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17. Why Is Terra Mooning, Billionaire Tax (Good or Bad?), and Magic Mushrooms

Alfalfa Podcast

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Are You Taxing Billionaires?

Stephanie Coontz: It doesn't make sense to take the job of capital allocation away from people who have demonstrated great skill at capital allocation and give it to an endy that his demonstrated very poor skill in capital aplication, which is the government. She says if you allow the market to take care of all the millionaires, do the people really need to get it?coontz: Andand i think the answer oftentimes has been no. That's where there's a lot of anger and resentment in society in general.

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