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EP 169 Roar Bjonnes on Growing a New Economy

The Jim Rutt Show

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Is There a Need for Progressive Taxation?

I think one of the ways to get rid of this finance crisis is a wealth tax cap on high income. Why should we only punish the poor and not the rich? I don't see that as so much necessary when we have a society that is restructured economically, then there will be less need for progressive taxation. But today, I think it is very important. We need to get the money from somewhere. Like you said earlier, why should the richest country in the world have tens of thousands of people living on the street? It's insane. And that money needs to come from somewhere to train people, to give them psychological care if that's what they need.

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