May 13, 2011

SO I JUST NOTICED THAT LAST WEEK THEY WERE TALKING ABOUT my proposed 50% surtax on government officials’ post-government incomes over at TaxProf. To clarify, when I said “government officials” I meant political appointees and agency heads. So, for example, FCC Commissioner Meredith Atwell Baker, who approved the Comcast merger and then took a lucrative job at Comcast would pay a 50% surtax on the amount Comcast pays her over and above her FCC salary. Some have suggested that the number should be higher — 70%, say — but that’s okay. I’m not wedded to 50%.