Word: flatness
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Dates: during 1990-1999
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Their approach recognizes the danger in attacking Forbes too virulently. The core of his support comes not so much from flat taxers and supply siders but rather from a growing army of weakly aligned Republicans and independents who dislike politics and the political parties and see in Forbes the fresh, unrehearsed and unretouched reincarnation of Ross Perot. No one in the Republican Party wants another multimillionaire to break off from the G.O.P. and run a third-party campaign at the angry middle in the fall. That would guarantee Bill Clinton another four years...
Meanwhile, in New Hampshire, a nonpartisan, nonprofit group called the United States National Taxpayers Alliance spent $80,000 on ads attacking the Forbes flat-tax plan. Charles Givens, the get-rich-quick author, is spending half a million dollars of his own fast cash to buy TV time in New Hampshire, and possibly later in Arizona and the Dakotas, for ads that characterize the flat tax as HIGHER TAXES FOR YOU; MORE MONEY FOR FORBES, with the sound of a cash register ringing in the background. Givens has his principles, but he also bears a grudge. Forbes magazine over...
Even as Dole denounced the Forbes tax plan as "snake oil" and Gingrich branded part of it "nonsense," the two Washingtonians found themselves rebuked by none other than House majority leader Dick Armey, a longtime flat-tax champion. "In politics, panicky candidates sometimes say things they never live down," Armey warned. "In 1980 George Bush mischaracterized Reagan's policies as 'voodoo economics,' and it haunted him for the rest of his career," Armey argued. "The flat tax is the future of the Republican Party." As Armey and Dole hashed out the details of the congressional schedule in the Senate cloakroom...
...struggling to come up with a story that could paper over this growing gulf and restore a broad theme to their election-year drive. Their best effort: an argument that what their party stands for is major tax reform. Both went out of their way to emphasize that the flat tax is only one of several proposals for overhauling the hated federal tax system...
Maybe it's no coincidence then that Forbes' column, "Fact and Comment," which has run in Forbes since the mid-1970s, reveals an absolute mania for cutting taxes and preserving "sound money." Everyone has heard about Forbes' flat tax. But what else does he stand for? Where Malcolm Forbes was famous for collecting Faberge eggs and toy soldiers, Steve Forbes' writings show him to be a collector of policy fetishes that range from mainstream to downright odd. The one constant is their angle of vision, which, as befits an heir, is decidedly a view from...