Bohanon: Now to Tax You ‘Rich’ With Minimal Hissing
by Cecil Bohanon, Ph.D. The 17-century French finance minister Jean-Baptiste Colbert is reported to have said “the art of taxation is plucking the feathers from the goose with as little hissing as possible.” With this in mind consider a “rich” taxpayer that we’d like to pluck “just a little bit more.” Let’s set up a shill … Read more