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A Modest Proposal: Tax Joe Stiglitz at 100 Percent

Posted By admin On January 20, 2013 @ 6:24 am In Money Watch | Comments Disabled

Lew Rockwell Blog ^[1]
Jan 20, 2013

Joseph Stiglitz, yet another Nobel Prize winner in economics who has forsaken economic analysis, writes in the (What else?) ^[2] New York Times that our real problem is “inequality,” and if there were no inequality, we would be in a robust recovery.

Thus, I have an idea: Since Stiglitz probably makes more than a million dollars a year, why not tax him (and Paul Krugman, who also makes millions a year) at 100 percent?

That will lessen inequality a bit and also would allow Krugman and Stiglitz to live the examples they demand for others.

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[1] Lew Rockwell Blog: http://www.lewrockwell.com/blog/lewrw/archives/130960.html

[2] writes in the (What else?): http://www.lewrockwell.com/blog/lewrw/archives/opinionator.blogs.nytimes.com/2013/01/19/inequality-is-holding-back-the-recovery/?pagewanted=print

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