Whenever I hear politicians or social theorists decry income inequality, I always want to ask them how they think “income equality” could be achieved. As far as I can see, the only way to accomplish such a thing would be for the government to confiscate 100% of everything that everyone earns, and then write a check for an identical amount to every citizen. Not even the most left-wing politicians would be reckless enough to advocate that publicly, so they cook up alternate schemes to accomplish the same thing without resorting to such drastic measures as cold-turkey collectivization.
Progressive taxation is their favorite ploy, mostly because it’s so popular with people in lower tax brackets, and even more popular among people who don’t pay taxes at all. (Incidentally, progressive taxation is also completely unconstitutional, since it violates the guarantee of equal protection of the law, but that’s a subject for another column.) The money thus taken from higher earners can then be distributed to lower earners and non-earners through a mind-boggling array of income transfer programs. Although these schemes have proven depressingly effective at vote buying, they have utterly failed at the goal of eradicating “income inequality.” Continue reading








