Label-induced Hysteria

“Senator Lindsey Graham (R-SC) said that ‘if [Obamacare] had been seen as a tax, they wouldn’t have gotten ten votes, much less sixty. . . they either don’t know what they’re doing, or they lied to us. So this is a huge issue in the fall.’”  Senator Graham, himself deluded or gullible by his own admission, indicates that the American people don’t have the sense to look through labels to substance.  He’s probably right:  Look at the effort to relabel the estate tax the “Death Tax,” and to call a trillion-dollar retroactive territoriality scheme a “Holiday.”


Author: patoglesby

From 1982 to 1990, I worked in tax policy for Committees of the United States Congress. In recent years, I was Adjunct Lecturer at UNC-Chapel Hill's Business School and then Adjunct Professor at its Law School.

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