Alan D. Viard (American Enterprise Institute) has published The Case Against the Millionaire Surtax, 125 Tax Notes 1355 (Dec. 21, 2009). Here is the abstract:
By increasing marginal tax rates at high income levels, the millionaire surtax in the House health care reform bill would promote tax avoidance and impede savings and investment, reducing wages throughout the economy. Taxing a mere 0.3% of the population is not a sustainable way to pay for health care reform.
