Good insight, now follow it further…
Reader comment on: Endowment Tax
Submitted by Adam Wildavsky (United States), Nov 2, 2017 09:03
Yes, universities can be economic growth engines, but so are many individuals. If we wanted to encourage those who help society most we would tax the rich less, not more. See, for instance, Dr. Harry Binswanger channeling Ayn Rand here:
Give Back? Yes, It's Time For The 99% To Give Back To The 1%
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