Ryan Chittum: Zombie Lie Laboratory Creates 62 Percent Tax Rate Plan
Ryan Chittum on Stephen Moore:
Zombie Lie Laboratory Creates 62 Percent Tax Rate Plan : CJR: Stephen Moore of The Wall Street Journal editorial board hacks out an instant classic on how to mislead people with numbers. The question-as-headline is your second red flag that this just might be a deeply disingenuous op-ed (the first is that it’s on The Wall Street Journal op-ed page):
A 62% Top Tax Rate?
The top marginal tax rate is just 35 percent now, of course. So how does Moore come up with the idea that Obama and the Democrats are pitching a 62 percent tax rate for the rich? Disingenuously...
There probably will still be a Wall Street Journal editorial page in five years, alas...