In this election year, control of entitlements and far-reaching reform of the tax system are not even being discussed. Before too long, both will be unavoidable fiscal necessities. Cancelling Mr Bush is not enough.McCain is the only candidate that even begins to talk about spending control, and all three candidates' proposals for tax reform are fairly small potatoes. Real tax reform could include getting rid of most or all of the income tax, and replacing it with something like a VAT or X Tax.
Monday, April 14, 2008
Not even being discussed
Clive Crook is right about George W. Bush's horrendous fiscal record, and about this: