Via Economist's View Fobert Frank makes the case against, the case against progressive taxation. N Gregory Mankiw ("you may remember from your first year economics text/my time as chairperson of George Bush's Economic advisers) doesn't like what he hears. But rather decently offers Frank the right of reply.
If they existed, regular readers of this blog would know that I'm something of a fan of progressive taxation regimes. So it wouldn't be a surprise to find out that I side with Frank. But, setting that aside for a minute, the most salient point is that there is a genuine debate about these things.
Which is something that you wouldn't learn if you relied on Treasury's Briefing to an Incoming Government. #######
Wednesday, April 18, 2007