Wednesday, November 21, 2007

Great Economics Professor


We Like This Guy
Walter Williams is probably my favorite columnist of all of the syndicated writers. His columns are less opinion and more hard data to support the truth (link) behind conservative politics.
His most recent column gives hard data to refute the claims of the left that President Bush's tax cuts help the rich while hurting the poor.
It is good to read and easy to understand.
This man writes on a highly intellectual level, yet he is still eminently understandable. According to his data, the top 50% of wage earners pay 97% of the taxes in this country.
If you are not good at math, that means that the bottom 50% income earners pay 3% of the taxes. That does not sound to me like a huge burden on the poor.
Read the article for yourself. The only way you will not be impressed is if you believe that he is lying about the figures, and I would not bet on that.
I wish I had the opportunity to study economics of the public and private sectors with this man. He makes it all seem so basic and simple.



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