Constraints of space and time preclude listing them all, but here is a handful of the GOP’s most farfetched falsehoods. For example, earlier this month House...

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  • November 26, 2017

Two years ago, I had a highly recommended post excerpting various pundits on both sides of the aisle forthrightly describing the increasing insanity of the Republican party.  The point was that the danger presented by Republicans was so obvious that a new genre of punditry arguably had been invented — the effort to concisely...

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  • November 17, 2017

I believe it was Andrew Sullivan who coined  the phrase “Cold Civil War” to describe the current state of our Republican-Democrat divide, with the geography and ideology of our current dystopia uncannily matching the Mason-Dixon line that characterized our previous Civil War.  As Sullivan wrote a few years ago:  This, then, remains a...

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  • November 3, 2017

Saturday, October 28th: it’s election day here in Iceland. Always a Saturday, because what sort of country would schedule elections on a working day?  Seriously, people!  😉  Some background information: 1) Why elections now? Our previous government was highly divided, with three parties — the right-isolationist Independence Party (Sjálfstæðisflokkurinn / xD),...

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  • October 28, 2017

You’re probably by now used to maps in which the US is one of just a handful of countries colour-coded for “countries that do X”, where X is something that countries shouldn’t be doing. Let me add another: the above map is how countries determine who needs to file and...

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  • April 16, 2017

Taxes should be paid where the sales generate profit, this in turn benefits those who actually buy the products. If money is continually siphoned out of an economy that economy will suffer. When those sums become so great as they bend political parties to their will [btw the Tories have...

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  • January 31, 2016

This is not the politics of envy, this is utter madness Runaway inequality has created a world where 62 people own as much as the poorest half of the world's population, according to an Oxfam report published today ahead of the annual gathering of the world's financial and political elites...

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  • January 18, 2016