Taxation Trash from the NYT

Discussion in 'Economy' started by Adam's Apple, Oct 16, 2005.

  1. Adam's Apple

    Adam's Apple Senior Member

    Apr 25, 2004
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    Geez, shouldn't we expect better from "our most prestigious" newspaper?

    Taxation Trash from the Times
    By Bruce Bartlett, National Review
    October 13, 2005

    In its corporate wisdom, the New York Times recently decided to hide its most influential columnists behind a subscription wall. So those who have been accustomed to reading the likes of Paul Krugman and Maureen Dowd for free on the Internet will have to pay $50 per year for the privilege. But to make this proposition more attractive, the Times promised that it would provide a little something extra for subscribers. Apparently, this involves publishing articles by its editorial writers that are not good enough to appear in the print edition of the paper.

    The first of these articles appeared on October 4 and dealt with taxation. It was written by Times editorial board member Teresa Tritch, who writes most of the paper’s economic editorials. Tritch lists her qualifications as having degrees in German and journalism, as well as years of writing about personal finance for Money magazine where she explained why people should shop around for the lowest price before buying soap and things of that sort.

    What really qualifies Tritch to lecture the rest of us about tax policy is her absolute conviction that our tax system is tilted too much in favor of the rich. To read her diatribe, one would think that the wealthy pay no taxes at all and that the tax burden falls almost entirely on the poor and middle class. One would also come away thinking that taxes do not affect economic growth in any way.

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