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Tag: Paul Campos

Why Do Extremely Wealthy People Hate the Idea of Higher Marginal Tax Rates?

As I write this, Howard Schultz, billionaire and former CEO of Starbucks, is mounting an independent campaign for the presidency of the United States. And he seems to be running for that office because he’s horrified at the idea of paying a higher marginal tax rate on the part…

Why I Get Nervous about Importing Ideas from the For-Profit Sector

The Obama administration recently banned ITT Technical Institute schools from accepting new students who receive federal loans or grants. Since ITT relies on that federal money for about 68% of its revenue, this could end up forcing the closure of one of the largest for-profit college chains in the country. This…

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