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A comment on Calif. Wealth Tax Proposal Likely Faces Constitutional Challenges. Parent comment

Re:Calif. Wealth Tax Proposal Likely Faces Constitutional Ch... by jdhn on Tuesday September 01, 2020 @08:29AM (#24341062)
Yes, they really do.
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Re:Calif. Wealth Tax Proposal Likely Faces Constitutional Ch... by CryptoPunk on Tuesday September 01, 2020 @03:46PM (#24346161)
Even the difference between 1 and 2% per capita GDP growth per year is the difference between per capita GDP growing 35% and 82% over 35 years.

It's hard to imagine the benefits for the masses of an additional 47% in per capita productivity growth not outweighing the benefits of the higher tax rates on the rich.

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