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Cynicism and Dishonesty in the Current Tax Proposals

Cynicism and Dishonesty in the Current Tax Proposals
Sen. Bernie Sanders (L) (I-Vt.) walks with Senate Majority Leader Chuck Schumer (D-N.Y.) on Aug. 11, 2021, after meeting on a $3.5 trillion budget that was rammed through by Senate Democrats in Washington on Aug. 9. Win McNamee/Getty Images
Mark Hendrickson
Mark Hendrickson
contributor
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Commentary
I’ve written for years about Washington’s bipartisan fiscal policy—chronic overspending and a consequent inability to balance the federal budget. Neither party knows how to balance the budget. Today, Democrats are in the spotlight, because they’re the ones proposing new taxes in a totally partisan (that is, with zero Republican support) fashion.
Mark Hendrickson
Mark Hendrickson
contributor
Mark Hendrickson is an economist who retired from the faculty of Grove City College in Pennsylvania, where he remains fellow for economic and social policy at the Institute for Faith and Freedom. He is the author of several books on topics as varied as American economic history, anonymous characters in the Bible, the wealth inequality issue, and climate change, among others.
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