3 ms·
As part of my senior thesis years ago, I did an econometric model/analysis that sought to explain inequality as proxied by difference between mean wages of the
by tjpaudio 9y ago
As part of my senior thesis years ago, I did an econometric model/analysis that sought to explain inequality as proxied by difference between mean wages of the bottom 90% of earners vs the top 10%. Times where the amount of estate tax collected per capita was highest highly correlated with the lowest periods of inequality by this measure. Trashing the concept of estate tax on the premise that it is hard to enforce is a bad idea, we should focus our energy on how to better implement it.
- jtbayly 9y agoWas it correlation or causation?