James R. Rogers on the newest sin tax :
Basically, Altman proposes higher income tax rates as a sort of sin tax on people who earn higher incomes. The irony is that Altman next proposes increased investment in education to help reduce income inequality. While one can argue about the specifics of education policy, Altman’s proposal here at least has the benefit of aiming to reduce inequality by increasing the wages of low-paid workers.
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