The NYT reported today on the reaction to the tax proposal put forward by Representative Charles Rangel, the chairman of the House Ways and Means Committee.
The article quoted Republican presidential candidate Mitt Romney as saying that Rangel's proposal is the “largest increase in the history of America.” It would have been worth mentioning that this is not true since some readers may not be aware of this fact. It also would have been appropriate to point out that charging that a particular tax increase is "the largest in history" is a Republican ritual. There have been many proposals that they have labeled the "largest tax increase in history" over the last two decades.
Unlike many news organizations, the Prospect has remained staunchly committed to keeping our journalism free and accessible to all. We believe that independent journalism is crucial for a functioning democracy—but quality reporting comes at a cost. From Trump’s threat to the free press to Musk’s influence on our democracy, there is too much at stake in 2025 to stop now.
We’re behind on our goal to raise $75,000 to continue delivering the hard-hitting investigative journalism you’ve come to expect from us. Your support helps us maintain our independence and dig deeper into the stories that matter most.
We need you to make a year-end contribution today. Any amount helps secure our future and ensure we can continue holding power to account.
