@cshentrup @sjwrenlewis i’m all for the transfering flat, UBI, universal benefits generally. i’m all for Pigouvian taxes. but i don’t think Pigouvian taxes will disinflationary enough to match the stimulus of sufficient flat transfers, and I think extraordinary wealth itself has terrible externalities in terms of political power and class stratification, so progressive taxes are themselves properly understood as Pigouvian, among other virtues.