But presumably we're keeping the functional electric vehicle infrastracture, reusable rocketry, a browsable and searchable web, online purchasing, and same-day delivery for absolutely everything, because finders keepers, right?https://twitter.com/BernieSanders/status/1176481898685710337 …
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The wealth tax Sanders is proposing here is >4x anything that was tried in Europe — and then fairly broadly discarded, because wealth taxes have generally not worked out well. So... anywhere?
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The plan here is explicitly to reduce net worth. That's a far cry from *any* tax plan that seeks to maximize revenue w/o cutting too aggressively against growth. If your plan includes a 40-60% exit task to trap extant wealth, people are not going to come to you to build wealth.
End of conversation
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