Thursday, October 28, 2004

Hyman Coughs Up a Hairball




In the latest "Point," Mark Hyman regurgitates a recent rant on Theresa Heinz Kerry’s taxes without adding anything new. For the Counterpoint response to this (as well as a link to Hyman’s original commentary that’s nearly indistinguishable from his latest offering), go here.

We’ll just add a brief comment:

If Mark is for making it impossible for wealthy individuals to shelter their money, we’ll gladly work with him to lobby Congress to pass such tax reform. While we’re at it, let’s roll back the Bush tax cuts that slashed the tax rate on dividend income and tax capital and labor at the same rates (the only fair way to run a capitalist economy). And let’s reinstitute a truly progressive tax system in which those who have gained the most from living in a free and open society contribute a higher percentage of their earnings to that society’s upkeep than those less well off. This is an idea literally as old as democracy itself, and has been the hallmark of healthy democracies throughout history.

So, Mark: have we finally found something to agree on? Are your ready to fight for a truly fair tax system?

Nope, we didn’t think so.

And that’s The Counterpoint.

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