@GMShivers Then you get a reset event (usually pretty brutal) and you're back to somewhat meritocratic, etc.
@GMShivers Oh there's plenty you can do about it. This is why the right tax code structure is redistributive.
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@GMShivers We have the opposite of the right structure here in the US right now, and it's going to end in tears if it's not fixed. -
@cmuratori Ours starts lower and ends lower, and it seems to work a lot better.
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@cmuratori No actually tax structures that work ensure that the lower half is not reliant on the upper half covering most of the expenses. -
@GMShivers That has never been true in economic history, to the best of my knowledge, but if you have a counter-example, I'm all ears. - Show replies
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@cmuratori Everyone paying more taxes from bottom to top is what works, not just ensuring that "Richies" are penalized, that does the opposi -
@GMShivers Literally no. All our highest growth periods correlate with high taxes at the top. http://www.huffingtonpost.com/2011/04/15/top-marginal-tax-rates-chart_n_849596.html … - Show replies
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