Sunday, January 20, 2013

A Modest Tax Proposal

Bill Anderson writes:
Joseph Stiglitz, yet another Nobel Prize winner in economics who has forsaken economic analysis, writes in the (What else?) New York Times that our real problem is "inequality," and if there were no inequality, we would be in a robust recovery. Thus, I have an idea: Since Stiglitz probably makes more than a million dollars a year, why not tax him (and Paul Krugman, who also makes millions a year) at 100 percent? That will lessen inequality a bit and also would allow Krugman and Stiglitz to live the examples they demand for others.

4 comments:

  1. I've always wondered why those in the positions of people like Krugman and Stiglitz, who complain about "inequality", decline a high salary and take a more modest one of, say $45,000 per year. Don't just talk the talk, walk the walk.

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  2. And to further that equality, they should give up their soap box to some Austrian economists for a while.

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  3. I started my business and risked everything I owned because I wanted to be financially equal to everyone else. I can't even type this without laughing my ass off at these two phonies.

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