The inequality and growth debate is a red herring. It just doesn’t matter. The problem is inequality, and its solution is simple.
Sales taxes — of whatever stripe — fall harder on poorer than richer customers. And they squeeze smaller retailers more than big ones.
How can sales of super-luxury cars grow at super-fast rates during a recession? The answer is simple: it’s not a recession for everyone.
Greed is not good, and high inequality is making all of us greedier than we should, or could, be.
Call it vote-buying if you want, but when a government effectively buys the votes of 80 or 90 percent of the population, I call that government of the people, by the people, for the people.
The corrupting influence of inequality isn’t confined to politics. It is everywhere.
Rising inequality is killing the dinosaurs – or at least what’s left of them.
How can things be so much worse now when the economy is essentially in the same place it was five or six years ago? The answer in two words is: Rising inequality.
Contrary to public perceptions, low-tax America has among the lowest rates of entrepreneurship in the world. Taxmaggedon would help most small businesses and begin to restore a sane level of taxation on America’s wealthy.
The reality is that High Occupancy Toll (HOT) lanes are exclusive – by design. If the so-called “Lexus Lanes” weren’t exclusive, they wouldn’t be hot.