“I don’t advocate a 90% tax bracket to bring in more taxes, it’s just to make sure rich people have less money” https://twitter.com/mattyglesias/status/1081629613959405569 …
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People are actually proposing freezing international transfers to keep the wealthy from fleeing the countrypic.twitter.com/7Jy2XOviQX
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This is one of those issues you need to take frequent tea breaks from, because you’re forced to viscerally realize that many people’s modeling processes do not have braking systems or safety features of any kind
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That's true, but it's also important to see that their core model is wrong, even if it had brakes and safeties. They see wealth production as an unimportant "given," with all the important questions centered on distribution. This leads to a spiral whose end-game in Venezuela.
End of conversation
New conversation -
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The need to do this just proves the wisdom of the basic idea
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While we’re at it let’s drag the rich into our city squares and put them in the stocks. /s
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