Monday, September 20, 2010

The Price of Envy

Impact of the estate tax rate on growth and jobs.  This is just one model but it's probably reasonable.  Certainly these aren't wild numbers for a tax as distortive as the Estate tax.

Estate Tax
The question is this: How many people's futures must be extinguished to sustain a statistical prejudice?  We wiped out 10 million or so to push the cargo cult statistic of home ownership up three or four digits, so how much to push something called a "gini index"?  Equality is not a statistic or a quantum of money, but a culture.

What price envy?

No comments:

Post a Comment