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The Redistribution of Wealth and John McCain

By Henry L. Chambers, Jr.

As we reach the final stages of the presidential campaign, John McCain has begun to call Barack Obama a redistributor of wealth.  McCain presumably means that raising taxes on some, e.g., those making more than $250,000, and lowering taxes on others, e.g., those making less than $200,000, is a redistribution of wealth.  This is nonsensical based on [...]

Full post as published by Essentially Contested America on October 29, 2008 (boomark / email).