Punching the Golden Goose

Many people don’t understand why taxing the rich leads to a better economy, even with someone as savvy as President Obama pushing the idea.

You could just look to the 1990s: Taxes on the rich were higher, and the economy was booming. That’s a pretty strong correlation — and as they say in scientific circles, “Correlation is sorta like causation.”

But to see why taxing the rich boosts the economy, remember the story of the goose that laid the golden eggs.

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