Rand Paul’s flat tax, a “new idea” from 1983, would worsen inequality, raising the burden on the poor and middle class while benefiting the very rich.
David Lauter, Tribune Washington Bureau WASHINGTON — For the first time since President Obama took office, reducing the federal deficit has slipped as a priority for most Americans, particularly his fellow Democrats, according to a new in-depth study of public attitudes. That shift corresponds with the president’s view. In his State of the Union speech […]
Jared Bernstein–formerly a top economic advisor to Vice President Joe Biden, and a key figure in the Obama Administration’s attempt to get the economy back on track–has published a fascinating response to Ezra Klein’s analysis of the administration’s response to the Great Recession. Bernstein closes with a poignant critique of official Washington’s irrational, and destructive, […]