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Originally Posted by aceventura3
I don't know what the equilibrium tax rate is, it is illusive given the complexity of our economy and all of the variables going into the "marginal tax rate". What I do find interesting is how marginal tax rates on the poor and middle class can be obviously excessively high and many pretend that those rates have no impact. Like I have said, the "rich" can manage their taxes, they have options everyone else does not have. The people seeking to improve their economic status in life take the brunt of our tax system. That is wrong.
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How can you claim they are "obviously excessively high" when tax rates are at levels not seen since the Truman Administration? Obvious to who?
---------- Post added at 05:36 PM ---------- Previous post was at 05:34 PM ----------
Quote:
Originally Posted by aceventura3
I didn't Google the full title, it happens.
But, Krugman's defense focusing on journalistic ethics is honorable, but misses the bigger question of how wrong he was in his views either then or now. It is not clear how he reconciles the conflicts in his writings since the E-man article.
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What articles? What writings since E-Man are in conflict with it?