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 [...]
Tag Archive 'Sin Tax'
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 [...]