The Real Beneficiaries of the Death Tax

The Real Beneficiaries of the Death Tax

Who benefits most from the death tax? There are two obvious answers. First, politicians presumably benefit since they get more money to spend. Yes, it’s true that the tax discourages capital formation and may actuallylose revenue in the long run, but politicians...
A Modest Proposal to Reduce Income Inequality

A Modest Proposal to Reduce Income Inequality

In 1729, Jonathan Swift authored a satirical essay with the unwieldy title of A Modest Proposal for Preventing the Children of Poor People From Being a Burthen to Their Parents or Country, and for Making Them Beneficial to the Publick. He suggested that the destitute...