I think the capital should be taxed as it was at the same rate as labor income. Rather than spending all the sort of tax expenditure, the fact on the rich, you should I think have much greater advantages given to the middle class. And then final one is also that we should really think go for taxing inheritance much more.
Yascha Mounk and Branko Milanovic discuss what his famous elephant curve says about the ills—and the gains—of globalization; how the left’s concern with inequality is being turned against its concern with internationalism; why economic causes of populism are often expressed in cultural ways; and how a determination to increase the financial and educational endowments of ordinary citizens can combat inequality and boost their living standards.
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