Lloyd Grove, The Daily Beast
Malcolm Stevenson Forbes Jr., better known as just plain Steve, knows a thing or two about the cruel whimsy of presidential politics.As a novice Republican candidate in 1996, he pushed his plan for a one-size-fits-all 17 percent flat tax as an elegant way of simplifying the federal income-tax code (and, not coincidentally, benefiting the rich). He spent about $70 million of his own money to win two primaries"”Arizona and Delaware"”before dropping out and endorsing Bob Dole.In the nomination race four years later, the business-magazine...
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