Propositions:

1. Economic and political freedom of the individual are essential to human prosperity.

2. Redistribution of wealth is inevitable, whether by taxation or bloody revolution.

3. Markets are a good mechanism of innovation, not a good mechanism of redistribution.

4. Taxation is not regulation.

5. Extreme wealth inequality is undesirable, but moderate inequality is desirable.

If these propositions are true, then a fair and stable society could be achieved through deregulation of markets, while taxing the bejeezus out of the ultra-rich (eg inheritance tax + very high rate on passive income >1mill).

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