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What s The Matter With Georgetown?
Posted on June 16, 2008
Today's blog borrows its title from Thomas Frank's bestseller, What's the Matter with Kansas? Frank, a populist lefty, asked why America's white working class often votes against its economic interest.We might ask the same question of trendy urban professionals who like Barack Obama. If Obama wins the presidency, a tax war will be declared on America's urban professionals.Obama won't say this. He will say that America's rich need to pay more in taxes. He wants you to picture hedge fund billionaires. But such moguls have the means to duck and hide in America's 8-million-word federal tax code,...
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