(from the archive) Are We All Socialists Now?
7 November, 2008
By Bryan Lower
The Progressive Income Tax and the Redistribution of Wealth
After John McCain attacked Barack Obama’s comments about “spreading the wealth” as “one of the tenets of socialism,” (1) it may be useful to find out exactly what the hell he’s talking about. Has America gone socialist? Do we redistribute the wealth though the tax code?
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