In his 2007 book The Assault on Reason, former Vice President Al Gore warned about what he saw as a dire threat to American democracy. "The 'well-informed citizenry,'" Gore fretted, "is in danger of becoming the 'well-amused audience.'" In a presentation on Super Tuesday 2008 ("That's Entertainment: Politics as Theater in Campaign '08"), I elaborated […]
Category: Taxes
This past two weeks have been big ones for some very big promises from Republicans in Washington. It didn't go well for them. Three weeks after House Republicans voted to pass a new version of their "American Health Care Act," the nonpartisan Congressional Budget Office (CBO) weighed in on high-profile pledges from President Donald Trump […]
Long before it mastered the mass production of "fake news," the Republican Party propagated its Ur-lie that "tax cuts pay for themselves." Almost from the moment that Arthur Laffer first sketched his now-famous curve on a napkin in 1974, right-wing pundits, politicians, and propagandists have declared as an article of faith the belief that tax […]
On Saturday, April 15, thousands of Americans will take part in Tax Day Tax Marches in cities and towns across the country. Their objective? To pressure President Donald Trump to release his hidden tax returns. The concerns are certainly legitimate. After all, Trump isn't merely the first occupant of the Oval Office in over 40 […]
With the Republican drive to repeal and replace Obamacare halted (at least, for now), President Trump and GOP leaders are moving on to their next quest: tax reform. On this issue, press secretary Sean Spicer declared, Trump will be "driving the train" because "this is a huge priority for him, something that he feels very […]
Over the past week, the White House has been completely overwhelmed by the Trump administration's mushrooming medley of Moscow outrages. But to what Vox labelled the "3 Trump-Russia Scandals"--potential Trump collusion with Russia against the Hillary Clinton campaign, possible Trump lies about Michael Flynn's outreach to the Putin government and purported kompromat Russian intelligence may […]
On March 23, 2010--the very day President Barack Obama signed the Affordable Care Act into low--then-Senate Minority Leader Mitch McConnell (R-KY) announced his party's objective would be to "repeal and replace" Obamacare. But now, almost 7 years later, McConnell and Congressional Republicans finding it extremely hard to do either. And soon the task for Majority […]
So far, the defining trait of the incoming Trump administration is its staffing with extremists dedicated to destroying the agencies they are supposed to head. Friday was no exception, as President-elect Trump made the latest addition to his Kamikaze Cabinet by selecting South Carolina Republican Congressman Mick Mulvaney to direct the Office of Management and […]
"Reagan," Vice President Dick Cheney said in 2002, "proved deficits don't matter." Unless, Cheney felt no need to mention, the occupant of the Oval Office is a Democrat. After all, Ronald Reagan had tripled the national debt in 8 short years and George W. Bush had nearly doubled it again by the time he ambled […]
The revelation that Donald Trump may have paid no federal income taxes over the past two decades is a dagger aimed at the heart of his presidential candidacy. For starters, his reported $915 million loss in 1995--his second billion-dollar implosion in five years--makes a mockery of Trump's repeated boasts that he is a "tremendously successful" […]