Originally appeared in the New York Times. Medicare for All. The Green New Deal. Free college tuition. With each new entrant into the Democratic presidential sweepstakes comes a fresh cascade of ambitious social programs to entice and excite would-be supporters. The list of “payfors,” to use a bit of Washington jargon, grows more slowly. They’ll […]
Originally appeared in the New York Times. Steven Rattner responds to readers who have doubts about his plan to raise revenue from the uber wealthy. Representative Alexandria Ocasio-Cortez is calling for a steep increase in the tax rate of America’s top earners to help level income inequality and raise revenue for the deficit. But in […]
Originally appeared in the New York Times. Kudos to our latest political supernova, Alexandria Ocasio-Cortez, for helpfully bringing taxes back into focus, with her call for a new top tax rate of 70 percent on incomes above $10 million a year. That seemingly simple concept makes for a great headline, but it’s not great tax policy. […]
“[a] surprisingly modest account…Rattner has a journalistic talent for the telling detail, resulting in a memorable tale of life in the middle of the economic meltdown...Rattner deftly draws portraits of the inhabitants of "the Oval" and the West Wing...Rattner has proved himself a gifted chronicler.”
-Time Magazine
