3 ms·
Ok, appreciated. I have to say, I’m not entirely convinced by the growing wealth gap argument. Pickety’s numbers are all before taxes and transfers, there are
by simonh 5y ago
Ok, appreciated.
I have to say, I’m not entirely convinced by the growing wealth gap argument. Pickety’s numbers are all before taxes and transfers, there are huge holes in the analysis. On the other hand, there are too many renty ways to grow wealth. I believe the right approach is to recalibrate taxation and the incentive system, not just slap huge punitive taxes on top of what’s already there.
- david927 5y agoI think everyone would be in favor of well-considered approaches, myself included. But we need to be actively discussing this with a sense of urgency.