Doing the Minimum | No Mercy / No Malice
Taxpayers in the top 5 percent of income already pay for more than 43 percent of the U.S. government, and taxpayers in the top 1 percent pay for more than 27 percent; at some point, taking more resources from the wealthy yields diminishing returns. Many of the Obama reforms, including much of the stimulus bill, and the health care bill, redistribut
... See moreTyler Cowen • The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better: A Penguin eSpecial from Dutton
There are multiple ways to increase capital at the bottom of the wealth pyramid.(...)The first solution is some form of nationalism, where countries enact tariffs and attempt to bring all production back to the country instead of producing it overseas.(...)
Tim Robinson • Universal Basic Income is Capitalism 2.0 | TimJRobinson
The fact that many American companies are paying paltry wages to workers while lavishing cash on top executives and investors is no happenstance. It's a policy choice. In the United States we have a tax and regulatory environment that rewards that behavior. We can decide to maintain the status quo or change it.
Judd Legum • If the U.S. economy is doing well, why do so many Americans say it's terrible?
raising the minimum wage, expanding early childhood education, capping executive pay, strengthening unions, and increasing paid parental leave.