Frank, Robert H., “Hey Big Spender: You Need a Surtax,” The New York Times, 03/21/10

“…In the long run, these deficits will impoverish our grandchildren, just as the deficit hawks assert.  But an effective remedy is at hand. A simple revision to current tax policy could spur an immediate burst of nongovernment spending that would help restore full employment without adding to the deficit. And this same revision would simultaneously create a relatively painless new revenue stream that would help balance future budgets.  What I have in mind is a surtax on extremely high levels of consumption. It would be enacted right away, but not take effect until unemployment again fell below 6 percent.”