"We were able to tax the rich for a generation after World War II, a generation during which the U.S. achieved the best growth in its history.
"too many politicians don’t want to collect taxes on the superrich, because the ultra-wealthy have used their wealth to achieve immense political power.
"It’s a vicious circle. And whatever you think of specific proposals for...reining in America’s billionaire class, we had better take action before it’s too late.”
https://paulkrugman.substack.com/p/the-ultra-rich-are-different-from
