- This is it. We know that confidence in the social contract, founded on taxation, is a long-term process - and that tax is perhaps the single most important determinant of political representation over time. The damage done now will affect US democracy for the foreseeable future
- If the IRS deprives Harvard of its tax-exempt status, that's very bad for Harvard but it's also a catastrophe for the IRS. Instead of a neutral agency that enforces tax law, it will become a tool of partisan warfare. It may never recover.
