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You will always need progressive taxation because it's "baling out the boat" since money when left alone flows towards the rich. It needs to be constantly clawe
by JulianMorrison 11y ago
You will always need progressive taxation because it's "baling out the boat" since money when left alone flows towards the rich. It needs to be constantly clawed back to minimize inequality (which may be more important than absolute income amount). That's assuming you aren't gonna make big changes like phasing out money.