Covid-19 Provides All the More Reason to Tax the Rich

bostonreview.net

19 pointslilrhody5 comments

You can't tax the rich. They'll simply move to another country.

Where to? China, Europe? I assume the tax is on capital gains and income taxes.

The US has some of the highest salaries worldwide, yet is still lagging to other nations in terms of wealth tax. Also, they cannot escape the US gov. if they have foreign assets either.

Arguably, covid 19 provides all the more reason for suckers to pay more taxes than they have to.

And what may I ask is the argument you allude to?

It’s no coincidence that the time of WW1 was ripe for conflict.

I’m certain that the socialist movements of the early 1900s had its roots during the wealth accumulation by industrialists and a imperialism.

Europe’s World War 2, of course, had its roots on inequality at a national level (Germany).

Maybe it’s time for another world war? The effects would be devastating, but I feel it’s inevitable.

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