News for hackers. Stuff that matters.

A comment on Are Computers Making Society More Unequal? . Parent comment

Re:Are Computers Making Society More Unequal? by api on Friday November 08, 2013 @12:16PM (#6697499)
I agree. Reaganomics started massively concentrating wealth long before the Internet came along.
[ Parent | on HN ]
Re:Are Computers Making Society More Unequal? by dragonwriter on Friday November 08, 2013 @12:21PM (#6697548)
Surprisingly, cutting the (progressive) income tax rates and raising the (flat-to-regressive) payroll tax rates made the rich richer and the poor poorer.

Who could have guessed?

[ Parent | on HN ]
Re:Are Computers Making Society More Unequal? by api on Friday November 08, 2013 @02:24PM (#6698503)
Trickle down economics would only work if your average rich person were a Jeff Bezos, Steve Jobs, or Elon Musk, not an overstuffed communist apparatchik in a business suit.
[ Parent | on HN ]