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Mark Shields / Politics

The Rich as Underdogs

Tom Perkins, a venture capitalist with a net worth of reportedly $8 billion, sits on the board of Rupert Murdoch's News Corp., which owns The Wall Street Journal. So it was not surprising that when Perkins wrote a letter to the editor whining ...

Needed: One Really Smart Tiger

The Tax Reform Act of 1986 -- which dramatically cut individual rates, lowering the top rate paid from 50 percent to 28 percent, while closing down nearly $200 billion in tax loopholes -- stands unchallenged as the major domestic achievement of ...