Sunday, November 6, 2011

Is anyone still listening to Herman Cain? Realy? Read on Macduff.

Flat tax proposals are the rage, usually around presidential elections. Herman Cain's 9-9-9 doesn't make a whit of sense.
Here's a useful analysis of flat taxes from Robert Frank of Cornell University.
http://www.nytimes.com/2011/11/06/business/flat-tax-doesnt-solve-inequality-problem.html?src=me&ref=business

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