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Haven't read Piketty - not sure I can handle it with the almost-insignificant knowledge I have about economy - but this argument seems very reasonable. I've on
by malvim 12y ago
Haven't read Piketty - not sure I can handle it with the almost-insignificant knowledge I have about economy - but this argument seems very reasonable.
I've only read people writing ABOUT Piketty's book, and haven't seen anyone put it this way.
I'm from Brazil, and with the upcoming elections people have been all sorts of crazy down here, throwing around whatever "facts" they can find on the internet. One of the main points of disagreement between the two presidential candidates is income distribution, so "data" about it has been all over the news and conversations.
This kind of tax, if only to shed the faintest light on the matter, would definitely help. Even considering that the really wealthy people would not declare everything they have, there's only so much you can hide.
Thank you for this comment.
- loumf 12y agoI think it's pretty clear from the book. I did a quick search -- this blog comment by Dan Kervick sums up the argument pretty clearly. http://www.nakedcapitalism.com/2014/05/pikettys-wealth-tax-real-works.html#comment-2122067 http://www.nakedcapitalism.com/2014/05/pikettys-wealth-tax-r...