dennisbmurphy
1 min readJul 14, 2020

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Despite France’s issue, this entire post including the arguably demonstrably false Laffer curve is simply rehashed supply side voodoo economics

The solution is to:

  1. return to solid progressive taxation with higher percentage on marginal top end like we had before Reagan
  2. clean up tax code loopholes
  3. Scale the progressive tax tables to inflation so we avoid bracket creep when inflation in increases.
  4. Finally crack down on the financial sector with a new Glass-Steagall for the 21st century

It is NOT a coincidence that with the flattening of the tax tables combined with financial deregulation has led to higher income inequality, smaller pie for the middle class, and speculative bubbles

It is NOT a coin

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dennisbmurphy
dennisbmurphy

Written by dennisbmurphy

Cyclist, runner. Backpacking, kayaking. .Enjoy travel, love reading history. Congressional candidate in 2016. Anti-facist. Home chef. BMuEd. Quality Engineer

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