By William R. Collier, Jr. In “The Rich In Public Opinion“, Dr. Rainer Zitelmann lays bare that raw bigotry that threatens to poison the well for everyone who aspires to a better life. We might call this the all-out assault on the very premise of capitalism and its impressive success in moving humanity toward […]
Tag: wealth
The Psychology of the Super Rich
By Rainer Zitelmann, TES Contributor There are masses of books on how to get rich. But most of them are straightforward “how-to” books that readers should approach with a degree of skepticism for several reasons: If the authors of the books claim to know exactly how to become rich, it goes without saying that […]
What Life Would Be Like on Planet Bernie
Tom Schatz, President, Citizens Against Government Waste In a galaxy not too far away and a little too close to Earth lies Planet Bernie. Everything is free from birth to death. There is a government program for education, medical care, housing, and retirement, all 100 percent guaranteed and paid for. No one […]
Global wealth inequality fell over last two decades
“Global wealth inequality has declined since 2000” Jørgen Sloth and Thomas Due Bostrup, courtesy of CEPOS Summary and commentary This analysis is about the evolution of global inequality. Among other things, it shows that wealth inequality has decreased over the past 20 years. Thus, the richest 10 per cent share of global wealth has fallen […]
Yes, the rich do pay their fair share of taxes
“The Myth That the Rich Don’t Pay Their ‘Fair Share’ of Taxes” By Gary M. Galles, courtesy of the Foundation for Economic Education Elizabeth Warren and Bernie Sanders have led the charge to add many zeros to what some Americans should be given at others’ expense. As a result, they have doubled (or […]
Warren’s wealth tax is a disaster (and disingenuous too)
“Warren’s Wealth Tax Only Makes Sense if the American Dream is Dead” By Michael Schultz and Veronique de Rugy, courtesy of the Mercatus Center Who wants to be a millionaire? Everyone. Who should be a millionaire? No one. That at least seems to be the underlying aim of Sen. Elizabeth Warren’s […]
No, taxing the rich really doesn’t work
By Nicolas Lecaussin, courtesy of IREF and Contrepoints California is becoming the new France. Here we prefer the poor to the rich, and we do everything to tax and punish the well-off. Except it turns out it doesn’t work in California either — in fact it even has the opposite effect. In 2012, […]
Don’t let protests obscure Chile’s triumph
“Chile’s Success Story Is Difficult to Deny” By Ian Vásquez, courtesy of the Cato Institute Weeks after a 3.75% rise in metro fares in Santiago, Chile sparked violent protests by a small group of students that then generated more widespread disruption, mostly peaceful mass protests continue. Some observers have seized on the political […]
Raise the inheritance tax threshold to £1 million
“Raise the inheritance tax threshold to £1 million” Duncan Simpson, courtesy of Taxpayers’ Alliance If the inheritance tax threshold was increased from £325,000 to £1 million, almost 25,000 fewer families would have to pay the hated death tax across this year and next. The government would still be raking in £7 billion […]
Healthy tax competition is possible and needed
“Principled Tax Competition” By Daniel Bunn and Else Aken, courtesy of IREF The structure of a country’s tax code is an important determinant of its economic performance. The Tax Foundation’s International Tax Competitiveness Index has ranked OECD countries’ tax systems for the last six years, and every year Estonia has been the number one country […]