Stories >> Economics

Allison Schrager: Wealth Taxes Have Always Been a Terrible Idea

A rash of new proposals by US states reveal the folly of tax-the-rich schemes, which are wasteful, damaging to the economy and almost impossible to execute fairly. There is a good reason we don't tax wealth directly. Actually, there are many good reasons. But that's not stopping some states from giving it a try. The best thing to be said

Click to Link

Posted: February 2, 2023 Thursday 06:00 AM