Richard Vedder | 03-07-26

Steve Moore and economist Richard Vedder argue that punitive fiscal policies are driving a significant migration of wealth and population from high-tax "blue" states to low-tax alternatives. They contend that the imposition of income and wealth taxes in places like California and Washington destroys economic incentives, whereas states like Florida and Texas flourish by maintaining a competitive tax advantage. The discussion further critiques modern antitrust efforts, specifically the revival of the Robinson-Patman Act, which the speakers claim perversely punishes retailers like Walmart for lowering consumer prices.