What’s Wrong with a Tax on Wealth?

by Pejman Yousefzadeh on January 17, 2012

Class warfare sounds like a really wonderful idea . . . until you are confronted with an inconvenient set of things called “facts.” Which Richard Epstein provides. (Via Don Boudreaux.)

No excerpts; just read the whole thing, which is well worth your time. On a related point, read Will Wilkinson, as he shoots very large fish, in a very small barrel.

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