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Thomas Piketty Quotes: The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and 20s.
         

The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and 20s.


Thomas Piketty
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Other quotes of Thomas Piketty


Wealth is so concentrated that a large segment of society is virtually unaware of its existence.

Wealth is so concentrated that a large segment of society is virtually unaware of its existence.



We want capitalism and market forces to be the slave of democracy rather than the opposite.

We want capitalism and market forces to be the slave of democracy rather than the opposite.



It's important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.

It's important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.



When inequality gets to an extreme, it is completely useless for growth.

When inequality gets to an extreme, it is completely useless for growth.



Our modern democratic ideal is based on the hope that inequalities will be based on merit more than inheritance or luck.

Our modern democratic ideal is based on the hope that inequalities will be based on merit more than inheritance or luck.



No hypocrisy is too great when economic and financial elites are obliged to defend their interest.

No hypocrisy is too great when economic and financial elites are obliged to defend their interest.



Over a long period of time, the main force in favor of greater equality has been the diffusion of knowledge and skills.

Over a long period of time, the main force in favor of greater equality has been the diffusion of knowledge and skills.



Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers.

Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers.



At the heart of every major political upheaval lies a fiscal revolution.

At the heart of every major political upheaval lies a fiscal revolution.



I don't think there is any serious evidence that we need to be paying people more than 100 times the average wage in order to get high-performing managers.

I don't think there is any serious evidence that we need to be paying people more than 100 times the average wage in order to get high-performing managers.





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conscience is the window of our spirit, evil is the curtain

conscience is the window of our spirit, evil is the curtain



I did that Grammys thing - I did a little freeform poem.

I did that Grammys thing - I did a little freeform poem.



Female bonobos form a strong sisterhood. They rule through female solidarity.

Female bonobos form a strong sisterhood. They rule through female solidarity.



I didn't feel the need to have a lot of yes-men standing around me. As Mitchell Sharp once put it, the bigger the staff, the smaller the minister.

I didn't feel the need to have a lot of yes-men standing around me. As Mitchell Sharp once put it, the bigger the staff, the smaller the minister.



Faced with destruction, the Jewish people survived.

Faced with destruction, the Jewish people survived.



We assert that the subject is crucial and only that subject matter is valid which is tragic and timeless.

We assert that the subject is crucial and only that subject matter is valid which is tragic and timeless.



I'm always fully invested. It's a great feeling to be caught with your pants up.

I'm always fully invested. It's a great feeling to be caught with your pants up.



I cringe every time republican senators say, "our Democratic friends." Chuck Schumer, if he is your friend, it's a problem. I mean, it shouldn't be, but we know it is.

I cringe every time republican senators say, "our Democratic friends." Chuck Schumer, if he is your friend, it's a problem. I mean, it shouldn't be, but we know it is.



It's never too late to start heading in the right direction.

It's never too late to start heading in the right direction.




Quote Description


This page presents the quote "The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and 20s.". Author of this quote is Thomas Piketty. This quote is about inherited wealth, country, progressive taxation, income,.