Not that the U.S. isn't in trouble—the radicalism of the antitax Republicans jeopardized the United States' solvency, he writes.
The antitax phobia that has taken hold of the GOP remains the biggest obstacle to reaching a deal.
c.1300, "impose a tax on," from Old French taxer "impose a tax" (13c.), from Latin taxare "evaluate, estimate, assess, handle," also "censure, charge," probably a frequentative form of tangere "to touch" (see tangent). Sense of "burden, put a strain on" first recorded 1670s; that of "censure, reprove" is from 1560s. Its use in Luke ii for Greek apographein "to enter on a list, enroll" is due to Tyndale. Related: Taxed; taxing.
early 14c., "obligatory contribution levied by a sovereign or government," from Anglo-French tax, Old French taxe, and directly from Medieval Latin taxa, from Latin taxare (see tax (v.)). Related: taxes. Tax shelter is attested from 1961.