Originally Posted by
indy_93accordex
You realize that your list of economists are biased "Obama" supporters.
Students of the great "Milton Friedman" would never support such a laughable plan (attempting to have the top 5% pay more than 50% of all income taxes collected).
Under President Clinton, the top federal income tax rate was 42.5%
Under Bush's Tax Cuts, it was lowered to 37.9%
Now Obama wishes to eliminate Bush's 2001 Tax Plan (including estate taxes) and raise it to an absurd 47.7%.
You're attempting to change the goal posts. You said you "doubt that any reputable economist would approve Obama's tax plan", and I provided proof you were wrong. Unless you don't count Nobel laureate economists as reputable.
Then you called them Obama supporters, to which I say "duh". We have statistical data, provided by The Economist, that are members of the AEA are more likely to support Obama based on his economic platform.
Milton Friedman was an advocate of massive deregulation (we've seen how well that works) and was an opponent of public schooling. While he did have some interesting ideas was certainly brilliant, some of the things he was a proponent of would be dismal failures in practive.
And what's up with putting names in quotes. Are you being sarcastic? I don't get that...