The money quote from today’s ruling in Florida v HHS: It is difficult to imagine that a nation which began, at least in part, as the result of opposition to a British mandate giving the East India Company a monopoly and imposing a nominal tax on all tea sold in America would have set out [...]
Today’s NY Times editorial: Too many newly elected governors have vowed not to raise taxes — including, unfortunately, Andrew Cuomo of New York — fearing giving bad news to voters who have not yet been told how dire things really are.
Today, they write in an editorial entitled “Voting for an Odious Tax Deal”: Liberal Democrats are in revolt at the tax deal that President Obama struck with Republicans on Monday, and it is not hard to understand why. By temporarily extending income tax breaks for the richest Americans, and cutting estate taxes for the ultrawealthy, [...]