President Obama's proposed $320 billion over-ten-years tax increase is the subject of my column this week:
Some day, when historians look back on the Obama administration, the Saturday night tax-grab will loom right up there with Benghazi, the broken ObamaCare web site, and the je suis Charlie no-show as one of this presidency's lowest moments.
Low, but telling, because it shows how this administration approaches tax policy not from the point of view of raising the revenues necessary to run the government, and not from the view of creating the maximum incentives for growth and innovation, but rather as a kind of zero-sum, redistributionist means of political warfare. It is tax policy as power and punishment, tax policy as vengeance.
Please check the column out at the New York Sun (here), Reason (here), and Newsmax (here).