Donald J. Boudreaux, professor of economics at George Mason University, asks thirteen very interesting questions in his essay And the answer is? One might contemplate these questions as we enter 2012. Below are several of the questions as well as the link to the entire TribLive [Pittsburgh Tribune] column/essay:
“Why do so many "progressives" believe that higher marginal tax rates on incomes will not dampen workers' efforts to earn income, but that higher marginal tax ("tariff") rates on imports will dampen importers' efforts to supply imports?
Why do so many "progressives" who preen publicly about their magnanimity toward the poor want to prevent foreign workers -- most of whom are far poorer than is any American -- from bettering their lots by competing freely against relatively rich American workers?
In the same vein, why do so many "progressives" -- nearly all of whom seem to regard differences in income earnings across workers to be an Olympian injustice -- support protectionist policies that artificially enhance the incomes earned by relatively rich American workers by artificially reducing the incomes earned by much-poorer foreign workers? Why is this greater income inequality of no concern to "progressives"?
Why are "progressives" madly obsessed with inequality of incomes but not with inequality of work effort, risk taking, prudence, courage, honesty, integrity, ambition and dedication? Monetary incomes, after all, are largely a result of the application of these qualities: Those who apply more of these qualities to their lives and careers generally earn higher incomes than are earned by those who apply fewer of these qualities to their lives and careers.”