A Tax Is a Tax Is a Tax
28th June 2012
Larry Kudlow points out some inconvenient truth.
Of course the stock market dropped about 130 points. Twenty new or higher taxes across-the-board are bad for economic growth, bad for job hiring, bad for investors, and bad for families.
A tax is a tax is a tax, according to Judge Roberts. But he forgot to say that if you tax something more, you get less of it.
June 28th, 2012 at 12:52
So we should tax billionaires more, and we’ll have fewer of them. (We won’t have fewer rich people, but those we have will have less.)
Maybe then they won’t exert so much undue influence on the political process.