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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST
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To: Maurice Winn who wrote (117552)4/10/2016 3:01:32 AM
From: elmatador1 Recommendation  Read Replies (1) of 217740
 
I read Thomas Piketty when I was in Saudi Arabia back in 2014, The book is about inequality how the rich keep getting rich and poor poorer. And now with the Panama Papers, it becomes clear the mechanism. Picketty advocates in his book the taxation of the rich to equalize income.


But If government gives the wealthy a tax cut, that money does not circulate into the economy. It is funneled to a tax heavens. When governments says> money will trickle down, do not believe, money does not trickle down. Money fly away! Now do like me: Get the 700 page "Capital in the Twenty-First Century,"and read ti cover to cover
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