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Then vote to raise taxes on revenues and inheritance. We need enough taxation to give everyone a reasonable standard of living, but not so much as to discourage private enterprise. I think it's achievable, given the recent growth in productivity.


Agreed, a hundred percent. I'm doing my own startup right now, even (not profitable, but revenue-positive!), so it's not like I have no dog in this big-picture race. Private enterprise is important. I also see how things are awful skewed in favor of the established money/power.

And as for voting on taxes on revenue/inheritance, I do, heh! A few years ago, here in Oregon, they tried to eliminate the estate tax (again), and I happily voted to keep it.


Actually, the past 70 years, of productivity gains accruing to labor and being fairly widely shared in society, is pretty atypical (over the past couple of hundred years). In most western societies (and other where records are available) those owning production (typically land, but sometimes factories) captured most of the wealth.

Source: Capital in the 21st Century by Piketty.




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