Contrary to assertions by populists of both left and right that the rich are under-taxed, the Austrian Economics Center finds that they pay a disproportion share of taxes based on national income. If anything, they are over-taxed… like everyone else.
Related Articles
DELINKAGE: CAN PRIZES REPLACE PATENTS FOR MEDICINE INNOVATION?
By Philip Stevens, Executive Director, Geneva Network Republished with permission of the Geneva Network. Original available here. The patent-based system of drug development comes under further pressure from key countries aiming to increase access to medicines at a joint World Health Organization and Government of India meeting in New Delhi this week. […]
Greater price transparency will reduce medical costs
Price transparency is an obvious driver of effective market dynamics: the more buyers and sellers know about the actual cost factors underlying the prices of competing products and services, the better equipped they will be to compare their relative value (or lack thereof) and make […]
Brussels Losing Touch With Average Citizens
Per a Pew Research Center poll, many Europeans fear Brussels is losing touch with the needs of its citizens and fear for the region’s economic future. While Brussels is credited with promoting peace and prosperity, its “inefficient” and “intrusive” nature has cast a pall over the perception of economic well-being of most citizens […]