Investing for Non-Dummies
links for 2008-04-20

Stupidest Man Alive Nomination: Larry Kudlow

One would think that National Review would want to maintain a smidgeon of a reputation, and hence at least edit Larry Kudlow for his biggest howlers. But no.

Eschaton reader js informs Atrios of the stupidity:

Eschaton: Fixing the Internets: Larry Kudlow:

Uncapping the payroll tax reveals still another cultural misstep by Sen. Obama. He apparently has a difficult time understanding that nowadays, a veteran fireman or a veteran cop, married to a veteran schoolteacher, will make well over $100,000. In fact, they can make close to $200,000. Yet Obama still wants to go ahead and tax both the first and last payroll dollar of this group at a very high marginal tax rate by uncapping the Social Security (FICA) tax.

The FICA cap is an individual cap, unaffected by income earned/payroll taxes paid by your spouse.

Why oh why can't we have a better press corps?