Jeremiah’s Vanishing New York
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If high-revenue “business house owners” manage to make use of aggressive tax planning that ensures they will pay lower tax charges than a lot of their own workers under the tax bill, is that a characteristic or a bug? The extra intently you have a look at the Republican tax bill, the more it looks like the former – i.e., as something that is consciously meant (albeit hidden, to a level, from clear public view). This can be a actual tell (as they say in poker). It means that the invoice’s proponents are comfortable, and perhaps even affirmatively joyful, with an upside-down rate structure under which business house owners will ceaselessly pay lower tax charges than the people who find themselves working for them. I suppose one might name this “Kansas justice,” in honor of Sam Brownback.
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