Ask five economists and you'll get five different answers - six if one went to Harvard.
Edgar R. Fiedler
More from: Edgar R. Fiedler
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I don't want to get into the 'who's a hostage-taker' discussion here, but what is the estate tax? It's a double tax on death. Economists will tell you that it's really not a tax that soaks the rich, but it's a tax on capital that deprives business investment and therefore job creation. -
I'm happy to report that 'The New Press' is still in business to this day. But not thanks to me. I was a really bad publishing intern. -
I think if you look at people, whether in business or government, who haven't had any moral compass, who've just changed to say whatever they thought the popular thing was, in the end they're losers. -
Politics is just show business for ugly people. -
The 9-9-9 plan would resuscitate this economy because it replaces the outdated tax code that allows politicians to pick winners and losers, and to provide favors in the form of tax breaks, special exemptions and loopholes. It simplifies the code dramatically: 9% business flat tax, 9% personal flat tax, 9% sales tax.