Sir Howard the Egregious

Dean's tax policy is worse than I realized. Today's
OpinionJournal Editorial by Stephen Moore makes it clearer. Dean actually PROMISES tax increases -- shades of Walter Mondale. Except unlike Mondale, Dean appears poised to nail everyone, even working poor.

Here's a distillation quote:
When it comes to taxes, Mr. Dean thinks really big. In raw numbers, the Dean tax proposal would raise taxes on 109 million Americans by roughly $1.5 trillion over the next 10 years. This comes out to a Dean tax of about $15,440 for every family of four in the U.S. over the next decade. The Dean tax rule of thumb is that if you are in the middle class, he would roughly double your federal income tax payments.

And --
If the Democrats do indeed nominate Mr. Dean and make the Dean tax the underlying economic message of their party, that would be good news for Republicans, but awful news for sound economic policy making in Washington. It will signal once and for all that the Democrats have gone off the deep end on economics and no longer believe a word of John F. Kennedy's message of 40 years ago that higher tax rates "will never produce enough revenues to balance the budget, nor enough jobs" to put Americans back to work.

Read the article.