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If there is actually productivity growth (which I strongly believe there is) - then this can be shared between 4 groups - the workers, the non-workers, the reti
by onlyrealcuzzo 5y ago
If there is actually productivity growth (which I strongly believe there is) - then this can be shared between 4 groups - the workers, the non-workers, the retired, and the capitalists.
I think most workers would like to see 100% of these gains go to workers. I think most shareholders would like to see 100% of the gains go to them. I think it'd be fair to share these evenly - and so higher taxes could make it so that the non-workers and retirees get some of the benefits of productivity increases.