July 7, 2010
Two articles on today's Washington Post are worth checking out.
Ruth Marcus discusses the difficulties with Rich Trumka's "Soak the Rich" approach to the nation's fiscal problems. Trumka is correct to suggest higher taxes on the rich, and Marcus is right that it won't be enough. Neither points out that with all the loopholes and tax shelters in the tax code, rich people can hire accountants to help them avoid paying their fair share, so arguments about the appropriate tax rate are misleading.
And Michael Gerson has a column about two men with the same name and wildly different life experiences.
