"Not my fault"
He still can't find Niger on a map, and still doesn't know it's different from Nigeria, but that wasn't the problem. "Why can't they give their kids names someone can remember, Kelly? Tell me that!"
NAFTA
It's a real dilemma when the guy who wants to slash your taxes also insists on screwing up your supply chains and demolishing your agricultural exports — not to mention the little problem of a five-year renewable trade agreement being the same as no trade agreement at all.
Tax Reform
Reagan exploded the deficit and the debt, so Republicans just might be willing to do it again to satisfy their wealthy patrons. With mortgage interest, charity, and 401K deductions proclaimed "safe," and elimination of the deductions for state and local taxes on thin ice, the "deficit hawks" might have to reveal themselves as the hypocrites they've been all along.
Sexual Politics
Predatory behavior by powerful men may suffer a setback in light of scandals in Hollywood, the tech sector, and at Fox News, but America still has a long way to go to overcome its stubborn belief in female inequality. Who's going to "reform" the religious right? Mike Pence?
The Republican "Rebels"
It would be nice if some Republicans who weren't about to retire (or die) were willing to point out some of their nominal leader's glaring flaws, but things may have to get a lot worse before that happens. Self-interest continues to outweigh the interests of their party or their country.
Showing posts with label tax reform. Show all posts
Showing posts with label tax reform. Show all posts
Tuesday, October 24, 2017
Briefs
Labels:
Corker,
deficit,
McCain,
NAFTA,
Niger,
sexual harassment,
tax reform,
Trump,
war dead
Tuesday, October 17, 2017
Representative Government?
The sock puppet you see here is Lee Zeldin, a Republican from New York's 1st Congressional District, the east end of Long Island. I live there.
Zeldin was elected in our Tr*mp-leaning district by a collection of xenophobes afraid of our Latino immigrants, religious bigots afraid of our homosexuals, and rich people who just don't want any of their money spent on anybody who isn't them. Based on his voting record in the House, he needn't worry about being "primaried" from the right.
One might say Zeldin's supporters got what they wanted, but they're about to get something they won't like at all. Long Islanders pay seriously high state and local taxes, and Zeldin soon will vote to make those taxes non-deductible. Why? Because Zeldin's party loyalty is absolute. The people he "represents" don't matter.
Ours is a swing district, so if Democrats mount a competent campaign, Zeldin's vote on taxes ought to cost him his seat in 2018. Most congressional districts, though, are not swing districts: they are heavily gerrymandered "safe" districts whose "representatives" can safely ignore the needs of their voters. Only the deep-pocketed donors who dictate party policy positions must be satisfied.
Voters in very different districts have very different needs. If legislators were truly representative of those who send them to Washington, far more legislation would be the product of bargains, trade-offs, and compromise. Today's extreme partisanship is a clear indicator that our democracy is broken.
Saturday, September 30, 2017
Money Matters
“I’m doing the right thing, and it’s not good for me. Believe me.”
Rule of thumb: every time Tr*mp says, "Believe me," he's lying. The Republican tax plan, whatever it turns out to be, will be great for him.
At the moment, the tax and budget proposals are too vague for fiscal analysis — a big plus from the Republican perspective because that makes it impossible for the CBO or anybody else to estimate their real impact. What is clear is that they depend on the same supply-side fairy tale that has failed to produce a happy ending since Arthur Laffer first drew his magical Laffer Curve back in 1974.
Despite the threat of immense budget deficits, the "deficit hawks" are silent — predictable, since they never really cared about deficits. What really bothers them is the thought of government spending on anybody not already a multimillionaire.
Some proposals, like ending the inheritance tax, probably are included as "giveaways" to be "sacrificed" in order to get the big-ticket items, like the hyper-expensive tax cut for "pass-through" income. Hopefully, though, there will be ample fractiousness among mega-rich factions to ensure that nothing at all gets done. Fingers crossed.
Labels:
budget,
pass-through,
tax cuts,
tax reform
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