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Tax Politics

The Politics of Taxes

Reciprocal Tariff Ignorance

President Trump continues to pursue his misguided tariff crusade believing that he is somehow protecting American industries and employment. His latest move, reciprocal tariffs (which he intends to begin April 2), is even worse. Trump has stated that he plans to impose tariffs based on “what they charge us, we charge them,” which is an economically stupid idea. Advocates of this policy like to...
Puerto Rico Votes For Statehood in Non-Binding Referendum
Puerto Rico Votes For Statehood in Non-Binding Referendum

23% of Puerto Ricans voted today for a statehood referendum, and 97% of them cast a vote in favor of it. 1.5% percent voted for independence from the United States, according to Decision Desk HQ, while 1.3%  voted to keep the current status of a territory of the...

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Single Payer California: High Price Tag, No Plan
Single Payer California: High Price Tag, No Plan

From the LATimes: A proposal to adopt a single-payer healthcare system for California took an initial step forward Thursday when the state Senate approved a bare-bones bill that lacks a method for paying the $400-billion cost of the plan. The proposal was made by...

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How Trump Needs to Repeal and Replace
How Trump Needs to Repeal and Replace

President Donald Trump told the American public that he wants to keep Obamacare, at least to the extent of the provisions that protect individuals with pre-existing conditions and allow 26 years olds to stay on their parent’s plan. This is, in fact, a ridiculous...

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Tax Return Shenanigans Not a New Thing
Tax Return Shenanigans Not a New Thing

The National Review reprinted an article from their archives, first written on May 30, 1994. It recounts the media treatment of George Bush, Sr.'s tax returns from 1991. Not surprisingly, the analysis omitted certain facts from the return to make the Bushes appear to...

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Privatizing Social Security
Privatizing Social Security

The Wall Street Journal recently published a discussion on the pros and cons of privatizing Social Security (“Should Social Security Be Privatized?”, March 27). Gus Sauter did a decent job outlining the positive aspects of this pathway showing that privatization is...

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AETNA To Quit Obamacare Entirely
AETNA To Quit Obamacare Entirely

Last year, Aetna announced it would cease providing insurance in 11 states. Then in April, Aetna said that it would leave Virginia and Iowa, leaving just a few states with Aetna coverage. Now, Aetna has announced that it will leave Obamacare altogether, citing cost as...

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