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Setting the squawkers straight.(THE TAXONOMIST)

American Prospect, The,  November, 2005  by McIntyre, Robert S.

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"WE HERE AT SQUAWK BOX HAVE BEEN CAMPAIGNING for politicians to 'give back their pork' to help pay for Hurricanes Katrina and Rita. Our next guest offers up another possibility. He says we should consider following the path of President Lyndon Johnson. In 1968, LBJ enacted a one-year, 10-percent income-tax surcharge to help pay for the cost of Vietnam, a colossal example of bad timing.

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Joining us now live from Washington, Robert McIntyre, director of Citizens for Tax Justice. Robert, good morning. Uh, you know you're not going to get a lot of people to say, 'Yeah, I want more ...

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