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When has taxing the rich ever worked?

390,370 Aufrufe • vor 1 Jahr •via X (Twitter)

11 Kommentare

Profilbild von Emrah Safa Gürkan
Emrah Safa Gürkanvor 1 Jahr

pretty much all the time. These are the guys who killed the Gracchi brothers ;) They could just type debt-cancellation or land reform to figure it out ;) Strange is that rich people never understand the more they wait before they rectify the situation, the more they will have to pay for a rearrangement that would save their asses ;)

Profilbild von Rarely Tolerable.
Rarely Tolerable.vor 1 Jahr

Do you support Trump's executive order that all federal workers must return to work in person?

Profilbild von wux
wuxvor 1 Jahr

Quite disingenuous of Piers to snearingly dismiss the super-wealthy paying a fair share of tax as socialism.

Profilbild von A.M. Abernathy
A.M. Abernathyvor 1 Jahr

I value your effort to educate people on critical economic flaws. However, I don’t think taxing the rich is a solution to wealth inequality. There’s three reasons this solution doesn’t work: 1.) Governments don’t spend money efficiently at all. Giving governments more money has not solved any problems at all. Further, they spend extra money on more corporate purchases. (Think, military industrial complex.) 2.) Governments and private interests continue to merge into a pseudo oligarchy, pushed by corporatism, lobbying globalists. There’s no separation between the rich and the government. Even if there was, reference problem #1. 3.) The world economy is changing at a rate faster than governments can manage regardless, even if a push to tax the rich was successful. The rich own all of the production means, which is only getting worse as artificial intelligence and robotics develop. They will be the ones funding everything when the average citizen is on UBI and can’t get a basic job. Government will formally secede/merge with those who control the economy, just as they did through all of history with financial institutions. This post isn’t an attack, but rather a discussion. Food for thought. I think the solutions to these problems are far more complex than taxes. Rather, they require a restructuring of all current government models.

Profilbild von Valerie Bossman-Quarshie For Bunhill2022-2026
Valerie Bossman-Quarshie For Bunhill2022-2026vor 1 Jahr

Solidarity G👆🏾💯👊🏾I literally can't watch anymore... the richer are getting richer and the poorer struggling to look after themselves with the bare basics... food/fuel...somethings gotta give...🥺there's gotta be a middle ground!

Profilbild von Hannibal Barca
Hannibal Barcavor 1 Jahr

Do you ever come up with any answers? Or just say the same things over and over to sell your book? Correct, the rich can’t take the property with them, but once you get all the easy money from property, then what? Where is the growth coming from?

Profilbild von Womble ⚒
Womble ⚒vor 1 Jahr

We are just watching the destruction of society so a few billionaires, can do what. Rule over the 'nothing that is left'. It is utter madness.

Profilbild von Jonathan
Jonathanvor 1 Jahr

👏👏👏👏👏👏👏👏 you tell ‘em son. Proud of you.. an English treasure

Profilbild von 🧠 David
🧠 Davidvor 1 Jahr

they NEVER collected those taxes though! They had the rate but they quite literally did not collect them lol. Conflating the post war boom with being due to higher taxes is nonsensical since it's effectively just a base rate neglect argument...

Profilbild von Caleb Ayrania
Caleb Ayraniavor 1 Jahr

Next point out how the wealth of the entire western world was build on war time keynsian stimulus effects followed by almost 2 decades of socialist policies across the boards. Capitalism didn't build the west, socialism did. (because capitalism crashed in 1929)

Profilbild von Bleek
Bleekvor 1 Jahr

Comparing 2025 to 1955 tax policy ignores fundamental reality changes. Today's wealthy have unprecedented mobility (internet businesses, digital banking, crypto, global air network) giving them infinite escape routes from punitive taxation. The UK is already watching capital flight in real-time. Besides, everyone's baseline quality of life now exceeds 1955's standards, even with current tax structures.

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