We are all used to paying a sales tax when we buy things – almost 9 percent here in New York City. The application of this concept to the financial sector could solve our need for revenue bring some sanity back into the financial sector and give us a way to raise the revenue we need to run the government in a fiscally responsible way.
I have long said there are three distinct groups under the GOP's tent: theological warriors who want to impose their social views on the rest of society Tea Party zealots who say with a straight face that they want the government to get out of their Medicare and remnants of the pro-business moderates.
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Health care reform the marquee legislative accomplishment of the Obama administration's first term was passed before we entered the world of divided government.
