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 …
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Replying to @steveklabnik
@steveklabnik His objection is literally one long#notallrichpeople1 reply 0 retweets 1 like -
Replying to @GoldenApples
@steveklabnik "taxing consumption" will always benefit the rich - even those who consume a lot, spend proportionally less than the poor.1 reply 2 retweets 7 likes -
Replying to @GoldenApples
@GoldenApples@steveklabnik Poor disproportionate likely to consume more than earnings, so 20% consumption tax could easily be 30+% income.3 replies 2 retweets 7 likes -
Replying to @patio11
@patio11@GoldenApples@steveklabnik he does say 'progressive consumption tax' so could be 0% for most. Still a stupid idea vs wealth tax.2 replies 0 retweets 3 likes
@t_sloughter @GoldenApples @steveklabnik Progressive consumption tax = IRS to be larger transfer program than all others worldwide combined.
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