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by JoshTriplett 3935 days ago
> Well, maybe there wouldn't be a hard ceiling, but I could see the revival of the 90% tax bracket for big earners.

That's a very entitled, might-makes-right point of view; what gives you the right to do so, other than getting a mob together with enough might?

1 comments

Again, I have only one vote, just like you. I don't think I have any particular right when it comes to setting policy.

But, if radical redistribution of wealth is wanted by voters, then the population can enact laws to make it happen.

I have no doubt that automation on a scale beyond what most people think is possible (and maybe desirable) is coming. Today, any talk of basic income in the US isn't going to go anywhere. However, at some point enough people are going to be out of work that they will be a big enough voting block that politicians will start restructuring the economy to make those voters happy. I'm not sure I see any other possible outcome.