Economics
Left, Right Can Love Tax Plan: Laurence Kotlikoff, Andrew Weiss
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Malcolm has $30 billion, a passion for steaks, and a plan to buy 3 billion steaks for $10 each on his next birthday.
But an election is coming, pitting Lefty, from a blue state, against Righty, from a red state. Lefty hates the rich and wants to levy a 15 percent wealth tax. Righty loves the rich and wants to levy a 17.5 percent sales tax.