Why High Taxes Benefit The Rich

World News

Why High Taxes Benefit The Rich

JOIN our PATREON page and help us explore the ideas of a free society. You will get access to exclusive videos, polls, Q&A’s, behind-the-scenes, Learn Liberty merch and so much more. Sign up on https://www.patreon.com/learnliberty/
When politicians raise taxes on the rich, what do the rich do to protect their $$$? This Prof. shows how high taxes actually made America less equal.

SUBSCRIBE: http://bit.ly/2dUx6wg

The Myth of Equality in the 1950s (video): Another myth of the 1950s is that there was economic equality. Prof. Brian Domitrovic explains why this is a myth. https://www.youtube.com/watch?v=wLl9wOivHdc
How Cronyism is Hurting the Economy (video): Prof. Jason Brennan explains why cronyism, like the tax cuts for certain businesses in the 1950s, is bad for the economy and argues why limiting the government’s power would help solve the problem. https://www.youtube.com/watch?v=gSgUENZ9O94
The Good Ol’ Days: When Tax Rates Were 90 Percent (article): Andrew Syrios compares the tax rates in the 1950s to those of the 1980s and today https://mises.org/library/good-ol-days-when-tax-rates-were-90-percent

For a full transcript please visit: http://www.learnliberty.org/videos/why-the-rich-like-high-taxes/

Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://www.learnliberty.org/.