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eloff | 2 years ago
In general just taxing the winners (wealthy) period is well tolerated politcally, but it also requires a goverment that's somewhat fiscally responsible and not spending $800B a year on their military instead of social programs. The US hasn't had a fiscally responsible government since Clinton, and the pigeons are currently coming home to roost in the form of inflation and loss of confidence in the US dollar as the reserve currency.
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