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The Class War We Need [U.S.]
Saturday, July 17th, 2010
July 11, 2010
The rich are different from you and me. They know how to game the system… The left-wing instinct, when faced with high-rolling irresponsibility, is usually to call for tax increases on the rich. But the problem, here and elsewhere, isn’t exactly that we tax high rollers’ incomes too lightly. It’s that we subsidize their irresponsibility too heavily — underwriting their bad bets and bailing out their follies. The class warfare we need is a conservative class warfare, which would force the million-dollar defaulters to pay their own way from here on out.
Tags: ideology, standard of living, tax
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