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Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
There are ways to justify this (decreasing marginal tax rates are consistent with optimal tax theory, as you get the incentive effect without the reduction in revenue on the hours that people would work anyway), but in general I'm kinda worried about tax policy being driven by memetics. Becomes a complexity nightmare.
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MM
@listen2mm.eth
It’s not just memetics, it’s an empty promise and/or a policy that is theoretically good for the working class but will be abused by the upper class in practice
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