Oct. 19th, 2011

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Like the title says:

A) To nobody's surprise, Herman Cain's 999 Plan raises taxes on all but the very richest (see graph below) They get a tax cut. This is SOP from the Republicans - Cain's just got a catchy marketing phrase to sell it.



B) I think the Occupy Wall Street crowd is in many ways as illogical as the Tea Partiers, but here's what they are upset about. (Hint: Massive income inequalities and unemployment while corporate CEO wages and profits are skyrocketing.)

C) From E. J. Dionne, a defense of liberal's tax views. Liberals believe that the wealthy should pay more in taxes than “the rest of us” because the well-off have benefited the most from our social arrangements. This has nothing to do with treating citizens as if they were cows incapable of self-government. As for the regulatory state, our free and fully competent citizens have long endorsed a role for government in protecting consumers from dangerous products, including tainted beef

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