Demowp

Tag: Income distribution

  • Pandering to the Taxpayers

    In every presidential election, office seekers elbow each other to position themselves as favoring tax breaks for the electorate. Kamala Harris raced in quickly with proposals for a tax break for the middle class and a tax deduction of up to $50,000 for new small businesses ─ two debt producing polices. To her credit, the […]

  • East or West? West is Best

    East or West? West is Best

    Konstantin Kisin emigrated to Britain in 1993 at age 11, to join the flood of Russian emigres, high and low, looking for a new life. Kisin is the usual: loves the West, hates the Soviet Union, hates Putin. Ironically, the best writing in this billet doux is Kisin’s depiction of the Soviet Union as genuinely socialist: health care, […]

  • The Battle for Income Equality

    Questioning the statistics in Thomas Piketty’s best-selling book, Capital in the Twenty-First Century, with intent to undermine his thesis, is futile. Even if Piketty’s alert that returns on investment have exceeded the real growth of wages and economic output, which means that the stock of capital is rising faster than overall economic output, is not […]

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