How High Should Taxes Get on the Wealthy? By John Carney Good to see John Carney invoking MMT again! My conclusion would have been with today’s shortage of aggregate demand we are grossly over taxing for inflation prevention, and so, a FICA suspension is the way to go vs a tax cut for the rich. But it wasn’t my [...]
How High Should Taxes Get on the Wealthy?
By John Carney
Good to see John Carney invoking MMT again!
My conclusion would have been with today’s shortage of aggregate demand we are grossly over taxing for inflation prevention, and so, a FICA suspension is the way to go vs a tax cut for the rich.
But it wasn’t my story.
;)
