At this stage in Obama's presidency, ambitious tax proposals to soak the rich are the political equivalent of desert rain dances—sometimes impressive, often well-meaning, always doomed, and essentially ceremonial. The administration's latest tax-modification ritual would raise taxes on wealthy estates and large banks to pay for larger tax breaks for middle-class households, particularly those with two working parents and kids. The plan is Piketty-lite, skimming the wealth of the 1 percent to...
Read more: http://ift.tt/1AGI2Sg
No comments:
Post a Comment