An economist at the forefront of the growing global push for a billionaire wealth tax is welcoming news that U.S. Democratic presidential nominee Kamala Harris is embracing calls for a minimum levy on the United States' richest individuals.
In 1945, we operated under what was functionally a command economy at the tail end of a globe-spanning total war.
I mean, we can debate the efficacy of that economic model (re: The People’s Republic of Walmart), but I’d rather the US be funding and fighting fewer wars, not more of them. FFS, if you give any number of shits about climate change, a global mobilization of killing machines is not going to point us in the right direction.
In 1945 the top tax rate in the USA was 94%. This should be a goal.
In 1945, we operated under what was functionally a command economy at the tail end of a globe-spanning total war.
I mean, we can debate the efficacy of that economic model (re: The People’s Republic of Walmart), but I’d rather the US be funding and fighting fewer wars, not more of them. FFS, if you give any number of shits about climate change, a global mobilization of killing machines is not going to point us in the right direction.