Hidden Taxes
The US government is now awash in revenue, owing to the economic boom that has dramatically enlarged the pie on which the state can gorge itself. And yet the Clinton administration not only refuses to curb the rates, even a smidgeon, but it wants to trade some higher taxes for a few more targeted loopholes. Meanwhile, the GOP is promising-yet again-to cut taxes. But like Lucy with the football, no one believes it any more.