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And yet we should still tax (but possibly not redistribute) wealth. Wealth consolidation leads to power consolidation and I don't want de-facto monarchs/oligarc
by medvezhenok 5y ago
And yet we should still tax (but possibly not redistribute) wealth. Wealth consolidation leads to power consolidation and I don't want de-facto monarchs/oligarchs in society running shadow operations (and especially (!) interfering with the free market in their favor).
So my rationale to tax the rich has nothing to do with redistribution, and more to do with power decentralization.
- jimbokun 5y agoThis is the tragedy of Citizens United. It destroyed any hope of divorcing money from excessive political power.