Re:Why inequality matters (2014)
by throwawaw on Monday September 14, 2020 @04:21AM
(#24467967)
What differences did you see? They seem essentially similar. The exception being:
> We should shift more of the tax burden onto capital, including by raising the capital gains tax, probably to the same level as taxes on labor.
(2019)
vs
> I agree that taxation should shift away from taxing labor. It doesn’t make any sense that labor in the United States is taxed so heavily relative to capital.
> But rather than move to a progressive tax on capital, as Piketty would like, I think we’d be best off with a progressive tax on consumption.
(2014)
He does seem to have reconsidered the utility of a yacht sales tax.
> We should shift more of the tax burden onto capital, including by raising the capital gains tax, probably to the same level as taxes on labor. (2019)
vs
> I agree that taxation should shift away from taxing labor. It doesn’t make any sense that labor in the United States is taxed so heavily relative to capital.
> But rather than move to a progressive tax on capital, as Piketty would like, I think we’d be best off with a progressive tax on consumption. (2014)
He does seem to have reconsidered the utility of a yacht sales tax.