Re: LVT dustup over at AngryBear

>That means the broad middle class should be taxed at the lowest
>possible rate.

Agreed.

>The downside to high tax rates on upper incomes is
>that it spawns an army of lawyers and accountants working
>(unproductively) to create tax shelters and to work Congress for
>special deals in the tax code.

Also agree.

>The maximum rate should never again be set as high as it once was,
>but I think the tax burden should be shifted towards the upper income
>end.

I think that the tax burden should be shifted off of productive
activity and onto unproductive rentier activity.

.

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