Why progressive policies always fail

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Much has been made lately of those whose income is in the top 1 percent, who supposedly don’t pay their “fair share” of taxes. They have been denounced as close to common thieves. But think of the gains that they generate for others. We have rigged our tax policies so that, depending on the year, close to 40 percent of the income tax revenue comes from the 1 percent of the population that controls 20 percent of the wealth.

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