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Author: jwelcome

What’s the Point of a Wealth Tax?

Album / Metropolitan Museum of Art, NY The Wall Street Journal catches up today with the lastest fad among Democrats: taxing wealth, not just income. But conservatives aren’t sold: Many conservatives argue that taxes targeted at the rich could hinder investment in ways that would hurt everyone’s wages and discourage the creation of wealth in…

Hiding Our Problems Is No Way to Solve Them

Douglas R. Clifford/Tampa Bay Times via ZUMA New York City has a problem. It sponsors lots of selective classes for gifted children, but these classes are predominantly white and Asian, with very few black and Hispanic students. There are lots of things you could say about this state of affairs, but I really don’t think…