She is the first woman — who, moreover, is neither a Rothschild by blood nor Jewish — to lead the main bank of the legendary financial dynasty. She warns that a stock market bubble is forming: ‘Valuations are very high’
Well yes. But the person I responded to implied they’d be in favour of taxing the rich even if the money wasn’t needed elsewhere - in this hypothetical, utopian case I wouldn’t give a shit about their taxes. (Again, I know they were being facetious, I’m just mad at this woman right now and don’t want to see the humour in it)
It’s not a joke. Taxes on the rich should be raised because excessive wealth and income inequality is bad for society. If the government doesn’t need it for any particular project it should be redistributed evenly across the society.
No, even if we just destroyed their wealth, it would be helpful because they would no longer be bidding up scarce resources like land, corrupting our politics, etc.
That’s kind of the point no?
Well yes. But the person I responded to implied they’d be in favour of taxing the rich even if the money wasn’t needed elsewhere - in this hypothetical, utopian case I wouldn’t give a shit about their taxes. (Again, I know they were being facetious, I’m just mad at this woman right now and don’t want to see the humour in it)
It’s not a joke. Taxes on the rich should be raised because excessive wealth and income inequality is bad for society. If the government doesn’t need it for any particular project it should be redistributed evenly across the society.
So you agree that it’s not just for the sake of it.
No, even if we just destroyed their wealth, it would be helpful because they would no longer be bidding up scarce resources like land, corrupting our politics, etc.