The Cart Blog

Saturday, May 10, 2008

Can we please have an adult conversation about the payroll tax?

Filed under: Economics,Taxes — thatsoftwareguy @ 4:45 pm

Larry Kudlow, recently named the stupidest man alive by Brad DeLong, never tires of saying that it’s unreasonable that wealthy people like him should have to pay the same percentage of their income in payroll taxes that working stiffs do. Kudlow marshals a number of inane arguments, among them that blue collar couples frequently make $200K/yr (huh??) — but the most irritating part of this discussion, at least to me, is this bizarre criticism of Obama’s social circle, for heaven’s sakes:

(Incidentally, I don’t think Mr. Obama knows any cops or fireman. How about that? That is the problem. In other words, his economics are bad and his social circle is very limited.)

I think it’s vulgar to cast asparagus at someone’s social circle. If “his economics are bad,” then let’s discuss that,  and not who’s in his address book.

And while I’m on the topic, could we please have a rule that members of the global elite are not allowed to complain that other members of the global elite are elitist? It’s just too much for me to take.

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