In his new book, Joseph Stiglitz outlines a sweeping plan to correct economic inequality http://www.theatlantic.com/business/archive/2015/11/stiglitz-heres-how-to-fix-inequality/413761/ … #choices
-
@paulg Goal not to stop billionaires. Just, as Warren Buffet noted, to end the practice of him paying a lower tax rate than his secretary.
@timoreilly If so it's not going to correct economic inequality. Buffet would still be massively richer if he paid the same tax.
-
-
@paulg@timoreilly if Buffet paid 50% tax and I paid 10% tax my purchasing power
a lot and his remains the same = 
inequality. Right?Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@paulg@timoreilly mere inequality is red herring. We should focus on ensuring basic decency for all Americans recognizing that ppl pay allThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@paulg@timoreilly taxes & thus if someone can't afford a needed thing, someone richer than him will need to pay for it.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@paulg@timoreilly I'm not aware of anyone arguing for a gini coefficient of 0. The debate is about whether & how to bring up that bottom. -
@paulg@timoreilly The nice thing about power law of wealth creation is that you can do this with relatively little impact on the wealthy. - Show replies
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.