Higher Taxes Promote Eating the Rich

Former vice president is one of many who don't get that tax hikes hurt workers.

By Dan Kennedy
Business & Media Institute

Is it possible to tax only the rich and leave everyone else alone?

I have met and talked with many politicians, mostly when they were out speaking for their suppers just as I was. I repeatedly spent backstage time with four former U.S. Presidents, policy wonks like Bill Bennett, military leaders like Gen. Colin Powell and even a couple flaming liberals including Mario Cuomo. Some smart, some not.

But never have I encountered any as obtuse and ignorant about business and economics as a former vice president from a Democrat administration who, out of courtesy, I won’t name. But you can guess. There aren’t that many of them. Fortunately. Read more.