Taxing the rich

[Sean]

Originally Posted by froopy seal

Pity that the numbers and math apparently don't work out (see comments on the blog). Nonetheless, an entertaining read. I especially liked 'Bill “depends on what the meaning of IS is” Clinton'.

Some assertions in there are obviously quite broad and rely on a number of "what if's" (like the out of debt in 5 years point), but what really grabbed me was the clear presentation of wealth inequality. And those numbers are definitely in the ballpark based on what I've seen in research I've done elsewhere. Overall, the basic thrust of the blog rings pretty true to me.