In the past 20-plus years, I’ve seen all sorts of arguments for class-warfare taxation. These include:
I suppose leftists deserve credit for being adaptable. Just about anything is an excuse for soak-the-rich tax hikes. The sun is shining, raise taxes! The sky is cloudy, increase tax rates!
But if there was an award for the strangest argument in favor of higher taxes, it would probably belong to a group of academics who have concluded that “progressive” tax systems make people happier.
I’m not kidding. There’s a new study making that assertion. Here are some passages from an announcement by the Association for Psychological Science.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 22nd, 2014 | John Ransom