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> Wealth always tempts us to be discontent. We’re cursed with that insatiable desire for more. We’re prone to envy. There is a reason we talk about keeping up w
by slwvx 7mo ago
> Wealth always tempts us to be discontent. We’re cursed with that insatiable desire for more. We’re prone to envy. There is a reason we talk about keeping up with the Joneses.
I think this is one argument for a more progressive income tax (and/or a wealth tax). Sure, a sharply progressive income tax incentivizes work by low income people, but it also reduces the wealth and income of high-income people, indirectly making them and everyone happier.
https://archive.ph/HfXMr https://archive.ph/HfXMr