Econ 479

The Art of Writing, the Science of Economics

Raise taxes on the wealthy?

Here‘s an interesting argument for doing so. Some of the comments are well worth considering, too—and good examples of why it’s a useful tactic to acknowledge an opposing argument while refuting it.

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Written by gregorymcnamee

February 5, 2010 at 2:49 pm

One Response

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  1. It’s not just a good idea, it’s necessary. Cutting taxes during an economic boom was irresponsible and a purely political decision. A 22% tax rate for the wealthiest is incredibly low compared to most developed countries. The tax rate for those earning over 37,400 GBP is 40%. Increased taxes on the wealthiest has a much smaller effect on quality of life than increased taxes on the middle class.

    Julian

    February 11, 2010 at 5:19 am


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