Drudge Report notes Paul Krugman's proposal to bring back the 91% marginal tax rate...
* Remember David Bowie's Cat People? Paul Krugman is definitely not that.
Update:
Krugman's Tax Confusion
Micky Kaus' slap down of Krugman
Liz Peck responds
Glenn Reynolds
Prior EBL posts:
Bring back the Twinkie
Girls Eating Twinkies Rule 5
RIP Twinkies
 |
| Fat Cat Person* Too many Twinkies Paul... |
Update:
Krugman's Tax Confusion
Micky Kaus' slap down of Krugman
Liz Peck responds
Glenn Reynolds
Prior EBL posts:
Bring back the Twinkie
Girls Eating Twinkies Rule 5
RIP Twinkies
1950's tax rates coupled with 1950's-style entitlements might just work...
ReplyDeleteIt never quite works that way. And what people forget is no one paid 91% because there were plenty of loopholes to avoid that rate.
DeleteMy point was that 1950's entitlements were minimal.
DeleteI knew you meant that. I should have been clearer in commenting.
Delete