Who Pays Wealth Tax: The Rich or the Poor?
Spain's government is attempting to levy a wealth tax ostensibly to be "in solidarity with the poor." Because wealth taxes ultimately help lower real wages, there will be more poor people to share in the "solidarity." Jesús Huerta de Soto, professor of economics at King Juan Carlos University, is…
#moneybankcredit #kingjuancarlosuniversity #austrianschooledwardelgar2008 #theoryofdynamicefficiency #aseniorfellowofmisesinstitute #jesúshuertadesoto #austrian #solidarity #spain #socialismeconomiccalculationandentr
