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A comment on Media Owned by Wealthy Are Quick to Tell You Wealth Taxes Are a Bad Idea. Parent comment

Re:Media Owned by Wealthy Are Quick to Tell You Wealth Taxes... by tick_tock_tick on Thursday October 22, 2020 @02:22PM (#24861383)
It's not like the money leaving the corporation doesn't get invested in something else. I could very easily see the how higher rate lead to less innovation since the money is all tied up in mega corps.
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Re:Media Owned by Wealthy Are Quick to Tell You Wealth Taxes... by ivalm on Thursday October 22, 2020 @02:35PM (#24861587)
Often time it leaves corporations simply to inflate the price of assets, which is not productive. While we have been lowering taxes past many decades the velocity of money has gone down.
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