[lbo-talk] Kerry's Tax Cut Makes Me Wanna Ralph

[C. G. Estabrook]

Why not, indeed?  Why not a serious and sharply progressive wealth tax on
individuals, kicking in at an appropriate level (i.e., somewhere above
what I own)? One could then even embrace a (low) flat tax on income and a
zero corporate tax.  (Some numbers on this were run a decade ago in a book
by Ralph Estes.)  --CGE

On Thu, 1 Apr 2004, Doug Henwood wrote:


> >... Why have a corporate income tax at all?
> 
> That's a good question, and one I often ask myself. Who pays the
> corporate tax ultimately? Hard to say really. Why not replace it with
> higher taxes on rich individuals?
>