Henry's advice to labor

michael at ecst.csuchico.edu michael at ecst.csuchico.edu
Thu Jan 21 19:15:48 PST 1999

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Doug wrote:
> A flat tax can't be progressive. You can write exemptions and deductions
> into it, but after some point it gets flat.

True, but you could set up a high rate for all income above $500,000.

-- Michael Perelman Economics Department California State University Chico, CA 95929