• If the argument is that illegal immigrants are overtaxing the welfare state, then that's an argument for paring back the welfare state, not deporting 12 million people.

    WSJ: Stephens: Earth to GOP: Get a Grip

  • Expensing is good policy: Depreciating investment outlays over time for tax purposes delays deductions that lose value with time and inflation, understating costs and overstating (and overtaxing) real profit.

    WSJ: Opinion: Corporate Tax Cuts Needed

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