Tax Politics
The Politics of Taxes
WSJ: JP Morgan and SPLC
The Wall Street Journal's Kimberly Strassel had some sharp words regarding Jamie Dimon's hefty donation to the Southern Poverty Law Center (SPLC): Corporate America will do almost anything to stay on the safe side of public opinion—at least as it’s defined by the...
Wealthy Connecticut is Not So Wealthy
Despite Connecticut's status as one of the wealthiest states in the country, its fiscal health is in rapid decline. A hefty debt load has left the state without a budget for two months as lawmakers squabble how to best deal with the reality of "high taxes,...
Quickly Noted: Kamala Harris On the Rise
Kamala Harris, the junior Senator from California, has been fueling speculation that she might be a Democrat contender for President in 2020. For months now, she has been holding fundraisers with high-dollar big-wigs, and now there are indications that she will be...
Record Federal Tax Revenue For July
As always, CNSnews posts the monthly revenue data as it is released from the Treasury. I have reposted it below in its entirety: "The federal government collected record amounts of both individual income taxes and payroll taxes through the first ten months of fiscal...
Bloomburg: Most Economist Think Tax Reform Will Happen
According to Bloomberg's monthly economist poll, 78% of respondents think that Congress will be successful with tax cuts prior to mid-term elections next year -- though they may be less ambitious than what has been originally planned. Trump has promised to make this a...
Anthem Exits Virginia Marketplace
Anthem announced today that it would discontinue individual insurance coverage plans in Virginia in 2018, the third major insurer to do so this year; Aetna and United Health announced their plans earlier in the year. For Anthem, this marks the 4th state change so...