BY FROMA HARROP During the presidential campaign, Barack Obama portrayed his tax plan as a way to help “spread the wealth around.” That was an unfortunate choice of words, though not as silly as the “conservative” formulation that raising taxes “punishes success.” The object of taxation is not to spread the wealth and certainly not to penalize people who make a pile. Stripped of melodrama and self-pity, the goal of tax collection is boring: to […]
When, Not If, Taxes Will Be Raised
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