Monday, April 28, 2014

PIKETTY'S PEOPLE: the income inequality struggle isn't at the bottom -- it's at the top.
The richest of the rich (a Warren Buffett, say, or a George Soros) also have a vested interest in making sure that in making sure that their position at the top of the heap is not challenged by wannabe magnates. Higher taxes (which they can easily afford) would be a small price to pay for keeping the not quite so wealthy riffraff out. And that’s a good part of why they fund what they fund and why they vote how they vote.
They're having a hard time because those wannabes are so damned inventive.

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