- Joined
- Dec 22, 2003
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- 36,074
So we're relatively low taxation on a standard (and limited) model.
It's not really a very helpful article as it doesn't talk about the grossly democracy-distorting (grossly so) levels of inherited (i.e. not worked for) wealth or the increasing speed by which that is happening - thus necessitating a correcting mechanism in addition to "normal" taxation.
But then what do we expect - the proles do rather pathetically think of the world in terms of 'earnings'...