Recently in Taxes Category
A post appeared today on the pro-tax Liberal Values that's pretty incredible when you get to the comments section, about Hillary Clinton's reluctance to release her tax returns:
After reading this, it looks like there might be a lot of interesting things in those Clinton tax returns. Bill has sure made a lot of money while keeping the details secret.
Since leaving office in 2001, Clinton has wiped out millions of dollars in legal bills and become a multimillionaire through a brisk schedule of speechmaking and book-writing, as well as a pair of consulting and investing agreements that have yielded as-yet-undisclosed sums.
Someone pointed out in a comment that in terms of this being an issue, the emperor may have no clothes:
Personally, I have never understood the whole issue of candidates needing to release tax returns. I am sure the IRS looks very closely at the returns of anyone even semi-famous . . .
At this point, the pro-tax Liberal Values takes an almost statist position:
Pro-tax Liberal Values, for reasons that aren't at all clear to me, has gone on a small jihad against Supply-Side Economics (what he's calling Voodoo Economics).
It's a rather astonishing and embarrassing mix of sweeping generalizations and red herrings substituting for real analyses from a guy obviously smart and bright enough to know better.
The attack begins with a clear-as-mud critisism of the "Laffer Curve:"
A conservative publication, which I will not name, just spiked a book review because I said that the Laffer Curve didn’t apply at American levels of taxation, even while otherwise expressing my vast displeasure with the (liberal) economic notions of the book I was reviewing. This isn’t me looking for an alternative explanation for the spiking of a bad review: the literary editor accepted it, edited it, and then three hours later told me it couldn’t be published because it violated their editorial line on taxation.
I suppose I ought to have known, but I didn’t. Go ahead liberals, pile on: you told me so.
(Megan McArdle, The Atlantic.com, 10 . 16 . 2007)
Pro-tax Liberal Values frames this quote with this out-of-the-blue and way-the-hell over-generalization:
I’ve often noted that a major problem with the modern conservative movement and the Republican Party is that they put ideology before reality.
. . . ?! . . .
