Why Democrats Like Taxes Again
The new conversation about changing the tax code focuses instead on the way taxes can shape the bedrock of who has influence in our economy and society and how it is wielded. Because taxes are not just about raising revenue. Taxes are about power.
April 15, 2019
A Pig in a Poke
One of the oldest bits of practical advice in the English language advises people not “to buy a pig in a poke.” It dates from days when there were shortages of meat, and con men sold what purported to be succulent ham or bacon in the form of a piglet wriggling in a poke, or burlap bag. A bargain price was offered on the condition that the poke not be opened. When it was opened, too late for the payment to be called back, the sucker found he had bought a stray dog or large cat, not a pig. Mitt Romney tells us he has a pig—a reasonable account of his taxes—in his pouch, but he won’t show it to us. Imagine our surprise if, after his election, we get to peek inside the pouch.
August 22, 2012
The Greek Mess
Following the election of a pro-bailout party in Greece on June 17, the new Greek government being formed this week will try once more to negotiate a solution to its intractable debt crisis that will keep it in the eurozone. But how did Greece get into this situation in the first place? Are other countries at risk of falling into the same predicament?
June 20, 2012
Israel's Knesset vs. Democracy
This should be a year in which Israeli democracy is much on display. Prime Minister Benjamin Netanyahu, who has been reconfirmed as head of the right-leaning Likud Party, seems to be pushing for early national elections; while candidates to lead the centrist Kadima Party, the main opposition party, are now campaigning for their March 27 primary. But even as the country prepares for its most important democratic exercise, a far-reaching series of laws now pending or already passed by the Knesset suggests Israel is moving in an alarmingly anti-democratic direction.
March 15, 2012
Edmund Burke Against Grover Norquist
Grover Norquist is the powerful president of Americans for Tax Reform (where reform means elimination). He issues to all Republican candidates and office holders Taxpayer Protection Pledges—a promise never, under any conditions, to support the raising of a tax—and then he monitors and reports the performance of those who have taken the pledge, as almost all Republicans in Congress have. That, in effect, puts a ban on congressional discussion of tax income, since the Republican bloc has pledged not even to consider it. The idea of committing candidates to a rigid position as a condition of their being elected seems to be catching on.
July 14, 2011
Among the economic fallacies embraced in Congressman Paul Ryan’s budget proposal, two are particularly egregious: that getting rid of Medicare will reduce health care costs and that enacting yet further tax cuts for the rich will spur growth and investment.
April 19, 2011