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by ulrikrasmussen
349 days ago
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But the top 1% still pays proportionally less of their wealth in taxes than the bottom 50%. Yes, they may pay a large fraction of the total taxes, but with what they own they should pay even more. I think another big problem is that this extremely uneven distribution of wealth is a basic democratic problem. The reason we have states is, among other things, to put the allocation of our finite resources under democratic control. If the majority of those resources are on private hands, then states get less control and our votes have less power. |
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