Re: LVT dustup over at AngryBear

>I'm sorry. I thought James Kroeger's comments on the value of
>progressive taxation and the beneficial role of government spending
>to employ surplus labor were the most informed replies in the
>thread.

Really? I found his comment that a high and steeply progressive income
tax is the ultimate solution for unemployment to be completely
misguided and illogical. While there is definite merit to the use of
traditional Keynesian fiscal policy as a countercyclical stabilization
mechanism, the idea that chronic unemployment is a problem best solved
through the application of higher taxation on productive activity (such
as labor itself) is absurd.

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