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Re:What if incomes grew like GDP? by devdas on Wednesday December 23, 2020 @01:59AM (#25515178)
Having wealth does influence the ability to spend money and work on things like regulatory capture rather than productive investments.
Re:What if incomes grew like GDP? by anchpop on Wednesday December 23, 2020 @03:04AM (#25515521)
Wealth doesn't, income does. If I buy a car and work on it to add $1000 to its value, I've increased my wealth but have not changed my income or purchasing power until I realize those gains, at which point my $1000 income is taxed (as it should be)