This article was showing that there are good and bad ways for the wealthy to pay more tax. By taxing more on the rich seems fair as it was pretty much the same as paying the same tax percentage according to income. It seems reasonable as Warren Buffet point out that he should not pay a lower average tax than his secretary. The benefit of taxing more would allow the poor to save more incomes and spend more, which would help the economic. However, would rise the tax on the rich is the sole solution to the
This blog compiles the thoughts of UCLA undergraduates on the connections between economic history and current events. All contributors to this blog are enrolled in Ec183, The Development of Economic Institutions in the United States. The premise of this course is the history matters. The careful application of economic theory and quantitative reasoning can help us understand the past.
Wednesday, November 9, 2011
Hunting the rich
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