Re:Bezos Exerts Control of WaPo Opinion to Focus on Personal...
by CarolineRommer on Thursday February 27, 2025 @12:14PM
(#43196316)
This! Serious economics papers are always about studying different progressive tax functions. Nobody cares about specific thresholds to separate "the rich" from the rest. It's a moot point because wealth is a continuous variable (approximately Pareto with tail index 2, to be precise).
There doesn't need to be a crisp threshold. Progressive taxation without treating labor income as more heavily taxed than generic income which in turn is more heavily taxed than capital gains would be a good start.