Archive for August 21st, 2014

Could the U.S. Tax Its Way Out of Debt and Inequality?


Thursday August 21st, 2014   •   Posted by Craig Eyermann at 6:11am PST   •   1 Comment

What would happen if prominent income-inequality theorists, such as economists Thomas Piketty, Emmanuel Saez and Peter Diamond, could get their way and hike the topmost marginal income tax rate in the United States to 80%? Would the nation enter into an enlightened state of economic nirvana as they claim? Or would things perhaps turn...
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