Tuesday, March 24, 2009

sometimes it's okay to praise republicans

Republicans in the Senate are not keen to move the "Tax the Bonus" bill the House passed last week.

Their motives may be questionable. But delay is the best thing for that turkey of a bill. Delay, followed by its quiet death.

I take a back seat to nobody in decrying the increasing disparity between executive pay and what the rest of us get, about the widening gulf between the haves and the have-nots in America. But as I said before, such a bill endangers the trillion-dollar efforts the Federal government is undertaking to revive the financial sector.

And it's a bit crass to focus such a tax on such a narrow class of earners. Not a great precedent. Don't give the GOP any ideas. Maybe they would like to propose a 90% tax on income above $50,000 for any doctor that performs abortions...



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