Welcome back! I’m continuing a series on income inequality. In part 1 of this series, I argued that the fiscal conservative stance is an ethical stance, not simply an economic one. I argued that it does more harm than good. That is, fiscal conservative policies hinder the wellbeing of persons. In this post, I’m going to use quite a bit of data with two purposes, (1) I want to simply show how different democratic countries stack up with respect to many social goods, and (2) I want to convince you that inequality does more harm than good. (more…)
In Part 1 of the series on income inequality, I argued that being a “fiscal conservative” is a moral stance. One of the principles of fiscal conservativism says that we ought to balance the budget by cutting spending rather than raising taxes. In fact, a fiscal conservative will hardly ever encourage raising taxes.
The main reason a conservative doesn’t want to raise taxes is because she is opposed to redistributing wealth. We ought not take money from the rich, and just hand it over to the poor. (more…)