Taxing Wealth Is a Fool’s Errand ...Middle East

“TAX THE RICH,” blared the red lettering on the back of Representative Alexandria Ocasio-Cortez’s white evening gown at last night’s Met Gala, the word “RICH” lettered impudently across her rump. Yes, but how? The lead story in Tuesday’s New York Times—posted online at very nearly the same moment AOC was épater-ing the preposterously overfunded Anna Wintour Costume Center—would have you believe that taxing the rich isn’t worth a damn unless you tax wealth as opposed to income. “Facing the delicate politics of a narrowly divided Congress,” wrote the Times’ Jonathan Weisman and Jim Tankersley, “senior House Democrats … focused on traditional ways of raising revenue: by raising tax rates on inc

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Taxing Wealth Is a Fool’s Errand ...Middle East

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