Tax Reform This Year is Just a Charade

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Bruce Bartlett argues today that tax reform is a nonstarter this year. It’s insanely complicated; nothing exists even in draft form yet; and House Ways and Means Committee Chairman Dave Camp is busy thinking about a plan to run for the Senate in 2014:

Consequently, the idea that there will be a tax reform bill for the House to consider by the time it must raise the debt limit is ludicrous….Personally, I think Mr. Camp knows full well that he can’t do tax reform this year or next. He just wants a bill for Congress to consider so that there will be many opportunities to meet with lobbyists about their objections to one provision or another. This will help him raise campaign contributions for his very expensive Senate race.

This is your cynicism alert for the day. Which isn’t to say it’s wrong, of course.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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