The Agenda

Rep. Mike Simpson on a Millionaire’s Bracket

There is an interesting brief passage in Damien Paletta and Carol E. Lee’s Wall Street Journal article on the state of play on tax rates:

Rep. Mike Simpson (R., Idaho) said in an interview Wednesday many Republicans would likely accept a deal that raised tax rates on households earning more than $500,000 or $1 million if Democrats offered to back substantial entitlement cuts.

Don’t be shocked if the politically-attractive, but in my view unwise, millionaire’s tax bracket returns.

Reihan Salam — Reihan Salam is executive editor of National Review and a National Review Institute policy fellow.

Most Popular

World

EuroTrip

Dear Reader (Especially everyone who got ripped off ordering that giant blimp online), Imagine an alien race that built its civilization on the fact it literally defecated highly refined uranium, or super-intelligent and obedient nano-bots, or simply extremely useful Swiss Army knives. Now imagine one of ... Read More
Politics & Policy

The Rise of the Abortion Cheerleaders

Is abortion a sad and unfortunate reality — regrettable, as we are sometimes told, but often necessary — or is it a breezy nothingburger, completely “normal,” and something to be giddily celebrated like a last-minute NFL touchdown?  For a long time, the abortion lobby has had difficulty deciding. This ... Read More
World

Europe Needs to Grow Up

It was a hot and difficult summer. And Europeans were pained to hear the blunt assessment that the U.S. would not be able to forever sustain NATO without greater investment on their part. The alliance was heading for “collective military irrelevance” and the current state of affairs was “unacceptable,” ... Read More