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Comment by adjejmxbdjdn

3 days ago

That’s unfair to Milton Friedman who, unlike the America. right wing retelling of his economics, would likely be aghast at the modern levels of inequality and concentration of power.

He did support what was basically progressive taxation, but suggested structuring it as a negative tax, where instead of increasing tax rates with income, you had a flat tax rate with minimal deductions, but you imposed a negative tax as you went down the income ladder.