Short shrift in a long campaign
The presidential campaign has been an exhausting marathon. Yet it's hardly touched on some major issues facing the nation.
The presidential campaign has been an exhausting marathon. Yet it's hardly touched on some major issues facing the nation.
Kudos to Mitt Romney for suggesting a concrete and sensible income-tax reform: capping deductions at $17,000.
Now, it's not clear whether he means tax liability or taxable income. As Dylan Matthews explains, that's the difference between a highly progressive (in the technical sense, not the euphemism-for-liberal sense) proposal and one that would affect a lot of middle-class households.