Portside

On Monday, a grassroots, anti–corporate tax-dodging coalition called Flip the Debt crashed a "Fix the Debt" party at St. Anselm's College in New Hampshire hosted by Honeywell CEO David Cote to tell the gathered deficit hawk disciples that paying their "damn taxes" would be a better solution than crippling the nation with fiscal austerity measures.

Dramatic cuts in tax rates have not led to an acceleration in economic growth, investment, or productivity.