Comment

Comment by jojojaf

I'm not advocating any specific high-end wealth tax rate, but I think at the moment they are very low. I think it would be interesting and relevant to future policy making to have historical data about which such tax rates have worked in the past. Wealth inequality is currently a huge problem in the world, and as far as I can see any kind of arguments against tackling it such as 'we'll miss out on innovation' are capitalist propaganda. This is why it would be good to have accurate historical data to respond to these kind of arguments.

I've reread my post that you responded to and when OP says 'tax rates are meaningless signaling to low income voters because no one pays these rates', my response is 'taxes should be better enforced so that people do indeed pay the stated rates'.

parent jojojaf 3 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton