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 [...]
Posts Tagged ‘wealth tax’
Would You Accept A Wealth Tax?
Posted by Tom Lindmark on July 11th, 2009
Felix Salmon at Reuters has a post up this afternoon that asks why the Wall Street Journal is referring to the proposal to place a surtax on various levels of income as a wealth tax. He contends it’s an income tax and I would have to agree with him. I don’t know why the WSJ [...]

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