Row 9635

Row ID: 9635 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 9635 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

But the argument is being made is that is not in order to help the economy or government revenue. Mainly to reduce Gini.

> Heavily skewed wealth is objectively bad for the economy,

I personally think increasing wealth inequality is a big problem, but this statement seems very bold to me. A lot - and I mean a lot - of empirical evidence indicates that high tax rates comes with a trade off in form of less economic activity. Increasing taxing this much will very likely hurt the economy in some aspects.

(Also I hate the term "the economy" constantly used in here. Becomes extremely US-centric even if the article is about G20)

FieldValue
text But the argument is being made is that is not in order to help the economy or government revenue. Mainly to reduce Gini. > Heavily skewed wealth is objectively bad for the economy, I personally think increasing wealth inequality is a big problem, but this statement seems very bold to me. A lot - and I mean a lot - of empirical evidence indicates that high tax rates comes with a trade off in form of less economic activity. Increasing taxing this much will very likely hurt the economy in some …
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-20
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Raw Record

{
  "text": "But the argument is being made is that is not in order to help the economy or government revenue. Mainly to reduce Gini. \n\n> Heavily skewed wealth is objectively bad for the economy, \n\nI personally think increasing wealth inequality is a big problem, but this statement seems very bold to me. A lot - and I mean a lot - of empirical evidence indicates that high tax rates comes with a trade off in form of less economic activity. Increasing taxing this much will very likely hurt the economy in some aspects. \n\n(Also I hate the term \"the economy\" constantly used in here. Becomes extremely US-centric even if the article is about G20)",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5Lakw1T1JoR1NFT3lVZ3BzVXMtUE8ycXZWenJnaE13bFY5N0xtelE2S09LU09IaGkxaFdlODFUNTFab3FTcTNtSmw2R09LT3BmUHg0enRnek5WRlBlSm1LMUE9PQ==",
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}
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