Economists promote higher income tax for the rich
December 9, 2011 - 1:01pm
See it while you can, it's like a talking dog!
So yes, maybe we can raise taxes on the rich without triggering a plague of frogs or some other disaster.
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Make the rich bray!
As a bit of a additional support -
When you pay over $200,000 for a purse, you really have too much money already.
On economists' capacity to predict:
From the Canadian Press: "On balance, Canada posted an $885 million deficit in Ocgtober as exports fell to $38.4 billion and imports rose 2.3 per cent to 39.3 billion." Analysts had anticipated a much less rosy picgture than the favourable September balance, "but the correction was much sharper than expected. Economists had forecase a modest furplus of $700 million in October."
Auto products posted a four per cent increase from September "although the elevated level of the Canadian dollar likely kept producers from fully benefitting from strong U.S.car sales."
Likely! And maybe, someday from Canadian Press, an explanation for the "elevated" loonie.