Taxing the rich, only different

Nathan Cullen has quibbled with Brian Topp’s tax proposals, but Mr. Cullen’s plan is rather similar.

Mr. Topp proposes to tax those earning more than $250,000 at a rate of 35%. Mr. Cullen proposes to tax those earning more than $300,000 at a rate in the "low 30s."

Mr. Topp proposes to raise the corporate tax rate to 22.12%. Mr. Cullen proposes to raise the corporate tax rate to 20%, except for oil and gas companies, which would be taxed at a rate of 25%.

Mr. Topp adds two measures which apparently aren’t in Mr. Cullen’s plan: taxing capital gains (with two caveats) as ordinary income and taxing income from cashing in stock options at the full rate.