San Francisco’s modified version of a wealth tax will lead to diminished revenue as more businesses leave the city, and even more on top of that as new businesses seek a more friendly neighborhood in which to start. Income inequality is not solved by making poor people poorer, or by making them unemployed. Read more at National Review.com
My latest at National Review: San Francisco Puts Another Nail in Its Own Coffin
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Trump Presidency: A Final Assessment, and the Path Forward
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