"The Tax Man Cometh... Uh-oh. He's French!"
Imagining the impact of Piketty's global tax on wealth. "But put political considerations aside for a moment. How might such a proposal work? Would it really help reduce inequality? And would it do so without causing more harm?...A wealth tax could affect the economy in many ways, but it's hard to be certain about how....Could governments use the revenue wisely? Could they even collect it? Many will find those propositions hard to believe. But Piketty himself admits the proposal is 'utopian.' The point is to emphasize the need for bold, dramatic efforts to combat inequality. And that's something that shouldn't be beyond the political imagination." Danny Vinik in The New Republic.