Shikha Dalmia on the Rubio-Lee Tax Reform Plan
It's conservative social engineering atop pro-growth reforms
Republican Senators Marco Rubio and Mike Lee recently released a tax reform proposal that is a curious mix of principled pro-growth measures and populist middle-class relief. Where it sticks to principle, it is great. But where it veers into populism, the plan collapses into incoherence.
The senators' plan is a first stab at translating the reform conservative vision (which I wrote about here) into a governing agenda for the GOP. But despite all the accolades that reformocons are showering on it, it has some serious problems of vision and math. At its core, it is social-engineering of the right that'll only add to this country's mounting fiscal problems.