Displaying 1 - 10 of 69 Forum Posts1 2 3 4 5 Next
  • May 14, 2019 11:48 AM
    Last: 1mo

    The Democratic Presidential primary field for the 2020 election is the largest in modern political history and it's not even fully set. When all is said and done, there will be a minimum of 23 major candidates vying for the opportunity to represent the Democratic Party in the national election against incumbent Donald Trump. Some of them have an inherent advantage due to their history and experience while others hope to use their youthfulness and experience outside of the beltway to their advantage. One thing is for certain though - no Democrat will be able to complain they don't have enough options to choose from this election cycle.

    After the election of Donald Trump, the conventional wisdom that experience trumps (no pun intended) all else is thrown out the window. That is good news for the less experienced candidates, but I'd also take that with a grain of salt considering that Donald Trump was a household name long before the 2016 election.

    With that in mind, I think it'd be fun to predict which candidates will make it deep into the primary and which ones won't. Due to the sheer number of candidates, I'm just going to put down the 5 candidates (in no particular order) that I think will make it the furthest in the primary.

    1) Joe Biden
    2) Bernie Sanders
    3) Kamala Harris
    4) Cory Booker
    5) Elizabeth Warren

    As you can see, I am someone who tends to think that 2016 was an anomaly and that Democrats will select a well known (and tested) politician over taking a risk with a largely unknown and untested candidate. I may well be proven wrong (I sure was in 2016), so take my predictions with a grain of salt!

  • Dec 23, 2018 02:56 PM
    Last: 5mo
    It was certainly easier to file my taxes this year since the standard deduction made it so I didn't have to worry about itemizing everything. However, it didn't seem to make much of a difference at all in the end. Wound up paying roughly the same as previous years when all was said and done.
  • Dec 26, 2018 06:54 PM
    Last: 7mo

    Medicare for all is certainly a possibility, but the devil is in the details.

    The current tax rate for Medicare is 1.45% for an individual and 1.45% for an employer, or 2.9% total (and for private contractors). If we were to move to a single-payer system that provides all the services that Medicare does then that percent would need to be drastically increased.

    I'm strongly in favor of single-payer healthcare, but I also believe that advocates of it are woefully underestimating the cost of providing quality care for 330 million people. Medicare already consumes 15% of the Federal budget and it only provides coverage for Americans 65 and older. If we were to enact a program for the entire population then we better be prepared to pay drastically more in taxes in order to get it.

    Now, that tax increase will correlate nicely with no longer having to pay monthly premiums for your employer based insurance, but not everyone is going to come out ahead in this scenario. Wealthy individuals with top of the line health insurance will certainly fight tooth and nail to keep things just the way they are. As will "low information voters" who think they have great health coverage right now, but would actually benefit from a single-payer system.

    It would be a monumental task to pass a well functioning single-payer bill into law and it won't be happening anytime soon considering the current makeup of Congress and the Presidency. However, it is an interesting thought experiment to explore the pro's and con's of instituting Medicare for all.

  • Jan 07, 2019 04:19 PM
    Last: 7mo

    Three weeks is an eternity in shutdown days. While it is certainly a possibility that millions of Americans SNAP assistance could freeze up overnight on Feb. 1, I have a hard time believing that it will become a reality.

    My guess is that President Trump is going to declare a national emergency and attempt to build his big, beautiful wall without Congressional approval. Republicans will capitulate because then they will be able to get themselves out of the jam they've found themselves in and reopen the government while still saving face about Trump's long promised wall. House Democrats will immediately file a lawsuit against the Administration in a "friendly" district court (both sides do it all the time) and will likely be able to get a Federal Judge to freeze any wall construction pending litigation. The litigation could drag on for months or years until the Supreme Court issues a final ruling or until one side blinks.

    In the meantime, the government will reopen, we will move on to the next manufactured crises, and the fight over the border wall will fade into the background for awhile.

    I should stress that this is simply my guess as to what will happen in the coming days. Anything can happen and nothing surprises me anymore, but I think this is the most likely scenario.

  • Nov 07, 2018 12:27 PM
    Last: 8mo

    The next two years will certainly be interesting. I can't imagine much of anything other than the bare minimum getting done legislatively, but the Democrats newfound power in the House will enable them to conduct the oversight of the Trump Administration that the Republican majorities didn't necessarily do.

    I'm no prophet, but I wouldn't be surprised in the least if Democrats uncover some pretty damning things on Trump. How Senate Republicans respond to whatever their compatriots in the House find will determine Trump's fate more than anything else.

  • Nov 05, 2018 01:41 PM
    Last: 9mo
    I tend to be someone who enjoys more balanced, less sensational coverage and enjoy watching PBS or one of the "big three." Online, I tend to gravitate towards FiveThirtyEight because it's just the numbers.
  • Nov 06, 2018 02:29 PM
    Last: 10mo

    If there's one thing nearly everyone can agree on this midterm election, it's that this election is a referendum on Donald Trump. He may not be on the ballot, but it's a certainty that he's on the minds of everybody who casts a ballot in this election.

    In normal times, Donald Trump and the Republicans would be riding the booming economy across the finish line to victory, but these are not normal times and Donald Trump is not a normal President. Because of that, this election is in uncharted territory.

    Trump and the Republicans have chosen to make this election a "get out the base" effort instead of one where they try to attract swing voters. They appeared to have made the (most likely correct) calculation that the number of swing voters in these fractured times is minimal at best and the best strategy is to appeal to the base and hammer on red meat topics like immigration and crime.

    Democrats, remarkably, have run a uncharacteristically on-message campaign that focused on local and state specific issues, along with promising to be a check on the Trump Administration.

    Which strategy prevails is up to the voters, but one thing is for sure - Donald Trump looms large over this election.

  • Mar 07, 2017 01:57 PM
    Last: 2yr
    Senate Leader Mitch McConnell pulled the Senates healthcare bill repealing and replacing Obamacare from the floor after realizing that he didn't have enough votes to pass it. He vowed to make some changes to the bill during the July 4 recess and bring it back up for a vote later this month, but that may prove to be much easier said than done.
  • Apr 17, 2017 04:03 PM
    Last: 2yr
    bryce28 Wrote:

    You should definitely contribute, if you can. Also, if you make below certain amounts annually, you can also deduct the 401k contributions from your taxes using what's called the Savers Credit.

    You can get anywhere from $200-$1000 credit toward your tax bill if you end up owing. But not money back. It just reduces your bill. Still, extra incentive for using a 401k.

    Here's more info on if you qualify and how much you can get off your taxes:

    What Is The Savers Credit?

    Thanks for sharing this! I wish I knew about that before I filed my taxes this year. I'll definitely take advantage of this next year if I wind up owing money.
  • May 15, 2017 02:24 PM
    Last: 2yr

    I have to agree. It's easy to promise something on the campaign trail, but it's a lot more difficult to rewrite something as complex as our tax code. I give Trump an "A" for effort, but I don't see many scenarios that lead us to a dramatic overhaul of the way we do taxes.

    Maybe we will at some point, but I think we're still a long way off.