This is what he thinks. Thanks for the fact check, Dr. Krugman.
This is what the real deal is: Make permanent estate tax with $3.5 million exemption and 45 percent rate. 2008 Presidential Candidates’ Tax Proposals (what a handy chart this is!)
The Mayerson verdict: Anyone who is heir to an estate worth more than $3,500,000.00 can afford 45% tax on the rest of it. Go out and earn back what you paid in taxes, you spoiled jerks. It’s good for you and the economy!
Is it November yet?