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Compensation reform should be an excuse to introduce high marginal rates of income and wealth taxes - they work better than a cap on compensation.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Sun Sep 21st, 2008 at 05:17:33 PM EST
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