3min chapter

Open to Debate cover image

Is It Time to Redistribute the Wealth?

Open to Debate

CHAPTER

The Wealth Tax

Larry Summers: Johnist did not use the word socialism, but he is talking about a major reorganization of the way things are done in the capitalist part of the world. There's no wealth tax we're talking about that's going to go anywhere near making Jeff Bezos or who's ever number 400 on the Forbes 400 unable to be a big player in money in politics,. He says you can insulate the system from the effects of money with all kinds of rules about transparency and where the donations can go.

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