the most dangerous thing about left wing normalization of a 70, 80, 90 percent wealth tax is the story it binds to the american psyche — you will never be rich.
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Couldn't agree more, my family were cuban refugees (back in the 60's) when they came to the US, my grandfather became a janitor as he couldn't practice medicine (his profession) when he first came over, decades later, he became head of the ER at 4 different hospitals
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There's deep importance to keeping the american dream alive and well, the US is unique in that perhaps with a few interesting exceptions, like the transformations going on in China, Eastern Europe and Latin America (as they rise out of communism/socialism)
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I think your causal reasoning is backward. No one from either party would be speaking about these ideas if data wasn't showing that upward economic mobility is declining, (and also lower than other countries w/ larger welfare states) https://www.brookings.edu/blog/social-mobility-memos/2018/01/11/raj-chetty-in-14-charts-big-findings-on-opportunity-and-mobility-we-should-know/ …pic.twitter.com/mX35nHHKea
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Will check this out. I recommend this if you have seen it already : https://link.medium.com/EUIY5qZTeT
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on the bright side, we finally quantified wtf fair share means
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You don't have the incentives to work harder/smarter than your peers, when they punish you with those rates. You have been told once that nothing is beyond your reach, but socialist are telling you that you don't deserve it no matter what you can do, what value you could create.
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what if i want a different dream? :(
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I think you'll appreciate this: https://www.economist.com/leaders/2018/09/13/a-manifesto-for-renewing-liberalism …
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Perhaps you are being a wee bit over reactive here. Maybe we can find compromises. We truly need to talk to each other these days and find middle ground if the country is going to survive. Compromise is not a dirty word.
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