@paulg maybe second most effective way. 100% inheritance tax likely most effective.
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@eastdakota In 1500 maybe, but people live so long now that most have done most of what they can for their kids before they die. -
@paulg awful lot of Waltons at the top of this list:http://www.forbes.com/sites/chasewithorn/2015/03/02/forbes-billionaires-full-list-of-the-500-richest-people-in-the-world-2015/ …
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@paulg Not really - relatively few of the richest 1% are entrepreneurshttp://www.economist.com/node/21543178Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg And what does that say about the goal of eliminating inequality?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg ...did your cat jump up on the keyboard again?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg who wants to eliminate economic inequality? People just want to modestly decrease the distance between the upper and lower bounds.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg That's deliberately obtuse. Taxing the rich to provide safety net increases people's capacity to take risks such as starting a biz.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg go home, you are drunkThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg When people want economic equality, they really want equal chances for all. for that, sane defaults: everybody should get the basics.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg well no. But eliminating rentier parasites would be a very good startThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg v mad start your own company and make sure money there for start for equal pay. Dont forget biz charge customers for costs coverThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg starting a business is one of the few social mobility drivers open to any background, so I think I disagreeThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg I think you misspelled "cap on wealth, floor on income(UBI)." You have no empathy for the poor and are quick to demonize the debate. -
@paulg The wealthy always,throughout history, come up with a reason why they should have the extraneous when others don't have the necessary
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@paulg So false. It's about inheriting your parents' companies.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg we can also eliminate death by outlawing birth!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg or increase the inheritance tax.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Banning private business would work even less than the war on drugs. Strategies which are actually applicable would be more efficientThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg to paraphrase Durant: only those who are below the average want equality. Those who are conscious of superior ability want freedom.Thanks. Twitter will use this to make your timeline better. UndoUndo
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