[FoRK] Tax math
eugen at leitl.org
Mon Oct 11 13:23:23 PDT 2010
On Mon, Oct 11, 2010 at 04:20:13PM -0400, laurent oget wrote:
> The fact that income tax rates on the high income were more than twice
> higher than they are now, and yet economic activity did not grind to a halt
> in the 50s and 60s is a hard counter-example to miss.I guess they do not
> call economics the dismal science for nothing, as it appears being in
> agreement with his political delusions is more important for Mankiw than any
> relationship with reality.
Whatever happens, you're fucked. It's deck chair rearrangement
on the Titanic.
Having had steered of the damn iceberg would have mattered.
Too late for that now.
Eugen* Leitl <a href="http://leitl.org">leitl</a> http://leitl.org
ICBM: 48.07100, 11.36820 http://www.ativel.com http://postbiota.org
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