It is now commonplace to criticize corporate CEOs within progressive political circles, so it is no surprise that San Francisco, one of the most politically progressive cities in the country, has proposed a tax on CEOs. But just not any CEO, only those with exceptionally high salaries compared with others in the company. Dubbed the “CEO Excessive Salary Tax,” the proposal would tax a company’s gross receipts depending on the difference between its CEO’s pay and the median salary of its workers.
My friend Alejandro Rodriguez, at Universidad del CEMA, sends the following report: Oops we did it again. Macri (the current president) lost in the open primary elections (all parties present their candidates in an open general election so it is like a very big poll).
Timothy Taylor, the Conversable Economist, posted today on some highlights from the late Uwe Reinhardt’s last book, Priced Out: The Economic and Ethical Costs of American Health Care. He, following the lead of the Milken Institute Review in its excerpt of the book, shows charts comparing the cost of various health care goods and services in the United States to the cost in other countries.
Hoover Institution fellow Bill Evers discusses a proposed California bill that would mandate high school students take ethnic studies as a requirement for graduation. But, the proposed curriculum for ethnic studies is extremely left-leaning and filled with cumbersome jargon that would become a vehicle to argue politics rather than critical thinking about race, ethnicity, and indigeneity.
It has become media orthodoxy to suggest that the era of US hegemony is slowly slipping away and migrating to Asia – with China as its locus – as we proceed into the heart of the 21st century. There is, however, a competing narrative, one recently expressed on ForeignPolicy.com by Michael Auslin, who makes the case that the “Asian Century” “is ending far faster than anyone could have predicted.”
As high school and college students prepare to head back to school, they’re set to enter a lion’s den of anti-American, leftist indoctrination. Here are eight books conservative students need to balance the fight.