tax increases

The most maddening thing about politics today is how often rational analysis gets pushed aside by ideology. Exhibit A right now is the economy. Logic and history dictates that only government has the capacity to offset big shortfalls in demand during deep economic slumps, and any number of leading...
The US Chamber of Commerce has been one of the most influential lobbying groups in our political system, in part due to the sheer volume of its spending. In the last year alone, the Chamber spent over $95 million lobbying and over $36 million on the last election cycle. By and large, the Chamber's...
The opening sentence of "Reducing the Deficit by Increasing Individual Income Tax Rates", a paper [pdf] jointly authored by the Pew Charitable Trust and Tax Policy Center, is worth noting: "Current federal budget policies are unsustainable." (A month before publication, the US debt-to-GDP ratio...
President Barack Obama has backed into a salutary politics of class. I keep thinking of Winston Churchill’s line: You can always count on Americans to do the right thing — after they’ve tried everything else.  How he got there was infuriating. All it took was the liberal...
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