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Title : Oh Boy, Krugman Is Working On The Wealth Revenue Enhancement Proposal
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Oh Boy, Krugman Is Working On The Wealth Revenue Enhancement Proposal

P. Krugman

P. Krugman tweets:

I'm working on the Saez-Zucman-Warren taxation proposal -- which is, past times the way, a existent proposal, much to a greater extent than too then than the (not at all stupid) proposition past times @AOC of a 70% come about rate. It's simultaneously radical too serious, too worth analyzing closely 1/ https://t.co/cZ0FWqg3uE

— Paul Krugman (@paulkrugman) January 26, 2019

The Saez-Zucman-Warren taxation proposal is the Elizabeth Warren wealth taxation proposal (SEE: Elizabeth Warren Goes Tax Crazy).

In many ways, Krugman is worse than Warren or AOC, he loves authorities taking coin from the people. Influenza A virus subtype H5N1 wealth taxation is bad on many dissimilar levels. But Krugman is having a taxation orgasm over the thought:

It's a actually big deal. It would heighten to a greater extent than or less 1% of GDP, alone from the come about 0.1% of wealth owners; meanwhile, the come about 0.1% of income earners (not quite the same people, only close) gets to a greater extent than or less 9% of full income, too then this is a double-digit rising inwards their effective taxation charge per unit of measurement 2/

— Paul Krugman (@paulkrugman) January 26, 2019

The political obstacles would of course of written report hold upward formidable (although Blue Planet overwhelmingly favors higher taxes on the rich.) But anyone dismissing this equally a wild too crazy system is revealing to a greater extent than nearly themselves than nearly Warren too her advisers. 7/

— Paul Krugman (@paulkrugman) January 26, 2019

-RW 

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