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> we need a real correction in order to redistribute some of the wealth. There will be no redistribution, that's a fairy tale. There will only be evaporation.
by megavolcano 6y ago
> we need a real correction in order to redistribute some of the wealth.
There will be no redistribution, that's a fairy tale. There will only be evaporation.
- dsr_ 6y agoTaxes are a redistribution mechanism.
- megavolcano 6y agoAnd what do you think would happen if we decide to hike taxes on the uber wealthy once this is all over? The same thing they always do - go stash it in some tax haven, never to be seen again. For all intents and purposes, it has evaporated.