more right-wing radio

Max Sawicky sawicky at epinet.org
Sun Oct 18 19:40:36 PDT 1998



> Back during the Bush era, Summers co-authored a paper with his wife, a
> lawyer, very cautiously suggesting a transactions tax on
> securities trading (a position he no doubt left behind in Cambridge). I
quoted it in a Nation editorial. When the factchecker called him to verify that he'd written it, he exploded, saying it was just a speculative academic paper he didn't want appropriated for "political" use.>

Actually this was included as an item in an article Summers did for the New Republic, with a title along the lines of "ten good taxes" or somesuch. So it wasn't exactly a secret. That this article never surfaced as a bludgeon against Mr. Summers during his confirmation hearings may be testimony to his bipartisan big-shot status.

MBS



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