
Zohran’s Millionaire Tax Will Raise Revenue
Worries about an exodus of millionaires from New York City are not supported by economics.
Martin Bernstein is a PhD student in economics at Harvard University.

Worries about an exodus of millionaires from New York City are not supported by economics.

Redistributing income alone is unlikely to solve America’s vast inequalities. Workers need and want more power in their workplace and for the state to weaken the influence that corporations have over their lives.

Why the modern financial sector is better at extracting rents than funding the future.