A Modest Proposal: Tax Joe Stiglitz at 100 Percent

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Joseph Stiglitz, yet another Nobel Prize winner in economics who has forsaken economic analysis, writes in the (What else?) 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.

8:42 pm on January 19, 2013
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