Mark Littlewood comments on the BBC News website
In the article Mark argues that Oxfam is becoming obsessed with the rich rather than the poor. Higher taxes and redistribution will do nothing to help the poor; wealth is not a fixed pie. Richer people are also highly taxed people – reducing their wealth won’t lead to redistribution, it will destroy it to the benefit of no one.
Read the full article here.
Further IEA Reading: Never Mind the Gap