tag:blogger.com,1999:blog-3758330678390419129.post7767489082475893272..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Krugman Supports Alexandria Ocasio-Cortez Call for Higher Taxes on the RichRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-31183026348607354942019-01-12T18:55:18.385-05:002019-01-12T18:55:18.385-05:00Krugman has a Nobel Prize and is a millionaire. Y...Krugman has a Nobel Prize and is a millionaire. You aren't. By your Libertarian doctrine, Who should I believe?<br /><br />Gee, you libertarians are ignorant of history. Adam Smith proposed progressive taxation.<br /><br />US marginal tax rate from WWII until 1981 hit a high over 91% and were at 65% until the Reagan tax cuts (which he had to raise several times). <br /><br />The golden ageJack the Cold Warriorhttps://www.blogger.com/profile/13092253526984511948noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-73339049133062610902019-01-07T10:30:34.683-05:002019-01-07T10:30:34.683-05:00Krugman will write whatever supports the hierarchy...Krugman will write whatever supports the hierarchy from which he makes his income doing almost nothing. And of course his income will probably somehow avoid the taxes he is writing in support of. As will that of the political class. <br /><br />Notice too how Krugman avoids the nature of taxation in the USA. Tax in the USA is in a number of big taxes (fed income, state income, property, FICA, etcJimmy Joe Meekerhttps://www.blogger.com/profile/09559104650594440766noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-21708189022635351442019-01-06T14:08:20.578-05:002019-01-06T14:08:20.578-05:00I never understood how socialists even want to att...I never understood how socialists even want to attack the wealthy with an income tax. Isn't the whole theory around worker's time being more valuable than capital? Workers create and capitalist scum skim off the top? That should mean an income tax rate of 0% to them I would think. The high income earners already pay a higher portion of taxes then during the 90% rate years. On the Ann AJOhttps://www.blogger.com/profile/18199742607749169526noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-27292135673526232482019-01-06T11:42:55.703-05:002019-01-06T11:42:55.703-05:00Whats wrong with inequality?
Inequality is a good...Whats wrong with inequality? <br />Inequality is a good thing because it sets in order hierarchy and structure. The problem is we need to get rid of the method by which the corrupt and evil are able to stay at the top of the of the inequality. Bet rid of the central banks money printing and return to sound money and the inequality will tend towards those who actually deserve it.Calebhttps://www.blogger.com/profile/17084367745727747084noreply@blogger.com