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Comment by tankenmate

Isn't it just so much easier to make sure that wealth isn't concentrated in so few hands? Tax wealth, not work.

And before everyone gets upset, tax serves two purposes; 1) control inflation (it in effect burns money that was issued when the govt previously paid for things), 2) disincentivises selected behaviours. and one side effect, when the govt runs a tax deficit it increases inflation, and of course the contrapositive is also true.

parent tankenmate 8 months ago

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