Where should society draw the line on extreme wealth? A fresh account sets out the logic and suggests how to redress inequality.

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Where should society draw the line on extreme wealth? A fresh account sets out the logic and suggests how to redress inequality.

  • whoreticulture
    2·
    6 months ago

    Interesting, but wouldn’t the lower tax rates that they earn end up counteracting the gains they made?

    • AbouBenAdhem@lemmy.worldEnglish
      2·
      6 months ago

      Partly—but depending on how much you want to prioritize redistribution vs revenue, you could adjust the tax/Gini curve to set the equilibrium wherever you want.