Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Thursday, January 29, 2015

Eminently Sensible, Completely Impossible

Check out the chart on Obama's Tax Reform proposal.  It's pretty damned mild, compared to what we really need to do.  We should tax all capital gains over $200,000 a year as income, not capital gains, for instance.

But it's a start, a marker, I guess.

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