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by ivansavz
4437 days ago
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If I understood correctly (me too judging only from secondary sources) Piketty is concerned about uneven distributions---the relative share of the total pie of all that is measurable economically (GDP+capital) is becoming more concentrated in very few hands. He's an economist and I don't generally trust economists' calculations[1], but the concern he raises relates more to the fact that the long-tail wealth people are better at hiding their revenue offshore. As more of the pie goes to them, there is less tax revenue for the state. He proposes more International laws be put in place to prevent off-shore stashing (Hollande's of the world unite!). Also, some of his research papers are about "optimal" inheritance taxation. I find these to be interesting lines of thought---not so much as they will happen, but because it brings the 0.001 into the lime light, and I bet they don't like that at all... __________ [1] my reasons being that you can pretty much use any model and it might come out true ;) |
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