Finally, Some War Tax Talk

New legislation proposed by Rep. David Obey, D-Wisc., would impose a modest, graduated surtax to help fund the war in Afghanistan. Obey offered an obvious -- and obviously compelling -- argument for the proposal: “Regardless of whether one favors the war or not, if it is to be fought, it ought to be paid for.”

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War taxes... have been a near constant of American politics (see my book for more on that argument). Only the post-9/11 wars have broken categorically with the American tradition of wartime sacrifice.

It's time to rediscover a more noble past.

View TaxAnalysts' Joe Thorndike's opinion in its entirety on TAX.com.