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Wealth taxes are fundamentally ex post facto, which changes the nature of voting. Voting should be about changing the rules for the future rather than changing
by chmod600 6y ago
Wealth taxes are fundamentally ex post facto, which changes the nature of voting. Voting should be about changing the rules for the future rather than changing the rules for the past.
And it has real consequences for the spirit of democracy. It opens up the idea that people can literally vote to take other people's stuff and give it to themselves. That process will not have any good results for anyone.