The Coronavirus

[Bob Butler 54]

(02-22-2021, 03:31 PM)pbrower2a Wrote: Henry George had his solution: tax the Hell out of easy money. Thus one (1) guts the inequality, and (2) gets the funds for a welfare state.

Yep.  We will see some of that this crisis.  I suspect come the awakening, we will see a lot more of it among the democracies.  As I stated above, the imbalance of wealth may become the biggest problem left.  After the stimulus package, the Democrats will have one more money and budget bill this year they can pass with a simple majority.  I wouldn't be surprised if it centered on Henry George's idea.

Among the autocracies?  What happens if the elites set the tax rates?  Henry George's solution becomes easy said.