uuuuugh just when you think bill g can't get any worse http://www.gatesnotes.com/Books/Why-Inequality-Matters-Capital-in-21st-Century-Review …
-
-
@GoldenApples@steveklabnik Oh, consumption taxes hitting informal grey market / System D / hustling poor harder than income "not a bug" -
@GoldenApples@steveklabnik Countries with large informal sectors (hint: not rich folks, typically) favor consumption b/c easier to police. - 1 more reply
New conversation -
-
-
@patio11@GoldenApples@steveklabnik he does say 'progressive consumption tax' so could be 0% for most. Still a stupid idea vs wealth tax. -
@t_sloughter@GoldenApples@steveklabnik Progressive consumption tax = IRS to be larger transfer program than all others worldwide combined.
End of conversation
New conversation -
-
-
@GoldenApples@steveklabnik Only benefit to consumption tax (and y'all may see as bug) is it puts Gov't Cost You This Much on every receipt. -
@patio11@GoldenApples@steveklabnik income tax is on every pay-stub; interesting psychological/UX tradeoff
End of conversation
New conversation -
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.