Generally support has grown among the rich for a tax on wealth. But a CNBC poll found that millionaires support a wealth tax, so long as they are not personally affected....
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When your big question is 'How do we limit the amount of rich people?', you reach for socialism. When your big question is 'How do we limit the amount of poor people?', you reach for capitalism....
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The purpose of taxation is not to bash the rich but to raise revenue to pay for government functions. Minnesota should repeal its estate tax....
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Businesses are being squeezed out by minimum wage hikes and rising crime. ...
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In the third quarter of 2019 Minnesota's economy grew at an annualized rate of 2.0% compared to a national rate of 2.1%. It was the fourth consecutive quarter that our state's GDP grew at a slower rate than that of the United States generally and ranked us 27th out of the 50 states and D.C.....
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Research finds "a significant negative relation between the amount of the net (after-tax) salary cap represented by the personal income tax rate of the teams’ home states and the success of the teams"...
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Even in French, taxes are incentives and if you change the incentives you change behavior....
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This column, by American Experiment Chairman Ron Eibensteiner, appears in the new Winter 2020 Issue of Thinking Minnesota. Progressives these days like to disparage American business owners—the job-creating heroes who maintain the economic foundation upon which our exceptional state and nation have been built. We all read how liberal politicians trash American capitalism as a never-miss applause line in their stump speeches. Businesspeople exploit the poor, they say, usually with racial undertones. They hoard their wealth while depriving their employees of a livable wage and minimal health care benefits. And they scorn concerns about energy or the environment. They’re rich, for crying...
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A new study on the effects of the minimum wage can be read one of two ways thanks to a questionable methodology. ...
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When policymakers impose regulations in the name of something like fighting climate change, they are sacrificing affordable housing in pursuit of that goal. Too often, rather than admitting this, they blame the 'free market' for the costs of their actions. ...
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