Not content with the elements of freak-show conservatism in his acceptance speech or the flattening effect of Dubya’s giveaways to the rich in recent years, Dubya is now threatening an official flat tax (not unlike the one imposed by fiat on Iraq last November.) As even Phil Gramm attested eight years ago, “It’s not fair to say that people who work with their head or with their hands ought to pay taxes, but people who earn their living with their capital ought not to.”
Tag: Phil Gramm
Buh-bye…
and good riddance. There are other virtues in this world besides longevity, and these three spent most if not all their careers fighting them. At least in this corner, they will not be missed.
Lobbyists Strike Back.
The “feeding frenzy is over,” according to Phil Gramm, and corporate lobbyists are breathing a sigh of relief. The impetus stalls for post-Enron corporate reform in Congress.