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Taxes Tag

Posted by William A. Jacobson on July 04, 2012 34 Comments

The conundrum - how to be intellectually consistent that the mandate was an unconstitutional penalty to force people into commerce, yet deal with the fact that The Chief and the four liberal Justices called it a constitutional tax. I said the only solution to this pretzel...

Posted by William A. Jacobson on July 02, 2012 73 Comments

Saving Obamacare by calling a penalty a tax has created all sorts of political contortions. What if the Supreme Court had called a dog a cat, would we then be required to call a dog a cat, particularly if it were better for us? That's where we...

Posted by William A. Jacobson on April 15, 2012 38 Comments

A reader writes: Not sure if you have something planned for tax day, but thought you'd like a little perspective from the private sector. If you do use it, please hold back our names - a few of my clients are liberals! The joys of being a small business...

Posted by William A. Jacobson on March 31, 2012 51 Comments

Is this really happening again?  Is Mitt Romney refusing, even assuming he is the nominee which looks likely, to release any more tax returns? Romney released his 2010 return and projections for 2011 only after a disastrous couple of weeks of refusing to do so.  I predicted...

Posted by William A. Jacobson on March 26, 2012 45 Comments

Herman Cain's Sick of Stimulus website has released a new web ad. It's right up there with the "greats" of web ads.  (h/t Robert Costa, who says he is speechless.) Update:  This reaction from one of the people behind the Rush boycott actually is quite unintentionally funny: And, Cain...

Posted by William A. Jacobson on February 26, 2012 16 Comments

One of our readers, Patricia, has started doing graphic production work for a local Tea Party group, check out her first item. Elsewhere: AP Rigs Poll for Obama . Krauthammer: When Will Islamic Nations Apologize To Us….  The thing about Charles is that he keeps asking questions. The president’s fuel...

Posted by William A. Jacobson on February 20, 2012 32 Comments

If only Obama could get over 50%, he'd have a lock on re-election: Update:  Remember, because of the implicit marginal rate, people in this category face huge financial disincentives to earning more money....

Posted by William A. Jacobson on February 09, 2012 34 Comments

Caterpillar has ruled out building a planned new plant in Illinois due to the negative business climate, via AP: "Please understand that even if your community had the right logistics for this project, Caterpillar's previously documented concerns about the business climate and overall fiscal health of...

Posted by William A. Jacobson on January 18, 2012 10 Comments

Some of the best YouTube videos are the ones you find when you are looking for something else. And I think this is a pretty good one for three reasons.  First, how great is it to see this piece of history?  Second, it highlights the argument...

Posted by William A. Jacobson on January 18, 2012 29 Comments

Chris Christie on the Today Show this morning: New Jersey Gov. Chris Christie, one of Mitt Romney's most popular and visible surrogates, said Wednesday the Republican presidential candidate and former Massachusetts governor should release his tax returns as soon as they're available. "I would say if you...

Posted by William A. Jacobson on January 17, 2012 55 Comments

I saw this coming from a mile away. Mitt Romney's original position that he would not release his income tax returns, a position he held to for several weeks, now is slipping. At the debate last night Romney gave a convoluted answer that he "probably" would release...

Posted by William A. Jacobson on January 05, 2012 26 Comments

No one could have seen this coming. Romney Tax Returns Become a Problem Mitt Romney, a multimillionaire who is by far the wealthiest of the Republican presidential candidates, said he has no plans to release his income tax returns if he wins his party’s nomination, setting himself...

Posted by William A. Jacobson on December 31, 2011 22 Comments

The second Mitt Romney announced he would not release his income tax returns if he becomes nominee I predicted it would not stand because the refusal would, at a minimum, create a major distraction.  It's part of a larger problem with secrecy which will haunt Romney if...

Posted by William A. Jacobson on December 26, 2011 38 Comments

Bob Woodward had a lengthy article yesterday in The Washington Post, In his debut in Washington’s power struggles, Gingrich threw a bomb. The article concerns Newt's refusal as Republican Whip to go along with George H.W. Bush's 1990 deal with Democrats to raise taxes. The deal, which breached Bush's "read...

Posted by William A. Jacobson on December 23, 2011 41 Comments

We keep hearing about how we should not nominate a candidate who is not disciplined and will create needless general election distractions . This certainly will be a major distraction, Romney Says He Won’t Release Tax Returns: “I doubt it,” Mr. Romney said, according to a transcript...

Posted by William A. Jacobson on December 21, 2011 24 Comments

The tease on the homepage of The Hill for an article about Obama's Christmas vacation dilemma reads: The tax fight could force Obama to spend the holidays in an empty White House listening to Elvis’s “Blue Christmas.”… The second I read that a scene from a movie came...

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