How To Really Soak The Rich

Writing on the myth that tax increases on the rich are capable of solely solving our deficit issues, David Schuler raises one of those uncomfortable questions:

If the class warriors were really serious, we’d be hearing more about taxing wealth (did you know that France has a wealth tax?) rather than taxing income. Funny how all those millionaires in both parties in the Senate never seem to raise the subject. If they did I’m sure the screams would be heard from here to Reykjavik.

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