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We need to lower tax rates for everybody, starting with the top corporate tax rate. We need to simplify the tax code. The ultimate answer, in my opinion, is the fair tax, which is a fair tax for everybody, because as long as we still have this messed-up tax code, the politicians are going to use it to reward winners and losers. ↗
My closest friend, who died not long ago, is buried near Marx's grave in Highgate cemetery, so I see the gaggle of admirers laying roses at the foot of his tombstone regularly. I have never been tempted to leave flowers there myself. Great theories, shame about the practice. Marx did many things. But inventing class was not one of them. ↗
An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers. ↗
