Friday, January 01, 2016

The Ultimate Special Interest

"For the ultra-wealthy, 'our tax code is like a leaky barrel,' said J. Todd Metcalf, the Democrats' chief tax counsel on the Senate Finance Committee. 'Unless you plug every hole or get a new barrel, it's going to leak out.'"

Noam Scheiber and Patricia Cohen in The New York Times discuss the "income defense industry."

And Paul Krugman adds that "those empowered by money-driven politics include a disproportionate number of spoiled egomaniacs."

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