[Lendal]

Bingo. The guy has a lot of things right, but I was floored when I read "progressive consumption tax" coming from an otherwise well written essay. Consumption taxes are regressive, and no amount of progressive lip stick will make them redistribute sufficiently to achieve the effect he wants.

I would say that any tax reform that fails to reduce asset concentration will completely fail to reduce economic inequality. Let Bezos have his newspaper, if that's all he owns. Let him game the system to evade income tax. Fine. The problem is when a very small group of people own all the newspapers plus their original business empires plus their privately owned social media companies, plus their funded PACs, their psyops, etc.

All assets must be taxed directly to such an extent that concentrated assets are redistributed naturally through market forces. Tax wealth, not work.