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View Diary: OMG!!! Teh Book That Would Have Destroyed Teh Obama!!!1!!1! (83 comments)

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  •  It matters what rate you start with (1+ / 0-)
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    bobinson

    Obviously, the consequences of raising or lowering the tax rate when it is 90% are going to be different than when it is 36%.

    It also matters what else you do at the same time, in terms of changes to deductions and classification of income.

    Fry, don't be a hero! It's not covered by our health plan!

    by elfling on Sun Dec 02, 2012 at 05:58:41 PM PST

    •  Even David Brooks agrees (0+ / 0-)

      Obama is talking about raising the top marginal rate from 35% to 39%. 39% is what Clinton had it pegged at. Even conservative pundit David Brooks says that raising the top rate 3 or 4 percent would be fine.

      PS: I don't know why I'm singling out David Brooks. He's conservative. Which means he's usually wrong. But not on this one point.


      i just baptized andrew breitbart into the church of islam, planned parenthood, the girl scouts and three teachers unions. - @blainecapatch

      by bobinson on Sun Dec 02, 2012 at 09:08:00 PM PST

      [ Parent ]

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