Wolfowitz joins the American Enterprise Institute

Posted on

Paul Wolfowitz is to join the American Enterprise Institute, according to the FT. Having been drummed out of the World Bank for his unethical practices (or whatever lese you might wish to call them). I note that on the home page of that body there is right now reference to their publication on "the inefficiencies of raising taxes for the top 1-2 percent of taxpayers". The article argues that:

Economic analysis, however, shows that rate increases at the top are likely to impose significantly greater economic harm than other tax increases

Which just about says it all for his commitment to the poor, and his commitment to ensuring that the rich get richer.