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« "Even on Religious Campuses, Students Fight for Gay Identity" | Main | Rudolf Bahro on “General Emancipation” (Part 1) »

04/20/2011

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Jimbino

There's a typo here: "$150 billion" should read "$1500 billion."

While no analysis by Krugman is to be trusted, the static analysis by Wolfe is not much better, because returning to the tax rates of 1961 would not raise all that much, since today's rich have both more sense and more opportunity to take their money overseas where it would be more appreciated. 35% tax on the wealth of today's rich is far better than 39% of what would be left to tax once their funds are in Estonia, New Zealand, Singapore and Hong Kong.

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