The president of the American Enterprise Institute, Arthur Brooks, has a piece in the New York Times usefully characterizing as "envy" some of the obsession with income inequality. My quibble is that along the way Mr. Brooks endorses an expansion of the earned income tax credit, without providing detail about how much he would expand it, how he'd propose to pay for such an expansion, why the redistribution of the credit is just, or how he would avoid the perverse incentives of the credit's phase-out.
Arthur Brooks on Envy
https://www.futureofcapitalism.com/2014/03/arthur-brooks-on-envy
![]() |
![]() |
![]() |
by Editor | Related Topics: Income Inequality, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list