actually he sez nothing about wealth at first
only about thos making a higher income
"... you never do find conservatives arguing that we shouldn’t worry about higher tax rates on the rich, because they’ll just work harder to be able to afford those luxury goods;"
i read that and immediately jumped
he really needs to think on this more
especially if he accepts the berger moral law
"accumulate accumulate "
why penalize big earners
they are potentially fast accumulators ?
but just as i'm about to huuurumph
and shout "hit wealth not income idiot "
comes this :
".. a higher inheritance tax probably expands work effort,
because it would force the Paris Hiltons of this world
to go out and get real jobs."
fair enough
but hacking at wealth on a regular basis
might accelerate social accumulation too ...eh ?
the good old effects of wealth on spending and earning by saving
share a conflict of motives with job earned income
at any rate
hit wealth not income
