mildly curious about likely the effect of Wealth Taxes and 70% marginal rates on the ability of the democratic candidate to raise funds
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Replying to @eigenrobot
notice that Democrats proposing these policies were successful at raising campaign donations from small donors. I think this is meaningful and good actually (I don't support the wealth tax policy btw) because it reflects the interests of a constituency rather than donors.
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Replying to @danlistensto @eigenrobot
Yeah, the opposition has a vanishingly small natural constituency. High marginal tax is also a great wedge issue because it draws intra-elite distinctions. You can be very prosperous and still not experience a downside.
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The levels of inequality we have now don't support even an elite consensus on this issue. Why should a working professional, a doctor or a lawyer or so on, find common complaint with Howard Schultz, who's more wealthy by several orders of magnitude?
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Replying to @unpaginated @danlistensto
because people wanna guillotine me too
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Replying to @eigenrobot @unpaginated
the antifa lunatics who start shit in the street might joke about that online but it's not really a serious thing.
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everybody knows there are no jokes any more
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