01-05-2017, 01:44 PM
(01-04-2017, 12:57 AM)Warren Dew Wrote: Taxing the income of the elites is virtually impossible, though. Buffett pays an effective tax rate of less than one tenth of one percent.
And why is that? They have minimal voting power in a nominal democracy. Why can't they be outvoted?
In the long run, the alternative may be the French or Russian one. They may wish to give voluntary compliance some thought.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.