Monday, September 21. 2009
Matthew Yglesias: Fiscal Responsibility: This post bummed me out as much as anything I've seen in recent weeks. Even Yglesias, framing estate tax breaks as a fiscal responsibility issue, misses the point. If people recognized the most basic point I learned as a young child -- that America is a land where each person can achieve according to their own efforts -- the necessity of high estate taxes would be common sense. America was founded in revolt against aristocracy, yet 233 years later politicians trip over each other trying to feather the nests of the born-rich. After eight years of a disastrous Republican president elected largely on his inherited name you'd think that Democrats (if that's what you call Lincoln and Bayh) would be especially alert to this. Of course, Bayh is a second generation senator, a Democrat only because he was born one, like he was born rich, dumb, and entitled. Yglesias gives us Paris Hilton as his illustration of the born-rich, but that's too kind. She at least has a sense of humor about her upbringing.
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