23sec snip

"Econ 102" with Noah Smith and Erik Torenberg cover image

Fixing the US Economy: the Debt, Inequality, Biden/Trump Economic Predictions

"Econ 102" with Noah Smith and Erik Torenberg

NOTE

Productive Investment and Wealth Tax

Wealth tax impacts individuals differently based on their ability to invest productively. While Jeff Bezos can recover from the wealth tax by investing productively, his wife may not have the same opportunity. By taxing the wealthy, the economy shifts focus from less productive individuals who simply inherit or lose money towards those who invest productively.

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