Kenneth Scheve

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Warren Buffett’s voice has been one of the loudest arguing it’s time to raise taxes on millionaires and billionaires like him. Rick Wilking/Reuters

Are we ready to raise taxes on the rich? History says no

Kenneth Scheve, Stanford University and David Stasavage, New York University

Two centuries of tax policy show efforts to raise taxes on the rich hinge on questions of fairness. The history also suggests proponents have a tough road ahead.

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