basquebromance
Diamond Member
- Nov 26, 2015
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A basic point of economic theory that economists don’t like to talk about is that reducing the rents going to a high-income person is a gain for the rest of us. This is a crucial point, since it is necessary to recognize that policies designed to reduce the incomes of high-end earners are not just a matter of being gratuitously nasty to those who were lucky enough to be successful. Whether or not these policies are nasty, it is important to recognize that the money enjoyed by these high-end earners comes from somewhere; it is not manna from heaven. And where it comes from is the pockets of the rest of us
The defenders of the status quo benefit enormously, but regular folks not so much
a shift in the profit share back to pre-recession levels as a result of tighter labor markets would certainly be good news for ordinary workers. that's why we need to vote for Warren.
WARREN! WARREN! WARREN! WARREN! WARREN!
Why Elizabeth Warren’s Wealth Tax Would Work
The defenders of the status quo benefit enormously, but regular folks not so much
a shift in the profit share back to pre-recession levels as a result of tighter labor markets would certainly be good news for ordinary workers. that's why we need to vote for Warren.
WARREN! WARREN! WARREN! WARREN! WARREN!
Why Elizabeth Warren’s Wealth Tax Would Work