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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...
IRS Finally Issues Tea Party Status: DENIED

As we've been following this story regarding the IRS for years, here's the latest update from the Washington Times: Nearly seven years after it applied to the IRS for nonprofit status, the Albuquerque Tea Party has finally been given a decision: Denied. The tax...

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Jay Cost on Obama: Disintegrating Coalitions

Jay Cost is one of my favorite writers these days, blending history and analysis in a straightforward tone. Here's his take on why Clinton lost:  "Political coalitions are tricky things to manage in the United States. Ours is a country of more than 320 million people...

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Trump Wins — Here’s His Tax Proposal

Over the next week or two, I'll do a more thorough analysis of portions of Trump's tax plan. Here it is in full, so that you don't have to go searching for it: DONALD J. TRUMP’S VISION Reduce taxes across-the-board, especially for working and middle-income Americans...

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Trump Taxes

As a financial guy, I find that there are certain things that Trump is suggesting in his tax plan that are just flat out ridiculous. For instance, his childcare plans are ludicrous -- because we simply cannot have things that add huge complexity to the code anymore....

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Disparate Impact Alive and Well

I've written about disparate impact numerous time over the years, warning that this tactic would begin to be seen more frequently beyond the business world, such as in housing and labor.  Thomas Perez and Loretta Lynch are two of its fiercest advocates, and a recent...

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