Smart. Sharp. Funny. Fearless.
Saturday, October 22, 2016
Donald Trump During the Debate

Brutal: Clinton Wins Post-Debate CNN Poll, Mexican Peso And Asian Shares Climb

A CNN/ORC snap poll of debate watchers found that 57 percent thought Clinton won the encounter, versus 34 percent for Trump. In a post-debate YouGov poll of 812 voters, Clinton won by 47 percent to 42 percent.

October 10, 2016
Russia's President Putin meets United Russia party members in Moscow

Debate: Pence Pushes Harder Line On Russia Than Putin’s Pal Trump

Mike Pence’s denunciation of Vladimir Putin was a sharp departure from the frequent praise of the Russian leader by Donald Trump.

October 5, 2016
Trump taxes, US troops, soldiers’ pay, political cartoon

Cartoon: Soldiers’ Pay

October 4, 2016

Legal Experts: “Fiduciary Responsibility” No Excuse For Tax Avoidance

“[Trump] owes no fiduciary duty to anyone else not to pay personal income tax. It is an almost incomprehensibly incoherent argument,” said USC law professor Edward Kleinbard.

October 4, 2016
Democratic U.S. presidential candidate Hillary Clinton is accompanied by her husband former President Bill Clinton as she speaks to supporters at her final 2016 New Hampshire presidential primary night rally in Manchester

Today’s Big Lie: The Clintons ‘Avoided Taxes Just Like Trump’ (No, They Didn’t)

The Clintons’ 2015 return shows a roughly $700,000 capital loss carried over from a prior year, that loss originates with the financial crash of 2008, and provided only a $3,000 deduction. They paid $3.2 million in federal income taxes in 2015.

October 3, 2016
Trump, I’m Smart, IRS, taxes, political cartoon

Cartoon: “I’m Smart”

I so smart!

October 3, 2016
Donald Trump speaks during the first debate.  REUTERS/Lucas Jackson

Debate Gaffe: Did Donald Trump Admit Paying No Federal Income Taxes?

Among the most telling consequences of Trump’s poor preparation was what sounded like a very damaging admission by the self-proclaimed billionaire that he doesn’t pay federal income taxes.

September 27, 2016
Donald Trump shakes hands with Hillary Clinton at the conclusion of their first presidential debate. REUTERS/Mike Segar

Clinton, Trump Clash Over Race, Experience In First Debate

“He (Donald Trump) has really started his political activity based on this racist lie that our first black president was not an American citizen. There was absolutely no evidence for it. But he persisted. He persisted year after year,” Hillary Clinton said.

September 27, 2016

5 Reasons The Clinton/Trump Debate May Be The Most Important Night Of Our Lifetimes

It will likely be the most highly viewed debate in the history of the world — and here’s why it could be the most consequential.

September 26, 2016
Republican presidential nominee Donald Trump appears at a campaign rally in Miami, Florida, U.S., September 16, 2016. REUTERS/Mike Segar

Donald Trump’s Economic Leap Of Faith

“Over the next 10 years, our economic team estimates that under our plan the economy will average 3.5 percent growth and create a total of 25 million new jobs… This growth means that our jobs plan… will be completely paid-for in combination with proposed budget savings.”

September 18, 2016
Republican U.S. presidential nominee Donald Trump speaks to the Detroit Economic Club at the Cobo Center in Detroit, Michigan August 8, 2016. REUTERS/Eric Thayer -

Trump Offers Huge Favors To Billionaires, Calls It A Big Economic Speech

If it came out of the mouth of any other politician, the speech delivered Monday by the Republican presidential candidate at the Detroit Economic Club would have been stunning in its mendacity. But issuing forth from the pie-hole of Donald J. Trump, it was, sadly, to be expected.

August 9, 2016
Britain's Chancellor of the Exchequer George Osborne leaves number 11 Downing Street in London, Britain March 22, 2016. REUTERS/Eddie Keogh

British Finance Minister Cuts Corporate Taxes To Stay ‘Competitive’

The new rate, which was announced without a target date, compares with Osborne’s previous target to cut corporation tax to 17 percent by 2020 from 20 percent now. It compares with an average of 25 percent among most developed economies.

July 4, 2016
Hillary Clinton Ohio Speech

#EndorseThis: Clinton Takes On Trump’s Business Record

“You know, when I was working on this speech, i had the same experience I had when I was working on the speech I gave about foreign policy and national security,” she said, before talking about Trump’s tax plan. “I’d have my researchers and my speechwriters send me information, and then I’d say, ‘Really? He really said that?’ And they’d send me all the background and the video clip… So here it goes.”

