I'm a beginner at economics and keep finding myself in the left wing socialist bubble where everyone seems to say that taxing the rich will solve/will begin to solve all our problems.

    From what I know and am taught about inequality it really does seem the case, but is it actually possible to do so? In the UK the Green Party rhetoric is 1% on a higher tax bracket but as enticing as Zack Polanski makes it out to be it seems like the general sentiment is that it won't work.

    Has there ever been a way historically that was able to transfer the money from the rich back to the people? Is tax even the right way to do so? (i.e. attempt to block off tax evasion)

    Would really appreciate any insights from any stances and opinions as well as any further readings

    Is it actually possible to tax the rich?
    byu/Janiece_nerd inAskEconomics



    Posted by Janiece_nerd

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