Robert Waldmann told Paul Krugman so About 21 months ago Paul Krugman had a question lower and middle-income Americans would be substantially better off under the Obama plan. But where is the money for health care reform? I proposed an answer there are two puzzles in Obama’s proposals1) How does he plan to pay for […]
[cross-posted on ataxingmatter–see posting there for additional comments] As some of you may know, I am one of the many people who eat a vegetarian diet. I don’t eat cows, pigs, fish, whales, sharks, chicken, turkey, sheep, wild game, tame game… As I sometimes say when people ask me about my diet, I eat everything […]
by reader coberly Andrew Biggs wrote that current Medicare recipients have not paid enough for the benefits they will recieve. He states that “since this is zero sum, it means that future taxpayers will get less than they pay for.” Here is an excerpt of what he said, followed by my comments. Biggs said: unlike […]
Robert Waldmann Steve Benen made a graph out of a table from a column by Bruce Bartlett. Bruce Bartlett is an interesting figure — a heterodox conservative who praises Reagan and criticizes Bush Jr. The figure sure fits Bartlett’s line. It shows the effective tax rate on families with median income. Sad to say, Steve […]
My Loyal Reader notes that the economic survival of Zimbabwe’s current government is now largely dependent on sin taxes: As he presented his revised 2009 budget to parliament, Finance Minister Tendai Biti noted that “indirect taxes made up of customs and excise duty have contributed 88 percent of government revenue, which means that the government […]
Via Stefan Karlsson, Kash guest-posts at EconBrowser. With—as will come as no surprise to long-time AB readers—lots of graphics.
While there was a lot of blather about “values voters” swinging the 2004 Presidential election to the man who had none, the real story has always been that the HENRYs went for W’s policies. That changed in 2008: Guess who won Joe the Plumber’s vote…real people who make about $42,000 a year, the median income […]
by: Divorced one like Bush In a posting regarding which presidents would be considered socialist I found the following curious:1921 – 4% 73% Census1922 – 4% 56% Census1923 – 3% 56% Census1924 – 1.5% 46% Census1925-1928 – 1.5% 25% Census1929 – 0.375% 24% Census1930-1931 – 1.125% 25% Census 1982-1986 12 brackets 12% 50% IRS1987 5 […]
By: Divorced one like Bush I am responding to a post put up at Crooks and Liars: The McCain campaign small business myth. It presents that the myth is found in the number of small businesses in existance and what percentage of them earns $250,000 or more. I love C and L, but this is […]
Glancing through the CBO survey that only checked one side of the ledger, and therefore made Greg Mankiw happy, I came across the data on Corporate Taxes paid, by Quintile of Income. Now, there has been a groundswell of declarations that people aren’t “leaving the job market”; instead, they are supposedly being “entrepreneurs,” starting their […]