Monthly Archives: July 2020

Choose your story on economic stimulus

HyVee store

Good economists (and some bad ones) disagree on the effects to the economy of this year’s $1200 per person direct stimulus payment. Lots of data get thrown around, but let me suggest that whether you believe another round of direct cash stimulus is warranted depends more, even if you are a “data person,” on which of these three “stories” answers… Read more »

Rescuing moral probity

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Republican coalition vectors

In a recent post I used a graphic illustrating what I call six traditional Republican “vectors” of general directional agreement over time. Three of these have been virtually obliterated (the red X’s) from public party conversation in the four years of Trump. The bottom vector shown is my contention that pre-Trump Republicans had long put a high value on the… Read more »

A tax plan for Biden #3 – taxing corporations

World map

The first two parts of this series of posts looked at quick hits and then larger principles that I believe Joe Biden should focus on in rescuing the mess that is the U.S. Tax Code. We need to restore both tax fairness and revenue effectiveness, both of which are in rough shape today. Business and corporation taxes, the subject of… Read more »

The anatomy of an 11-day Covid-19 test report

Covid testing Sarasota

The test result finally came eleven days, almost to the hour, from getting swabbed at a mass drive-up testing site on July 2nd. Even then, the confirmation came not through the official portal, but rather via secure email from one of the several email, website response and telephone call queries I had been making for several days. I had been… Read more »

A tax plan for Biden #2 – guiding principles

Tax expenditures 2018

In Part One of this series, I looked at several “quick hit” actions a Biden Administration could take to restore some measure of sanity to the U.S. tax system. In this part, I want to lay out my basic principles for a fairer, simpler, and more effective federal income taxing system. I believe these principles also to be legislatively achievable…. Read more »

A tax plan for Biden #1 – the quick hits

tax-rate-changes-snap

Joe Biden has been honest about the reality of raising taxes to offset the reckless and economically disastrous 2017 cuts if he gets in office. “You all know in your gut what has to be done,” he told a group of fundraisers a year ago. My CPA certificate is in retirement status but I still know how to count. The… Read more »

The Covid attack on empathy, sympathy and compassion

Empathy-Sympathy-Compassion

It is now official. The coronavirus mitigation policy of President Trump and state governors like Iowa’s Kim Reynolds is now essentially, “Sorry, old folks and immigrant workers, a lot of you are gonna die.” As a member of that honored class, pardon me if I am angry today. The coronavirus has taken a huge hit on three bedrocks of human… Read more »