Twitter | Search | |
Michael Linden Jan 10
Massive concentrations of private wealth are self-reinforcing, corrosive and distortive. A wealth tax aimed at those massive concentrations helps to correct for that, leading to a better functioning, stronger economy, for everyone.
Reply Retweet Like
Michael Linden
Arguments that a wealth tax will "hurt the economy" always ignore negative effects of wealth inequality, and rely on an empirically unsupported idea of the relationship between taxes and investment. Remember how the corporate tax cut was supposed to unleash an investment boom?
Reply Retweet Like More