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Comment by pnathan

I'm persuaded that wealth taxes and maximum income are the appropriate solution: after X million per year, you don't get more money, and after you and your family heap up Y million of _fluidly defined_ assets, you get taxed on what you hold/control/manage-via-tax-shelter.

Obliterate the tax shelters, obliterate the tax havens, bring the money back home under threat of criminal law.

I'm not saying you can't be a fat cat. But at a certain point (fluid and blurry, but distinctly present), it's just morbid obesity that is squishing other citizens.

parent pnathan 9 years ago

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