A side effect of the very politically popular idea of taxing the rich more and more: the fate of your government programs becomes more and more structurally dependent on the volatile fortunes of an ultra-small group of ultra-rich people.https://twitter.com/ChrisMegerian/status/1043850488750452736 …
-
-
Replying to @kimmaicutler
It is very weird to frame this precarity as the consequence of the tax code, rather than escalating wealth/income concentration.
1 reply 0 retweets 8 likes
Replying to @bedwardstiek
I framed it that way bc the left often frames it that way, that you can just tax the rich, problem solved. California does do that more than anywhere else in the US but it’s problematically implemented, let alone the fact that it’s insufficient.
1:00 PM - 24 Sep 2018
0 replies
0 retweets
4 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.