Re:Modeling a Wealth Tax
by eanzenberg on Tuesday August 18, 2020 @11:41AM
(#24200016)
Interesting, so billionaires directly affect the majority of jobs, and the rest of the jobs may be indirectly affected by billionaires and their job prowess as well. GDP growth is roughly 2% a year. Everyone here ok with GDP contraction for our future? How do we fund all the social experiments that many people want?
[ Parent
| on HN ]
Re:Modeling a Wealth Tax
by spencerflem on Tuesday August 18, 2020 @12:29PM
(#24200710)
GDP growth doesn't matter to normal people if all of the growth goes to billionaires. Wages have been static for decades.
Re:Modeling a Wealth Tax
by eanzenberg on Tuesday August 18, 2020 @12:53PM
(#24201037)
Over the past 3 years much of that growth has gone to “normal” people.