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L&O D.A.’s tax stance worries some conservatives

August 23, 2007

A couple of days ago, I mentioned the Citizens for Tax Justice analysis of the tax positions of the various candidates for president. The tax thoughts of Fred Dalton Thompson, known by a large segment of the country as fictional New York District Attorney Arthur Branch on the original Law & Order program, were not among them.

The reason: Thompson is not yet an official candidate. But he will be. Count on it.

Fredthompson_2
In the meantime, folks are trying to get a sense of where he stands on the issues, including taxes. Some folks, aka conservatives who thought they could count on Fred to toe the tax-cut line, are getting a bit anxious.

In fact, says James Pethokoukis, who writes the Capital Commerce blog for U.S. News, Thompson’s tax views are downright alarming to some on the right side of the political aisle.

Apparently, in recent interviews, Thompson appeared to equate tax cuts with entitlements as problems that need to be dealt with. "In fact," writes Pethokoukis, "Thompson seemed to be advocating the sort of ‘root canal’ economics that budget hawks like the Concord Coalition are always proposing: higher taxes and lower spending."

Of course, the former U.S. Senator also has in the past praised the beneficence of tax cuts. And he and his spinmeisters will no doubt refine his tax stance before Thompson becomes the 147,873rd GOP presidential candidate.

Oh, the field isn’t that large … yet? It just seems like it!

Anyway, keep watching. It’s still a year away from the election and it’s only going to get more interesting … we hope!

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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. 

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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.)

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