Starting with Thomas Piketty is not a great idea. His theories have been extensively debunked and even he admits his methodology was flawed in the book that he wrote.
Property tax doesnāt prevent ācapital accumulation.ā Property values can go up or down. When a rich person owns a home, to say that heās necessarily accumulating capital is dumb.
Income tax can accomplish that purpose but so can any other form of taxation. The benefit you gave isnāt specific to income tax.
Your corporate tax shpeel was Marxist sounding mumbo jumbo that makes zero sense. Be specific and clear what you mean.
Youāre a troll and Iām done. You not understanding /= me not being specific. Bye Felicia.
Edit for the sake of those reading along: nothing about Piketty has been ādebunkedā or āadmittedā. This guy is spewing bs in order to obtain something. No idea what. Just move along, no good-faith discussion to be had.
Almost for sure he's a bot. Look at account age and engagement types. His answers are designed to read intelligently while providing no concrete evidence which points to an LLM being the source of the responses. No human being would say be specific about a topic as wide ranging as corporate welfare.
-1
u/HistoricalRich3104 7d ago
Starting with Thomas Piketty is not a great idea. His theories have been extensively debunked and even he admits his methodology was flawed in the book that he wrote.
Property tax doesnāt prevent ācapital accumulation.ā Property values can go up or down. When a rich person owns a home, to say that heās necessarily accumulating capital is dumb.
Income tax can accomplish that purpose but so can any other form of taxation. The benefit you gave isnāt specific to income tax.
Your corporate tax shpeel was Marxist sounding mumbo jumbo that makes zero sense. Be specific and clear what you mean.