In the Atlantic’s new cover story, Michael Kinsley makes two big points. First, Baby Boomers have just about ruined this country. Second, they can still save it.
His idea? Something like a universal estate tax to skim off the Boomer generation’s wealth to keep their children and grandchildren from having to shoulder crushing debt. These three paragraphs get to the heart of the argument:
Could a Universal Estate Tax Save the Country From Debt? – Derek Thompson – Business – The Atlantic