Dissent Of The Day

A reader writes:

Did you really just argue that raising marginal tax rates by 12.4% on anyone making over $106,800 is merely "the closing of a silly loophole"?  Wow.  I'm all for closing tax loopholes, but across-the-board marginal rate increases are only loophole-closers in a world where you assume all money belongs to the government. 

This type of revenue raiser has serious detrimental consequences for labor supply and therefore for economic growth.  And you also call it "basically a big...