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I agree (and I suspect tomp would as well - it's generally best to give others the benefit of the doubt when they've been silent on an issue) that estate taxes
by dangerlibrary 11y ago
I agree (and I suspect tomp would as well - it's generally best to give others the benefit of the doubt when they've been silent on an issue) that estate taxes are insufficient. I disagree with the implication that they are not a critical component of a solution.
- zepto 11y agoThey may be a critical component of a solution, but given what I said earlier about nepotism and clans, I'd argue that they would make things worse because they would further reduce the ability of the poor and middle classes to gain traction against those with corporate power. This is not dissimilar to the Soviet situation. So, even if they are a critical component, they are irrelevant unless someone can articulate how these other components would work.