Eugene David ...The One-Minute Pundit |
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Thursday, April 09, 2009
French Economist Argues for an 80-percent Tax on the Rich
...and con-SER-va-tives have argued for a ZERO-PERCENT TAX. Economic fantasies beget economic fantasies. The laissez-faire of the Roaring Twenties paved the way for 90-percent tax rates, which over time led to trickle-down, which in turn led to bubbles and Lehman. This is just another fantasy, to be answered in kind with a fantasy.
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