If you’re concerned about the deficit and you think that Rick Perry’s new tax proposal might be a good idea, you probably ought to take a look at this chart: It turns out that not only is this just a huge tax giveaway to the rich, Perry’s plan would actually raise $4.7 trillion fewer dollars […]
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A number of commenters pushed back against me when I argued that taxing the rich, without fixing other injustices within our political system, would not be enough. Darren G warned that I was arguing “a straw man.” The recent poll published in the WSJ showed that 30% of the OWS protesters were motivated by ” […]
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I find most discussions of taxation mind-numbingly stupid. We have a terrible tax code. It’s full of bad incentives. It’s written by people in the thrall of public opinion or pledged to Grover Norquist’s silly no-new-taxes pledge. It’s an ad hoc disaster that makes many tax lawyers and tax software people very rich. Many people […]
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