Class warfare as political policy negates the need to articulate limits, acknowledge tradeoffs, understand the process of wealth creation, or do real math that measures and acknowledges real costs and revenues.
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Kevin Williamson writes in National Review, Who Boycotts Walmart Excerpts: It is easy to scoff, but I am ready to start taking the social-justice warriors’ insipid rhetoric seriously — as soon as two things happen: First, I want to hear
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Do people mind more about inequality than poverty? from Matt Ridley at his blog The Rational Optimist Excerpt: If you measure consumption inequality, it is far lower than pre-tax income inequality, because the top 40 per cent of earners pay more
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From the Pittsburgh Tribune Review Donald Boudreaux writes Questions for redistribution’s proponents Excerpts: • Suppose that Jones chooses a career as a poet. Jones treasures the time he spends walking in the woods and strolling city streets in leisurely reflection; his
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Mickey Kaus writes in the Wall Street Journal, The Other Kind of Inequality. (may require a paid subscription to enact link) Excerpt: Social equality—”equality of respect,” as economist Noah Smith puts it—is harder to measure than money inequality. But the
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Donald Boudreaux wrote an excellent piece Questions for redistribution’s proponents: A few gems: • While Dr. Smith earns more money than does poet Jones, poet Jones earns more leisure than does Dr. Smith. Do you believe leisure has value to
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Scott Grannis posts in his blog, Calafia Beach Pundit, Tax Shares Update: In 2011, it took $389K or more of adjusted gross income to make it into the top 1% of income earners, and they paid 35% of all federal income
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Economist Mark Perry analyzes why the disappearing middle class is not necessarily a bad thing. It is because they are entering the upper class , not because they are falling into the lower class. From his post,Yes, the middle-class has
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We commonly think of a prejudice as “unreasonable feelings, opinions, or attitudes, especially of a hostile nature, regarding a racial, religious, or national group” but it can also mean “an unfavorable opinion or feeling formed beforehand or without knowledge, thought, or reason.” While the relatively wealthy are not specifically racial, religious or national by definition, the thought process behind the statements made belies a very similar
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In the discourse we now know as the class war, we see some of the same characteristics of prejudice applied to economic classes. We see the rich demonized. All of the wealthy are held accountable for the behavior of the
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Jeff Jacoby adds to the class warfare debate in ‘The defining issue of our time’? Hardly, in The Boston Globe, 5/6/12. Excerpts: But what Americans honor is equality in the eyes of the law, political equality — not equality of
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Scott Grannis writes in his blog Calafia Beach Pundit, Effective Tax rates are Highly Progressive, 1/19/12.
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William McGurn writes in the Wall Street Journal Taxing Kim Kardashian (12/27/11). His article is about a class warfare activists group pressuring Kim Kardashian to pay more taxes than is leaglly required and to support a higher tax on the wealthy. Excerpt:
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Any business that has survived the past few years knows something about balancing a budget. When the depth of the recession hit in 2009 and in many cases, especially the construction industries, sales volume dropped 50% or more there was
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With corporate jets becoming the intentional focus on the class warfare debate, and being used as an example of a glaring need to raise taxes, it may be clarifying to examine exactly what they are talking about. Commercial air carriers
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The bitter and partisan debate on extending the Bush tax rates was another manifestation of the debate on the inequality in the distribution of income and wealth in our country. There are those who contend that our inequality is making
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The March 2006 Washington Post editorial that claimed real median wages had fallen for 25 years also concluded that “the rising tide helped only workers at the top [ 10 percent].” In 2003, a New York Times journalist likewise wrote,
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Randall Hoven writes in American Thinker, Class Warriors Got What They Wished For that the Class Warriors have created a great contradiction; they wish both for a more progressive tax system and for less income disparity or fewer wealthy. Yet
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