Wednesday, December 07, 2011

Income Inequality

An interesting take.

Their long preoccupation and lately all-consuming obsession with inequality expresses itself almost entirely as zeal to raise taxes on the rich. In that regard, as I say, the US is not much out of line by international standards--and higher taxes on the rich anyway do nothing to relieve poverty, where the US really is out of line.


One thesis could be the preoccupation with income inequality isn't about helping the poor, but rather a class war between the top 2% versus the top 10%.

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