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Examples
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It may well be the economic silly season, but most business owners can't be wacky enough to take Mr. Blinder's proposal seriously.
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Exhibit one supporting Mr. Blinder's claim that we're in an economic "silly season" are the words of our own president.
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Blinder's resignation and resentment are smart responses, then let's praise the folly of the flat tax.
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Alan Blinder's lament about the difficulty of picking up long term trends is a result of over-reliance on linear thinking.
Economists Too Linear?, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Blinder's because many of us feel a lingering resentment toward people who regularly earn $20 million a year.
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Blinder's love of wealth redistribution does not recognize that building a business is usually a gut-wrenching battle and a business owner's biggest threats are the IRS and the government.
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Alan Blinder's paean to resignation and resentment in " The Folly of the Flat Tax " op-ed, Nov. 14 serves both attitudes well in the name of little or no improvement.
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To use Alan Blinder's figures, why does he think it fair that we should tax someone earning $20 million a year at nearly 35% of his income and tax someone earning $50,000 a year at roughly 5.4% of his income?
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Blinder's main problem, though, is not his resignation over achieving a simple flat tax.
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Alan Blinder's book Hard Heads, Soft Hearts, which contains extensive attacks on Reagan-era supply-side economics, also pays homage to the tax reform of 1986, much of which was undone by the Clinton Administration, notwithstanding the fact that Clinton appointed Blinder to some top policy positions.
Ronald Reagan's Economics, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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