A Tax Battle Brewing?

Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.

Paul Krugman has it right: Now that the Social Security privatization debate has all but died down—though admittedly a few dead-enders are still fighting—the Bush administration will likely focus on tax reform when Congress powers back up this fall. Expect similar tactics: lies, fudged numbers, and more scare stories about how the rich aren’t working hard enough because they have too little money, and the poor aren’t working hard enough because they have too much.

One possible talking point to watch out for: Bush will probably talk about how a “flat tax” will make the tax code simpler and more efficient. Michael Kinsley had a grand little column a few weeks ago on how the “flat tax” doesn’t, by itself, make the tax code any simpler. The tax code isn’t complex because some people have to multiply their income by 35 percent and others by 28 percent. It’s complex because calculating income is complex, and calculating deductions are complex, and corporate loopholes are complex, and a flat tax rate won’t solve any of that; all it offers is a tax cut for the top brackets and a tax hike for the bottom—which, granted, solves the “problem” mentioned above.


Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

payment methods

We Recommend