tag:blogger.com,1999:blog-5023447711864595497.post6201500695821045981..comments2011-08-19T08:56:38.719-04:00Comments on News Gangster: Obama's Debt "Reduction" PanelUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5023447711864595497.post-52020633324671543582010-05-06T16:53:23.695-04:002010-05-06T16:53:23.695-04:00Mankiw posted a good point the other day. Marginal...Mankiw posted a good point the other day. Marginal tax rates would have to increase 40% across the board to get us to the aimed for level of debt. <br /><br />I'm personally in favor of a combination of cutting spending--mainly in defense--and revenue increases--carbon taxes or cap and auction, VAT's, a gas tax, and increases in income taxes.Anonymousnoreply@blogger.com