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> The high taxes on assets in France and the inheritance tax in the U.S. prevent the accumulation of capital necessary for the formation of a strong mid-sized s
by joelthelion 9y ago
> The high taxes on assets in France and the inheritance tax in the U.S. prevent the accumulation of capital necessary for the formation of a strong mid-sized sector.
How can you write stuff like that and stay serious?
- postgeographic 9y agoBy ignoring things like this I suppose - https://econoblog101.wordpress.com/2015/09/15/income-inequality-in-germany-the-top10/ https://econoblog101.wordpress.com/2015/09/15/income-inequal...
- mjburgess 9y agoIt's the strange writing style of self-righteous ideologues who have to cram something irrelevant about their ideology in everything they write. I once read a book on mental heath by a professional academic who threw in something about how some irrelevant conclusion in the mental health field showed government was inherently wrong.
- mcv 9y agoI wondered about that too. I find it hard to believe that Germany has no inheritance tax, and capital seems to accummulate extremely well in the US (far too much, I would argue). And the existence of corporations make inheritance irrelevant to the accummulation of capital for businesses.