Quote of the Day

TaxProf Blog quotes a Wall Street Journal op-ed by Stephen Moore and Richard Vetter as follows:

The conclusion is nearly inescapable that liberal policy prescriptions—especially high income-tax rates and the lack of a right-to-work law—make states less prosperous because they chase away workers, businesses and capital.

When politicians get fixated on closing income gaps rather than creating an overall climate conducive to prosperity, middle- and lower-income groups suffer most and income inequality rises.

How absolutely ironic. As we have written on various occasions, socialism is not a way to share the wealth, it is a way to share the poverty. N.B., only those who've taken holy orders wish to share poverty.