A Tax on Politicians' Memoirs?

http://www.futureofcapitalism.com/2009/12/a-tax-on-politicians-memoirs

Alvin Rabushka's suggestion that the proposal to tax banker bonuses be met with a proposal to tax professors was noted here earlier. Now a letter-writer to the Financial Times notes that the rationale for the bonus tax is to prevent profiting from the state's patronage or rewarding failure, and suggests that the same principle be translated into a special tax on the royalties (or advances) on the books written by politicians or governmet officials. Henry Paulson's book comes out February 1, so the tax-writers better move fast.

by Editor  |  Dec 22, 2009 at 10:53 am Related Topics:  Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list