we need to tax the middle class much more to finance universal social benefits (though much of that will just replace expenditures like private insurance premiums), without provoking inflation. 1/
we need to tax the very wealthy because wealth that confers political influence or leads to lifestyles detached from our political community, people who have no use or interest in our commonweal, is dangerous and should not exist. 2/
with respect to neither of these purposes is the formal accounting debt or deficit very useful or informative. 3/
🅰️ ®️ ✝️ U
@interfluidity What we would need to address is the idea of people in power that they are better than us, and can take whatever they want.
Anything else is just mood rings and tarot.
Or show me any tax adjustment in the last 100 years that has been driven by anything but the people in power not feeling any pressure to act in the common good.
@admitsWrongIfProven @interfluidity