November 24, 2005
SCREWING THE RICH:
Sometimes, a Tax Cut for the Wealthy Can Hurt the Wealthy (ROBERT H. FRANK, 11/24/05, NY Times)
A careful reading of the evidence suggests that even the wealthy have been made worse off, on balance, by recent tax cuts.
It's the pluperfect explantion of NY Times economics: if you have your money, and the government doesn't, you lose. Posted by Orrin Judd at November 24, 2005 11:42 AM
Comments
A cursory reading of the evidence shows the NYT to be completely insane.
Posted by: jim hamlen at November 24, 2005 1:45 PMLet's have someone write in to the paper asking whether it would also be true that a tax cut for the New York Times would prove a bad thing for them.
Posted by: Matt Murphy at November 24, 2005 3:38 PM