Hillary’s attacking Bernie for raising taxes on the middle class, which both suggests a serious constraint on a truly progressive policy agenda and may be necessary to get elected. Even while the firm is already as master tax avoider, Pfizer is inverting–moving its tax mailbox to Ireland while keeping its operations largely here (and thus using US infrastructure, education system, etc. without paying its fair share for them)–to further take down its tax rate.
It’s official: our federal tax system is a hot, revenue losing mess. How did we get into this cramped cul-de-sac of a tax debate and how do we get out of it? Over at Wapo.