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If progressive taxation outcompetes exponentiality, empirically it never has, not even in the most progressive states, as we see that the wealth gap still incre
by dnautics 6y ago
If progressive taxation outcompetes exponentiality, empirically it never has, not even in the most progressive states, as we see that the wealth gap still increases, even in most European nations.
- arcticbull 6y agoI don't mind that, though, I think outsized reward is fair for outsized value creation. Where I disagree is that it should last more than a generation, and I believe that higher taxes should be levied to raise the standard of living for the bottom rung. I believe in wealth and income in equality.
- dnautics 6y ago> I think outsized reward is fair for outsized value creation How do you define "fair" and how do you define "value creation"? And how do I get to be the administrator who gets to make those calls, so that I can make sure that my friends and family's "value creation" classes are put before everyone else's?