Friday, April 04, 2014

Chicken and egg problem

I'm a little confused why the big blogs of left blogistan are so into Alex Pareene's idea that progressives should focus on expropriating the wealth of the super-rich rather than trying to regulate their campaign donations. Putting aside the relative merits of expropriation, isn't it obvious that a 70 to 90% tax rate for super-wealth will never pass because of the super-richs' campaign donations?