14% of people in Denmark are poor. To get the percentage that low worldwide, the global economy would need to grow at least 5x.https://ourworldindata.org/poverty-minimum-growth-needed …
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What if we can just take the wealth from the wealthiest few percent and redistribute it.
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It works pretty well -- in Denmark for example.
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You mean places like Denmark, which has an effective marginal income tax rate of 55.9% and a 42% tax rate on capital gains?
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I.e a tiny country
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Can people provide a larger sample size? Places other than Denmark where this worked well?
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Why do you believe Denmark’s system has been effective?
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European Union is maybe not a radical example of redistribution at work, but definitely it works here to some extent.
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It seems most Americans rather like to ignore that argument..
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It’s working pretty well in Denmark. I should know, I’m from there.
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No rich people in Denmark?
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