Why Democrats’ tax plans are such a mess
It is not just a fragile majority. It is also a lack of vision and leadership
J0E BIDEN promised to pay for his big social-spending proposals by raising taxes on the rich and nobody else. Now Democrats are rushing to find a big pot of money without raising headline rates of tax at all. They are making a mess of it.
This article appeared in the Leaders section of the print edition under the headline “Capital pains”
From the October 30th 2021 edition
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