Yes, it's a false equivalence. That does not imply that the two things should be equivalent. Nowhere did I state that they should be equivalent. I'm just saying

Yes, it's a false equivalence. That does not imply that the two things should be equivalent. Nowhere did I state that they should be equivalent. I'm just saying they're not. So your argument that "a wealth tax is good because it's the same thing as a management fee" is not valid, because the premise is false. A wealth tax is not the same thing as management fee. That doesn't mean that they should be the same thing. It means you cannot draw conclusions based on them being the same thing, because they are not. > Things like healthcare, education, and a social safety net. These services naturally rise in cost in accordance with GDP because standard of living is supposed to rise with GDP per capita as well. They don't have to. A more efficient and advanced economy should produce basic necessities with less effort and therefore less cost than less productive economies. The costs of things like healthcare and education in the US are vastly distorted for a number of reasons. I don't think siphoning off wealth from productive areas of the economy and pushing into areas that are already overpriced is going to help. Education, for example, already receives massive Federal subsidies via guaranteed loans. That hasn't made it less expensive. It's made it more expensive as college raise prices to match the amount of capital available to pay them.