'Let's Go!' Top Economist Applauds as Harris Signals Support for Billionaires Tax | Common Dreams
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An economist at the forefront of the growing global push for a billionaire wealth tax is welcoming news that U.S. Democratic presidential nominee Kamala Harris is embracing calls for a minimum levy on the United States' richest individuals.
  • rusticus@lemm.ee
    13·
    8 months ago

    In the 1950s the top marginal tax rate for couples filing jointly making over $400,000/year was 91%. Adjusting for inflation, that’s $5,200,000. Just to put our current tax structure in context.

  • demizerone@lemmy.worldEnglish
    51·
    8 months ago

    First stop Joe Rogan. Not a billionaire, but he is an ignorant little bitch.

  • faethon@lemmy.world
    3·
    8 months ago

    Sounds like a solid plan! I would be surprised if the public opinion here would be any different. There are no billionaires on Lemmy.

  • deltreed@lemmy.world
    24·
    8 months ago

    All talk. I have yet to see a single politician actually give the people what they want. She had 4 years to do it, and crickets.

  • yesman@lemmy.world
    15·
    8 months ago

    “Top Economist” is a funny phrase. Kinda like saying “leading soothsayer”.

    Don’t think I don’t have sympathy or respect for the economist. I just notice that it’s the only academic discipline that pledges and is expected to predict the future.

    Just like experts in criminal trials, economists can be selected to prove what you already know. And just like horoscopes, it’s all very convincing until you measure the predictions against reality.

    • LibreHans@lemmy.world
      3·
      8 months ago

      the only academic discipline that pledges and is expected to predict the future

      Huh? Ever heard of climate science?

      • Flying Squid@lemmy.world
        3·
        8 months ago

        Or even just astronomy. They can predict a comet’s position long before it gets to where they predict it will be. And they will be right.

    • hyperreal@lemmy.world
      3·
      8 months ago

      I have a PhD in economics. Saying that the field “pledges” to be able to predict the future is pretty disingenuous. You’d be hard pressed to find any serious researcher in the field with that level of delusion.