Quote of the Day, 2008-10-28

by tgirsch

October 28th, 2008

hilzoy:

Look: socialism is a word that has a meaning. It means public control of the means of production. It does not mean taxing the top bracket at 39%. Likewise, “collective ownership” has a meaning, and it does not mean the situation that obtains when the government can repeal tax cuts for the top 5% of the population.

Categories: Economics, Politics, Taxes |

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