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    Friday, September 16, 2016

    Clinton Tax Plan Adds Up But NYT Complains It's "Complex"

    Maybe my reading of the NY Times these days is becoming so jaded that I'm overreacting. But it seems to me that his article on Hillary Clinton's detailed tax plans spends an inordinate amount of time focusing on the fact that it is complicated and it treats that as a de-facto negative. The other big complaint is that it's not a total overhaul of the tax code. The fact that the numbers seem to add up and it is quite clear in its intent to raise taxes on the wealthy in order to help middle class Americans don't seem to engender any credit from the article at all. Yes, tax simplification might be nice but it is never going to happen in the current political environment. And the article talks about centrist Democrats still wishing for a "Grand Bargain". Sadly, for the Times, I think that day has passed and those "centrist" Democrats no longer exist. The Democratic party platform now calls for increasing Social Security and vows to fight any attempt to reduce it. But the saddest part of all in this article is the constant harping on complexity - complexity may make things hard but that doesn't make it wrong. Read the article for yourself and tell me if I'm incorrect.

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