Opens in a new tab

Taxes and Election ’08

February 26, 2008

For those of you lucky enough to have already cast your primary ballots, please excuse me while I take another brief foray into politics and taxes.

Campaign_button_2
The issue is on my mind of late, since here in Texas our primary is just a week away. And even if I tried to forget, I couldn’t. For the last few days every phone call has been someone wanting our votes.

So until the day after the polls close, all our calls are going straight to voice mail. I’m sure many fellow Texans (and Ohioans) can sympathize.

Such politicking is bad enough under normal election circumstances, but the hubby and I are getting double-teamed.

We’re registered Democrats, so Hillary and Barack, or their recorded voices (or Bill’s recorded voice) or Texas campaign staffers, have been pestering us based on that information. But we live in neighborhood that votes predominantly Republican — yeah, every election the volunteer poll workers snicker when they see that "DEM" stamped on our voter cards — so based on Zip Code data we’re getting it from the GOP, too.

Plus, the candidates for local offices also are getting into the act. So we’re fielding calls from county tax assessor hopefuls and the like.

It’s annoying, but it’s politics today. I just have to keep reminding myself that it really is a small and short-term price to pay to be able to vote.

Looking for more: I just wish all the candidates for all the offices would take the opportunity, both via phone or media outlets, to provide more than the usual political platitudes.

OK. Quit laughing. I just had an idealistic moment. I’m back.

And I’m back with some new information on the White House wannabes and their tax policies courtesy of TaxVox, the blog from the folks at the Tax Policy Center.

In On Taxes, McCain Calls Bush and Raises, Big Time, Len Burman runs the numbers on GOP front runner John McCain’s tax cuts.

Burman’s TaxVox colleague Howard Gleckman also has been asking seven fiscal questions of the three leading presidential candidates:

Although none of the candidates has answered TaxVox directly, Gleckman has ferreted out their possible answers to the questions by citing previous statements and news reports.

Maybe later this year when it’s down to just two going head to head, we can get some real answers before we cast our final 2008 votes.

Again, stop with the laughing! A gal can hope, can’t she?!?

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
Reconstructing disaster damaged tax (and other) documents

October 20, 2026

Tax and financial documents are needed to file claims after major disasters. If they are…

Read More
TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • I heard that Obama is totally for gun control. He has a strong record of voting for gun control. I’m looking for a site to confirm this? Does anyone know where I can find this information

Leave your comment