West Germany’s postwar Burden Equalization wealth tax led to larger reduction in top 1 % wealths share than war damage. But it was also structured so as to be payable out of income and thus left structure of privilege intact. Chartbook #117
adamtooze.substack.com/p/chartbook-11… https://t.co/Aqv9zMwAaB
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…