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December 2, 2011

DeLong: Top Tax Rate Should Be 70%

-- by Dave Johnson

Brad DeLong says the "right" top tax rate is 70%. I think it should be much higher, at 70% someone making a billion still ends up with $300 million so the incentive to bad action is still too high. The 70% Solution - J. Bradford DeLong - Project Syndicate

Posted by Dave Johnson at December 2, 2011 11:06 AM


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