Our Corporate Masters Above The Law

October, 2013

Regarding the reader who sug­gests in the May issue that we tax the rich at 90 percent: Suppose I earn $ 1 million annually and have all but 10 percent confis­cated by the government. I'd find a lower-paying job so I could still keep $100,000 but not work so hard. And suppose I earned my million by running my own com-pany. Too bad for my employees! I am confounded by the fact that statists, though they understand that taxing "sins" such as alcohol and tobacco deincentivizes the commiss...