Robert Shiller: A Way Out
The Sceptical Market Observer
scepticalmarketobserver.blogspot.com
As unbelievable as it may sound, Robert Shiller has devised a way to spend a huge chuck of government money to get us out of the recession without increasing the deficit. He calls it his “tax and spend” scheme. Technically it…
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The more common approaches to tackling the crisis in the U.S. have already failed. The article presents a very interesting, out of the box, solution. But the question remains, that despite Buffett and several others willing to take the extra tax hit, will the administration raise taxes? Will the new tax be progressive?
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