Bookworm on Feb 11 2013 | Filed under: Taxes
Tweet My mother lives in a very nice retirement community. Typically for an affluent suburb, the residents are rich and white, while the employees are low-income and represent a variety of races (white, Asian, black, and Hispanic). They’re not downtrodden employees. Many have been there for decades and have strong bonds with the elderly in [...]
Bookworm on Apr 19 2008 | Filed under: Uncategorized
Tweet Sin taxes: the unusually high taxes we impose against disfavored activities in the hope that, if the activity becomes way too expensive, people will think twice about engaging in that particular sin. Cigarettes and alcohol are the two major targets of sin taxes. In California, in 1998, California voters passed Prop. 10, a sin [...]
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