Monday, April 18, 2011

Good Enough For The New York Times

I do wonder where Douthat gets his numbers, but in his world we're all a lot richer than we actually are. There's other wrongish stuff in the article but as if often the case with him, he builds wrong on top of wrong and it's not clear what he's actually saying. He also talks about "inflation and bracket creep" but most parts of the tax code (including brackets) adjust with inflation automatically.