this post was submitted on 22 Oct 2026
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Progressive taxation on wealth and income
Wealth and power still consolidate to use that wealth to influence governance to reduce and remove taxation on wealth.
Karl Marx observes in Das Kapital the capitalist always seeks to capture government and undo taxation and regulation. And as profits trickle towards the capitalist their influence on officials increases, accelerating the flow of gains, which grows at an exponential rate.
They can seek what they want. There's no need to give in