Marking to market is a good idea, but beware of the unintended consequences of good ideas.
This article makes the same point, and many others (about Fannie and Freddie, about the repeal of Glass-Steagall), very well.
Effective tax rates for billionaires
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Here is the tweet, here is the source data.
The post Effective tax rates for billionaires appeared first on Marginal
REVOLUTION.
2 hours ago
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