BOOK REVIEW

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

    • @AbouBenAdhem
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      6 months ago

      Right.

      If they can proactively reduce inequality, fine; otherwise taxation will do it for them.

      • @[email protected]
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        27 months ago

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

        • @AbouBenAdhem
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          27 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.