Aug 14th, 2010 5:38pm

Robert Reich: Forget a Double Dip. We’re Still in One Long Big Dipper.

Also: To put more money in consumer’s wallets, eliminate payroll taxes on the first $20K of income (and make it up by applying payroll taxes to incomes over $250K.)

— that’s how the tax system should have been set up to begin with. If the lowest percentile can keep every cent they make, there’d be less need for welfare and far less tax cheating at the bottom. Tax cheating could go back to being a sport of the very rich.

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