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This article is not really worthy of Hacker News. We already have a tax system that is designed to do a fair amount of wealth redistribution. That moral argum
by akamaka 6y ago
This article is not really worthy of Hacker News. We already have a tax system that is designed to do a fair amount of wealth redistribution. That moral argument was fought and largely won a long time ago.
Now, that system certainly needs tweaking, and the technical details of that are worth discussing. What is the optimal amount of money that can be taxed from the wealthy before we suffer consequences like capital flight or low private investment into the economy?
Throwing around “wealth tax” as a slogan to argue over is not going to bring about that constructive discussion, though.