fevereiro 28, 2025

Redistribution

The tax debate is 99% about distribution, 1% about growth. Don’t let economists fool you with their models that they don’t even pretend capture real phenomena. When they say lower corporate taxes increase growth they are modelling a world without assets where all profits are devoted to new investments in capital equipment. [...] Redistribution of global wealth is clearly the most obvious policy for a utilitarian. -- Cameron K. Murray

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