SS: Paul Krugman discusses the dangers of wealth concentration and policy proposals to address it. Posted by farrenj
mostanonymousnick on July 24, 2026 6:30 pm >A few hundred billionaires, around 0.0002% of the adult population, have a combined wealth equivalent to approximately 20 percent of GDP. Urgh, he’s doing the thing Zucman also does, comparing a stock to a flow for some reason.
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>A few hundred billionaires, around 0.0002% of the adult population, have a combined wealth equivalent to approximately 20 percent of GDP.
Urgh, he’s doing the thing Zucman also does, comparing a stock to a flow for some reason.
Remember: LVT is a progressive tax.