Too much wealth?
…addressing the issue of wealth–what is rich, who’s rich (Jan. 7, 2010), and what are we doing about it. One of my frequent readers, Peter Pappas, didn’t much like my…
…addressing the issue of wealth–what is rich, who’s rich (Jan. 7, 2010), and what are we doing about it. One of my frequent readers, Peter Pappas, didn’t much like my…
…the rich get richer, faster. The poor stagnate or get poorer, faster. Ditto total wealth (though that effect is more muted). The opposite is true with downward redistribution; as it…
…policies through the rich. Ultimately the rich decide what to do with the money, such as investing overseas or increasing their own capital share of national income. The rich defend…
…by promising higher taxes on the rich and lower taxes for everyone else. I think that few voters buy the Republican line that Republicans cut taxes for the non rich….
…stress the tax cuts for the non rich and that higher taxes on the rich are, unfortunately, necessary if we are to have lower taxes on the non rich without…
…easy target for those who hate it. Their conclusion is that “society” should raise the taxes of the rich to pay for YOUR retirement. The rich won’t let that happen….
…for even more tax cuts for the rich, elimination of the estate tax paid by the rich, and “corporate tax reform” so that the corporations mostly owned by and benefiting…
…the tax cut for our rich dude times (MPC-rd minus his marginal propensity to import). If this rich dude takes his trophy wife to Rodeo Drive to spend $1800 on…
…how ineffective active management strategies can be. It is also true that he got richer by being rich. If one has immense piles of cash under management, one can make…
…don’t understand that “the rich’ resent paying for their (the people’s) personal expenses, they are happy to let the rich pay. Until the rich decide it’s time to stop paying….