Rather than Helping the Poor, Higher Tax Rates Redistribute Rich People

Reblogged from International Liberty:

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Daniel Hannan is a member of the European Parliament from England. He is one of the few economically sensible people in that body, as demonstrated in these short clips of him speaking about tax competition and deriding the European Commission's corrupt racket.

And as you can see from his latest article in the UK-based Telegraph, he's also very wise on issues of…

Read more… 572 more words

Rather than come up with sensible tax policy, the progressive politician's answer to people relocating to more tax-friendly climates is likely to be something desperate and clutching -- such as an "exit tax." You laugh, but some activists in California have already tried.

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