Category: Taxation
Overview of GOP Tax Bill
The New York Times is out this morning with a good overview of what is in the GOP's final tax bill up for vote likely next Tuesday, here and here. The bill can be summarized as follows, in descending order of priority: Multi-national corporate tax cut & reform: The US corporate tax rate falls from ...
The Political Brilliance of the GOP Tax Plan
It is impossible to overstate the political brilliance of the GOP tax plan. By simply repealing the SALT deduction, the Democrat-crafted tax bill (i.e. by NY Democrats Trump, Cohn and Mnunchin) boxes in the Democrat Party. After years, and years, and years of progressive high tax & spend rule in NY, NJ, and CA, we ...
The GOP Sucks
Both sides of the political aisle suck. Badly. The political Left has no agenda outside of "Medicare for All", minimum wage hikes, "free" college, and identity politics, so we can excuse the complete and utter lack of constructive input throughout the tax cut & reform debate. Let's focus on how badly the GOP sucks, since ...
Fun With Blue State SALT Licks
In honor of tomorrow being the last day of white tail deer rifle season in Maine, let's have some fun with "blue" state SALT licks. As outlined here and everywhere months ago, the GOP tax cut & reform plan was designed by the Trump Democrats - Trump, Cohn, Mnuchin - to trap Democrats. It's pure ...
David Brooks on Taxes
Wowza does David Brooks - socialist writer for The New York Times - nail *it* with this write-up from Tuesday. He gets it: The GOP proposal was brilliantly designed by lifelong CA/NY Democrats - Trump, Cohn, Mnuchin - to box in the Democrat Party in order to pay for corporate tax cuts & reform. It ...
Marco Rubio’s Child Tax Credit Proposal
In an op-ed Monday, Marco Rubio makes the case that the cost of child bearing has gone a long way toward reducing the birthrate in the US, and that the US tax code should prioritize helping families pay for that cost over funding special interests. How unbelievably strange. Especially for a Republican. As I have ...
The WSJ Poops Its Tax Reform Pants
The House tax plan is stellar: It goes a long way toward making the US far more competitive as a global destination for corporate investment capital; it dramatically lowers the pass-thru business rate for higher income private SMIDs, key drivers of US employment; and it simplifies the tax code while retaining its progressiveness. (I will ...
