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Monday, January 6, 2014

Taxes

Econ Comments & Analysis                                                                                            
Washington Times | The folly of taxing the rich
Soaking the rich might make some people feel good, but going after “the rich” impoverishes everyone. The French never learned that lesson from their 18th-century outburst of envy that created widespread shortages and famine, and three centuries later, they have traded the guillotine for income confiscation.
AEI | Tax increases and the price level
The policy debate features considerable confusion about what kinds of tax increases may cause the overall price level to rise and the consequences of any such price increases.