Apr 12, 2021
Pushing on a string is wasted energy with no result.
The problem of accelerating wealth and income inequality is real. However, 20th Century solutions (like a wealth tax) will not work in the 21st Century.
We must find solutions that will work in our hyperconnected, uber-technological world where barriers to movement of people and capital have largely evaporated. Some variation on Andrew Yang's Value Added Tax structure is more rational.