this post was submitted on 26 Mar 2025
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You know who has the government's ear? Ultra rich people. And they feed the legislators the horror scenario that higher taxes would mean they take their money and all their business and all the jobs attached to those to somewhere with lower taxes. And then they won't get more in tax revenue while at the same time increasing benefits spending. It's the billionaires' lose/lose scenario. It's a powerful narrative. The only way to fix this is to have all countries adopt similar tax codes. And that is about as likely as Putin getting the Nobel Peace Prize.
Well, Putin is indeed very unlikely to get the Nobel Peace Price but not because war or not, Obama got it despite waging something like 13 wars including few blatant full-scale invasions.
Maybe he should try to bomb the Nobel comittee itself, who knows, maybe that would impress them.
Obama benefited from being barely in office in 2009 when he got the prize. I imagine the committee in Oslo regretted their decision later.