Cheap at the price
IN an uncharacteristic lapse, el jefe is confused about (1) the rich paying most of the taxes and (2) taxes on the rich squarely hitting the middle class every time it's tried.
He should add "forty percent" to his incense-scented chants. Forty percent . . . forty percent . . . forty percent . . .
Can't wait till the children get free health care. That'll bring the figure down for sure, because, you know, the markets don't work in health care.
posted by ColumbusGuy @ 12:24 AM
1 Comments:
I was making a different point than marginal rates, i.e. total amount paid by high-income earners as a percentage of the whole pie. (Which certainly doesn't mean I wasn't wrong.) Indeed, I was really just making a point about the WSJ wanting to have it both ways, elsewhere bemoaning that the rich already pay most of the taxes, but here claiming "the middle class . . . [is] where the real money is." The US treasury seems to agree with the former proposition and disagree with the author here.
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