The real question is not whether millionaires should pay more than the middle class, but whether they should pay more than they do today? Raising millionaires' taxes may seem fair--they can obviously afford to pay more. But, this policy has significant economic costs.

Karlyn Bowman is a senior fellow and Andrew Rugg is a research assistant at the American Enterprise Institute. The views expressed in this article are the authors' and do not necessarily reflect those of any other person or institution.

In this article, Bowman and Rugg discuss the public's opinion about...

If you want redistribution, you better first produce growth. Which the Obama Democrats' policies have failed to do.

Without a robust recovery to trumpet, the president is betting his reelection on class warfare — focusing on “income inequality” and “fairness.” Class warfare is not a winning strategy, but it is the only card Obama has to play. That’s the good news for Republicans. The bad news is: Right now, the GOP is blowing it.

While the United States consumes a disproportionate share of global resources devoted to medical care, this global share is shrinking.

The Occupiers are right about American incomes: They've definitely grown more unequal. But this fact presents three inconvenient truths for the Occupy Wall Street movement.

The U.S. economy has grown considerably over the past three decades. However, there is a prevailing sentiment that the middle class and the poor have been left behind. Our results show evidence of considerable improvement in material well-being for both the middle class and the poor over the past three decades.

In Illinois, state officials describe the budget picture as "dire," which will mean for education cuts.