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
Mining Could Be Key to Peru’s Economic Recovery
Posted on Author publisher
By Peruvian Institute of Economics (IPE) IPE projects that 2.3 million new jobs would be generated by projects identified in a new mining portfolio. The study “Contribution of Mining to the National Economy”, prepared by the Peruvian Institute of Economy (IPE), was presented as part of the “Road to the 14th Symposium of […]
Washington Beyond the Headlines: Time to Reopen Schools!
Posted on Author publisher
By Andy Blom, TES Washington Editor Washington is even more bizarre than usual as we write this week. Armed military sleep on the floors in the corridors of power and we’re impeaching a president no longer in office. Well, no matter how strange or silly the people in power get, free market thinkers and […]
Powell Signals Accommodative Policy, But Questions Remain on Inflation Targets
Posted on Author publisher
“Powell Reiterates Commitment to Accommodative Policy As Vaccinations Remain the Key to Recovery” By Marc Dupont, courtesy of the Mercatus Center As the virus-stricken U.S. economy transitions into 2021, many are just beginning to see the light approaching at the end of the tunnel. President Joe Biden was sworn into office on January 20, […]