June 21, 2016
Republican U.S. presidential candidate Trump addresses the media regarding donations to veterans foundations at Trump Tower in Manhattan

The Buck Never Stops At Donald Trump: He Takes No Responsibility For His Actions

When reporters asked Donald Trump months after his veterans fundraiser where the money went — including whether Donald had, indeed, donated $1 million — he told them he didn’t have to account for the funds.

June 16, 2016
U.S. Republican presidential candidate Donald Trump speaks during a campaign rally at the Century Center in South Bend, Indiana, U.S., May 2, 2016. REUTERS/Kamil KrzaczynskiU.S. Republican presidential candidate Donald Trump speaks during a campaign rally at the Century Center in South Bend, Indiana, U.S., May 2, 2016. REUTERS/Kamil Krzaczynski

Dear IRS: Orangutan Hairs Are Legit!

“Dear Commissioner — As you know, our client is dying to share his tax returns with American voters before the upcoming presidential election. However, he has prudently chosen to wait until your agency has completed its unfair audit of his Form 1040 filings…”

May 17, 2016
Donald Trump points to a supporter as he leaves a campaign event in an airplane hanger in Rome. REUTERS/Carlo Allegri

What Doesn’t Donald Trump Want You To Know About His Wealth?

This is what Donald Trump’s refusal to release his tax returns says about America. We are a nation that can’t think straight about wealth and class. And Trump knows better than to puncture our delusions.

May 14, 2016
An anti-Trump mask and sign sit outside Republican National Committee headquarters in Washington, May 12, 2016. REUTERS/Jim Bourg

Trump Taps Climate Change Skeptic As Energy Adviser, Pushes Back On Taxes

Trump is building out his policy proposals as he pivots from campaigning for his party’s nomination to the general election, including tapping experts in various fields. Among those he has asked for help is U.S. Republican Representative Kevin Cramer of North Dakota, one of the country’s most ardent oil and gas drilling advocates and climate change skeptics.

May 13, 2016
Republican U.S. presidential candidate Donald Trump speaks during a campaign rally in Lynden, Washington, U.S., May 7, 2016. REUTERS/Jim Urquhart

Trump’s Debt ‘Idea’ Would Depress The Global Economy

If his Muslim ban and a Mexican wall didn’t turn away Republicans still planning on voting for Donald Trump, maybe his ideas about the national debt will. The racist billionaire said recently that he would try to game the international economy — much like he did with creditors for his bankrupt casino projects — by paying less on U.S. treasury bonds than what bondholders are owed, a move that would surely destabilize the global economy.

May 9, 2016
Republican U.S. presidential candidate Donald Trump speaks during a campaign rally in Lynden, Washington, U.S., May 7, 2016. REUTERS/Jim Urquhart

Trump Says He’s Open To Raising Taxes On The Wealthy

Pressed on the contradiction between his latest comments on taxes and the September tax plan, Trump said he viewed his original proposal as “a concept” and that he expected it would be changed following negotiations with Congress. “By the time it gets negotiated, it’s going to be a different plan,” Trump told ABC.

May 8, 2016
Jane Sanders CNN

Tax Transparency: Jane Sanders Goes Back On Disclosure Promise

The returns will be released, Jane suggested, when Hillary Clinton provides transcript of her lucrative speeches to Wall Street firms. Clinton should absolutely release the transcripts and she should have done so long ago, but the issues are not even close to parallel.

April 27, 2016

Tax Transparency: Jane Sanders Claims Returns Released In ‘Every Election’

Sanders had made available only his and wife Jane’s 2014 Form 1040, a summary lacking crucial details about their sources of income, deductions, and tax strategy.

April 13, 2016
U.S. Senator Elizabeth Warren speaks with a fellow guest as they arrive for U.S. President Barack Obama to sign the Every Student Succeeds Act into law in the Eisenhower Executive Office Building at the White House in Washington, December 10, 2015. REUTERS/Jonathan Ernst

Elizabeth Warren Takes On Tax Preparation Industry With New Legislation To Make Filing Easier

The bill would direct the IRS to create a free tax preparation and filing service.

April 13, 2016
Democratic U.S. presidential candidate Bernie Sanders holds a town hall event at the Navajo Nation casino in Flagstaff

Tax Transparency: Sanders Again Promises Full Disclosure

It is also puzzling that the media generally and the top newspaper editorial pages in particular remain so tolerant of stonewalling on taxes by all the candidates. That wasn’t their attitude toward disclosure four years ago, when Mitt Romney tried that strategy.

April 11, 2016
Screen Shot 2016-03-02 at 12.04.10 PM

Does Your Teen Need to File a Tax Return?

“My daughter is 16 and has her first paying job. Does she need to file a separate tax return?”

March 2, 2016

Gail MarksJarvis: It’s Tax Time — Here Are Some Notable Credits And Deductions

After a few congressional tweaks, it’s worth it to explore the credits and deductions you could be missing.

March 2, 2016