Re:How Paul Graham Gets It Wrong in “Economic Inequality”
by crdoconnor on Sunday January 03, 2016 @03:59PM
(#10832350)
>If you set a maximum wage like that, a lot of what is good in society would not happen because people would not be able to amass capital.
>
>For example, you would not have a SpaceX or Tesla
Yeah, just remember the bad old days when we had ~95% income tax and NASA actually had a serious budget.
We definitely wouldn't want to return to the days when space travel actually pushed real boundaries and we didn't have a toy supercar company for the superwealthy.
Yeah, just remember the bad old days when we had ~95% income tax and NASA actually had a serious budget.
We definitely wouldn't want to return to the days when space travel actually pushed real boundaries and we didn't have a toy supercar company for the superwealthy.