John McClaughry: Debate over income inequality hinges on what s counted vtdigger.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vtdigger.org Daily Mail and Mail on Sunday newspapers.
The evil of “inequality” has always been a rallying point for advocates of socialism. In 2013, the publication of “Capital in the Twenty-First Century” by French economist Thomas Piketty stimulated
The evil of “Inequality” has always been a rallying point for advocates of socialism. In 2013 the publication of Capital in the Twenty First Century by French economist Thomas Piketty
A new book challenges false narratives and skewed statistics that make the income prospects of Americans appear worse than they are. We must get our facts straight before we can implement better policies and eliminate a key obstacle to real progress: government-sanctioned disincentives to work.
It's true: In the 1950s and early 1960s, the top federal personal income tax rate in the US was a shocking 91 percent.
But how many of the 71 million tax filers actually paid taxes at the top rate? We have the answer.