Nothing makes me more Pikettistic than hearing wealthy people rail against it.https://twitter.com/paulg/status/1318868130165366784 …
It's reassuring to hear that this is the main ingredient in your convictions, rather than data, or experience, or Piketty's arguments.
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That and a ton of research culminating in a book last year.https://www.amazon.com/Innovation-Equality-Create-Future-Terminator-ebook/dp/B08BSTBRYG/ref=sr_1_1?dchild=1&keywords=innovation+%2B+equality&qid=1603303885&sr=8-1 …
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A book that cites your essays, I might add.
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I wonder what the criteria these days is to become a professor.
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I think it's easy for an observer to think that your personal wealth is the main ingredient in your convictions. It does feel often like our discourse is getting more ad hominem rather than less. Is it just from increasing primacy of "identity"? Doubt it. Worth thinking about.
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0% estate tax, BUT tax inherited wealth like ordinary income Inherited wealth was NOT earned by heirs. Why should this get a special tax discount? > For illiquid businesses, offer up to 30 year secured loan at 10 year Treasury rate + 2% > Maybe a $250k index-adjusted exemption
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Some second and third generation heirs is not data either.
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