Reason.com
Letters
(Page 3 of 3)
Frank might respond that taxing everyone in a given cohort the same will leave them in position to compete on equal grounds. Thus progressive taxation would leave less money available for all competitors, which would be a positive good for Frank to the extent that consumption is bad. That reply would miss the force of the objection. At all levels of income, less income would enable less consumption competition. Unless Frank can provide a good reason why competition among the superwealthy is worse than that among those with moderate incomes, he no longer has a good theoretical basis for progressive taxation.
By overlooking this dramatic implication of the relative position argument, Hirshleifer misses an opportunity to put Frank's thesis to good use.
Mark Chenoweth
Chicago, IL
mschenow@midway.uchicago.edu
Related Articles (Deregulation, Economics, Radio)
- Government Beneficiaries and Other Fairy Tales, Sheldon Richman, May 26, 2012
- Is the GOP an Echo or a Choice?, Tim Cavanaugh, May 22, 2012
- America’s Small-Business Fetish, Veronique de Rugy, May 21, 2012
- Is There a Libertarian Case for Organized Labor?, Sheldon Richman, May 20, 2012
- Jerry Brown's Broken Budget, Steven Greenhut, May 18, 2012
Most Popular Stories
- Here Are the 15 Senators Who Voted to Stop Armed FDA Agents From Conducting Warrantless Raids on America's Farmers (Not One of Them is a Democrat) (5.24)
- When Government Privileges Trump the Rights of Citizens (5.25)
- 5 Classic Teen Sex-and-Drug Freakouts: Rainbow Parties, Butt-Chugging, And So Much More (By Which We Mean Less) (5.27)
- Is the Ron Paul the Best Hope for Progressives? (5.25)
- Do Organic Consumers Shop Exclusively at the Jerk Store? (5.26)
Reason RUPE: Public Opinion Survey
- Reason-Rupe: Wisconsinites Favor Increasing Public Union Retirement Contributions to Address Budget Deficit (5.25)
- Reason-Rupe Poll Finds Support for Public Union Reforms (5.25)
- New Poll: Obama Leads Romney In Wisconsin, But Gary Johnson Could Impact the Race (5.24)
- Wisconsin Recall: Walker Leads Barrett 50-42 Among Likely Voters (5.24)
- Reason-Rupe Poll: Walker Leads Barrett 50-42, Obama Leads Romney 46-36 (5.24)
advertisements
Get Reason E-mail Updates!
Manage your Reason e-mail list subscriptionsSite comments/questions:
Media Inquiries and Reprint Permissions:
(310) 367-6109
Editorial & Production Offices:
3415 S. Sepulveda Blvd.
Suite 400
Los Angeles, CA 90034
(310) 391-2245
Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment or disable your ability to comment for any reason at any time.
nfl jerseys|11.15.10 @ 2:17AM|#
mcjfhxrt