The Corner

Re: Tax Cuts

Actually, if Democrats offered a pro-growth JFK-type tax reform plan, then I’d be for it. However, if the Dems raise the top rates for capgains and dividends and income, all of which would penalize investment and drive capital offshore (to China, India, Eastern Europe), then it would damage our economy across-the-board. Using $150K as a threshold means a school teacher and a cop. Not exactly rich people. Then again, if the Dems raise tax-rates on people earning $500 million, especially if specifically earmarked for Oprah, Barbara Streisand and Ben Affleck and other Malibu/Hollywood types, I might have to support it.

Larry Kudlow is the author of JFK and the Reagan Revolution: A Secret History of American Prosperity, written with Brian Domitrovic.

Most Popular


The Democrats Made Two Joe Biden Miscalculations

I think it's safe to say that there are many, many progressive Democrats who are more than a little surprised -- and a lot chagrined -- at Joe Biden's polling dominance. Look at FiveThirtyEight's polling roundup. Aside from a few high and low outliers, he leads the race by a solid 20 points (at least). Even ... Read More

Our Modern Satyricon

Sometime around a.d. 60, in the age of Emperor Nero, a Roman court insider named Gaius Petronius wrote a satirical Latin novel, The Satyricon, about moral corruption in Imperial Rome. The novel’s general landscape was Rome’s transition from an agrarian republic to a globalized multicultural ... Read More