4 ms·
> What frustrates me about this whole argument over wealth taxes is that the arguments aren't grounded in facts. You say this, yet you don't provide a single c
by wrkronmiller 6y ago
> What frustrates me about this whole argument over wealth taxes is that the arguments aren't grounded in facts.
You say this, yet you don't provide a single citation for any of your arguments.
> There is a very strong case that one reason for sluggish economic growth is the concentration of assets and wealth in so few hands, and the continuing stagnation/decline in wealth/living standards/etc of bottom 40% of the US when measured in things like "healthcare", "education" etc. A redistributive wealth tax that was well structured could be a huge boon to GDP growth.
This seems plausible, but not self-evident. Give us evidence.
- lstmemery 6y agoNot the OP, but the most recent meta-analysis suggests that there is a negative correlation between inequality and growth[1]. Wealth inequality is more negatively correlated with growth than income inequality. [1] https://www.sciencedirect.com/science/article/abs/pii/S0305750X15002600 https://www.sciencedirect.com/science/article/abs/pii/S03057...