Tag: income tax
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Mankiw’s Right: Money’s Not the Incentive
Subtitle: Pipe Dreams Greg Mankiw makes more than a quarter-million dollars a year. We know that, because he's expecting to pay the 2-4% payroll tax surcharge under Obama's tax plan, on any extra dollars he earns. He's also planning to leave his children more $3.5 million dollars (the current inheritance tax exclusion) when he dies.…