×
↓ Freedom Centers

Tag Archives: wealth


Nobody Is Pushing Thomas Piketty’s Policies to Combat Economic Inequality

By Michael Barone     •     RealClearPolitics

Money Hole TaxLast spring, you may remember, the French economist Thomas Piketty was all the rage in certain enlightened circles. His book “Capital” shot up to the No. 1 spot on bestseller lists, and many economists praised his statistics showing increased income and wealth inequality. Piketty argued that, absent a world war, returns to capital will exceed economic growth, inevitably producing growing inequality in the 21st century.

There are problems with Piketty’s — or anyone else’s — statistics. Reliance on U.S. income tax returns overlooks the fact that tax cuts encourage people to realize income and misses non-taxable income such as welfare and Social Security payments. Continue reading


Not a spending problem, but a “paying-for” problem?

Worse, a veiled liberal threat to correct what they deem a “misallocation of wealth.”

by Scott L. Vanatter

Over the past week liberal House and Senate leaders have spoken openly about how they see America’s spending problem. They don’t see it. They claim that we don’t have a spending problem.

First, Rep. Pelosi (D-CA) relabeled it as a “priorities problem.” Then, Rep. Hoyer (D-MD) redefined it as a “paying-for problem.” Finally, Senator Harkin (D-IA) revealed the usually hidden liberal designs on capital. He turned the equation upside down by describing problem of a lack of funds to pay for what we have spent, not because we do not have a budget, but because we have “misallocation of wealth problem.” Continue reading


WP2FB Auto Publish Powered By : XYZScripts.com