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by r_smart
2647 days ago
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The Pareto Principle is a bitch. There's no way to remove inequality without trampling on the rights of the few lucky people. |If money flows to those who own things more easily/readily than those who do things The vast majority of people with a lot of money are doing things. They are not idle, and it is not through idleness they wound up in their position. At least in the US. This is doubly true for their money. It's not in a big swimming pool for them to paddle around in Scrooge McDuck style. Well, at least, most of it isn't. |
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At the very high end (top 10, 1, 0.1 percent of incomes), is progressive taxation on income a tax on lucky breaks more than any other factors?
(other factors = intelligence, hard work, lack of bad luck like disasters, unexpected medical bills, etc.)