Billionaires are destroying America’s social fabric. Taxation can de-incentivize accumulating that wealth in the first place.

The Morning News https://ift.tt/2p1fQR9

Children born in 1940 had a 90% chance of doing better than their parents did, whereas children born in the 1980s had just a 50% chance of the same. The steps of the income ladder are too far apart for kids to climb them, in other words.

↩︎ The Atlantic

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