2min chapter

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#349 – Bhaskar Sunkara: The Case for Socialism

Lex Fridman Podcast

CHAPTER

Is There a Negative Side to Taxing the Rich in Theory?

In a progressive tax system is there to to push back on the costs here? There would be a certain point in which the consumption changes might have net detrimental effects. In my vision of course of socialism that's one reason why we'd have to take the investment function away from capitalists.

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