Social justice advocates argue that it is “society’s” duty to eliminate pain and inequality wherever and whenever it exists. What is interesting is that I have never met Mr. Society.
The top or bottom 1/5/10% by income, just like the top or bottom income quintiles, are never the same people from year to year, because there is constant, dynamic turnover as we move up and down the income categories.
The relative worth of a dollar is dependent on a range of factors that vary from state to state.
As I was walking around the waterfront in Vancouver, I noticed some beautiful yachts. I took a picture with the largest, dreaming about how nice it would be to have one of my own. After my walk, I returned to my hotel room, scrolled through the television channels, and stumbled across the show Secret Lives […]
The New York Times came out with an article last weekend claiming how much good raising taxes on the country’s wealthiest could do: [W]hat could a tax-the-rich plan actually achieve? As it turns out, quite a lot… the government could raise large amounts of revenue exclusively from this small group, while still allowing them to […]