Penn and Teller Explain Class Warfare

I’m fond of my video analyzing the problems with class warfare tax policy, and I’ve explained that higher tax rates on the rich will cause bad Laffer Curve effects because investors, entrepreneurs, and small business owners have considerable ability to change the timing, level, and composition of their income.

But if you want to enjoy a succinct video that captures the moral bankruptcy of Obama’s agenda of class warfare and redistribution, this Penn & Teller video is well worth watching. And sharing.

And if you want to see rich, pro-tax statists exposed as hypocrites, watch these ambush interviews by Michelle Fields (who also narrated a very good video explaining how government policy mistakes caused – and exacerbated – the Great Depression).

Authored By International Liberty

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