Update: *Additional numbers added Digby wrote a few days ago about the“grown-up” people coming to town to save America from the deficit. She listed a few of those people and their annual income.   Also, a few days ago the Senate had a vote on the tax cuts. Letting the Bush cuts go (I’m […]

by Mike Kimel Peter Diamond, Emmanuel Saez, Paul Krugman and Me!! Looking at Optimal Tax Rates Via Paul Krugman, I learned of this paper by Peter Diamond and Emmanuel Saez. Diamond, of course, is a Nobel Laureate. I will be shocked if Saez isn’t one too in ten or fifteen years. Long story made very […]

by Mike Kimel John Taylor in Favor of Higher Marginal Income Tax Rates? If Not, Why Not? A couple of weeks ago, John Taylor posted a graph showing that since 1990, there has been a negative correlation between the Investment to GDP ratio and unemployment. There’s been some back and forth between Taylor and some […]