Is There Enough Income at the Top to Make a Difference to the Deficit?
September 21, 2011 at 09:42 AM EDT
In response to Obama’s proposal (pdf) to let the Bush tax cuts expire for high-income households as one of the ways to close the budget deficit in future years, I’ve heard and seen a number of commenters assert that there simply aren’t enough people at high levels of income for that particular idea to make [...]
