capital gains tax should decline with income not increase. if youre rich its prima facie evidence that your better at allocating capital than people who are poor. "bluh bluh what if its inherited wealth" yeah dude you know what else is heritable? capital allocation acumen
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im on the record as supporting a direct rawlsian policy from the top https://twitter.com/FuzzGreen/status/1460692307733356552?t=QdSd90KEVZCZohc1RldhCw&s=19 …pic.twitter.com/rvYVWKufdA
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Probably the most interesting take I’ve seen on here in a while
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This would prompt the greatest private to charitable organization transfer of wealth in human history in an attempt to reduce family size to a manageable #. Altruistic or not, hey charity benefits!
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creating an arms race of bad child rearing so you can avoid taking on more kids
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You're really close to my argument of why there should be a high, enforceable inheritance tax. (The "enforceable" part is probably the hardest bit in today's political climate but theoretically possible)
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I personally think all that largess should go to the public school system and not wealthy heirs, but I can take my liberal opinions and go
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Didn't grow up around rich kids I see.
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it's pretty funny to think of my well-meaning blank-slatist parent acquaintances who are all professors or programmers or whatever patting themselves on the back for their amazing parent skills as little johnny effortlessly learns reading and 'rithmetic
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