Mostly to start a discussion, I submit there is a serious flaw in Baker's retreat from wealth taxation to a gimmick like 'election vouchers'. It's the same flaw that arose when the overthrow of the Soviet state denationalized major industries by "granting stock" to the "public". The "stock" was purchased (largely) by former Ministry leaders whenever the first recession came and the Russian people could not eat "stock". I do not think you can keep real, serious, and unsustainable wealth divergence from polluting any electoral system, over time.
Combating the Political Power of the Rich: Wealth Taxes and Seattle Election Vouchers
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