Early on Saturday morning, 29 million Americans woke up to take a break from school shootings, Russian collusion, and partisan gridlock to watch a California woman achieve a rare fantasy. The woman in question watched the sun rise as plain old Meghan Markle. But by the time it had set, she had become Her Royal Highness Meghan, Duchess of Sussex. (When she’s in Scotland, she’s the Countess of Dumbarton. In Ireland, she’s the first Baroness of Kilkeel. What did your grandmother-in-law give you on your wedding day?)
Lots of Americans grow up wanting to become a princess. Some of them spend years acting like it’s already true. (The best of this breed used to wind up embarrassing their families and everyone else they know on MTV’s My Super Sweet Sixteen.) But, throwing aside concepts like social mobility and “intergenerational earnings elasticity,” once an American girl picks her parents, it’s pretty much game over.
Now Meghan’s parents can debate whether they lost a daughter or gained a son. And the royal wedding fans at the IRS can debate whether they lost a taxpayer — or gained a whole new source of revenue!Continue reading →