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> Isn't he smart enough to know that such a tax would only serve to permanently entrench the super wealthy? How?
by perfmode 7y ago
> Isn't he smart enough to know that such a tax would only serve to permanently entrench the super wealthy?
How?
- jgalt212 7y agobecause no-one will ever be able to make enough money to challenge the position of the super wealthy. The super wealthy, barring extreme inflation and unavoidable estate taxes, would become the permanently super wealthy.
- perfmode 7y agois there evidence that there presently exist people who challenge the super wealthy who would be immediately and obviously affected by the tax? Even a single example would be helpful
- Wowfunhappy 7y agoYou should be able to avoid this via properly designed and implemented marginal tax brackets.
- nosuchthing 7y agoI'm guessing because actual wealth accumulates though capital gains and income sources that are not classified or taxed as "income"
- deleted 7y ago[deleted]