It’s The Inequality, Stupid
mostlytrue.bsky.social
Wealth inequality is at the root of democratic decline. Tell your politicians who are playing dumb: “It’s the inequality, stupid!”. Support community, build power, demand more.
👤 Joined on 11 November 2024
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❤️ Beğendiği Gönderiler
It has never been more clear that unaccountable systems of wealth are the PRIMARY destructive element of our politics, economy, and society as a whole. Unchecked abuse of all kinds. The current US admin is just the latest, purest personification of this trend.
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In Norway everyone pays the same tax as everyone else + the wealthy pay an annual "wealth tax". A couple of years back, some greedy Norwegian billionairs tried the same tactic & moaned they'd move to Switzerland. Norway shrugged & said "bugger off" then! blog.magnuslegal.com/norwegian-we...
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I'm taking my "Norway's wealth tax didn't reduce tax revenue" victory lap.
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New working paper: the Norwegian wealth tax was a huge success. The "exodus" of wealthy people never happened (less than 100 individuals left). Tax revenue increased by 71.5%. No changes in business activity or investment. www.nber.org/papers/w35854
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Artificial intelligence systems do not think, feel, want or understand. Avoid language that gives them human characteristics.
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