Re: Obama Takes Aim

The released Obama budget contains many new taxes, including the proposed hike in 2011 of individual tax rates as the Bush tax cuts expire. Just last week at the State of the Union, Obama was bragging that he hadn’t raised taxes on anyone. Well, that’s changing fast. There is the $122 billion in higher taxes from “international tax enforcement and reform.” And the president is proposing to repeal several tax preferences for fossil fuels, raising taxes by $39 billion over 10 years. He also proposes to reinstate Superfund taxes ($20 billion), tax carried interest as ordinary income ($24 billion), modify the cellulosic biofuel producer credit ($24 billion), and repeal last-in-first-out accounting ($59 billion).

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Re: Obama Takes Aim

Must-Reads from Magazine

The Conservative Crack-Up, 2017 Edition

Podcast: Conservatism in shackles while O.J. goes free?

On the second of this week’s podcasts, I ask Abe Greenwald and Noah Rothman whether the health-care debacle this week is simply a reflection of the same pressures on the conservative coalition Donald Trump saw and conquered by running for president last year—and what it will mean for him and them that he has provided no rallying point for Republican politicians. And then we discuss OJ Simpson. Give a listen.

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Macron’s Terrorism Idiocy

Hyperbole yields cynicism, not the other way around.

Newly-elected French President Emmanuel Macron surprised almost everyone when he invited President Donald Trump to celebrate Bastille Day with him in Paris, especially after the two leaders’ awkward first meeting in Brussels in May. After all, between now and then, Trump withdrew the United States from the Paris Climate Change Agreement, and Macron has become perhaps the most vocal critic of Trump among European leaders.

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Trump Quietly Gives Putin What He Wants

Quid pro quo?

Until now, the notion that Donald Trump was providing Russia and Vladimir Putin with concessions at the expense of U.S. interests was poorly supported. That all changed on Wednesday afternoon when the Washington Post revealed that Donald Trump ordered his national security advisor and CIA director to scrap a program that provided covert aid to anti-Assad rebels in Syria.

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Voters in the Age of Affect

Is it Trump's posture, or is it simpler than that?

Though it enjoys a level of political dominance unseen since the 1920s, the Republican Party’s agenda is stalled. Yet, despite their failure to repeal and replace ObamaCare, Republicans are damned like Sisyphus to keep trying. Republican office holders must now administer health care’s taxes and subsidies, and the rest of the GOP agenda cannot advance without freeing up the revenue dedicated to the administration of ObamaCare. A dysfunctional, one-party Congress led by an unpopular neophyte in the Oval Office should precipitate a backlash among voters. But that outcome is far from certain. Ubiquitous surveys and studies dedicated to uncovering the mystery that is the curious and contradictory Trump voter suggests that this may indeed be a new political epoch.

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Iran’s Newest Hostage is Different

An escalation.

On July 16, 2017, Iranian Judiciary spokesman Gholamhosein Mohseni Ejehi announced that Iran had sentenced an American to ten years in prison for alleged espionage. An Iranian judiciary website subsequently identified the American as 37-year-old, China-born Xiyue Wang, a Princeton University Ph.D. student in history.

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