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Re:Silicon Valley stirs over proposal to end popular QSBS ta... by ch4s3 on Wednesday September 15, 2021 @08:11AM (#28538044)
there’s nothing about inequality that should mean that we’re collecting a lower percentage of GDP in taxes. There are lots of reasons outside of tax policy that wealth may accumulate.
Re:Silicon Valley stirs over proposal to end popular QSBS ta... by taurath on Wednesday September 15, 2021 @08:06PM (#28546169)
Agree, but tactically if you want to reduce wealth inequality that’s the first one given passive investment beats working for income both in tax advantages, lack of estate taxes, and effectiveness.

There’s a giant sucking sound as all the money in the economy accumulates out of towns and cities and into the endless digital coffers of the investment class.