Classici Stranieri

Limitarianism on
why the super-rich need to level down
radically.*

An absolute limit on any person’s wealth is roughly equivalent to a
100% marginal tax rate on income beyond a certain point. A 93% tax
rate would give similar results, and we know it is feasible and works. So I think
we should try that instead .

To fully implement that 93% marginal tax rate entails eliminating the deductions and
manipulations currently used by the rich to shelter much of their wealthand income from it.