Re:To grasp the extent of inequality, look at the relatively...
by harimau777 on Saturday July 22, 2023 @09:16AM
(#36825969)
Couldn't a policymaker retain the support of the relatively well off by only raising taxes on the very well off?
Re:To grasp the extent of inequality, look at the relatively...
by wonderwonder on Saturday July 22, 2023 @10:14AM
(#36826416)
It is kind of a strange argument that the author tacked on at the end. No body is doing well these days, even people with relatively good incomes are struggling. You know what would help those struggling people? Higher taxes!
It was a really strange transition and kind of torpedoed the entire article.
Silly article. It's basically claiming that since even the relatively well off are not doing so great nowadays due to inflation, etc. they may appreciate some wealth redistribution (to those even poorer) because they now understand inequality. (The article authors also imply inequality will lead to a revolt, aka. the stick).
Yeah, sure! You can bet the relatively well off which are feeling the economic heat will just love to pay more taxes and plunge even more rapidly on the economic ladder.