An Open Letter to Historian Rutger Bregman (Revised)

Dear Mr Bregman

At the 2019 World Economic Forum in Davos, you have attracted quite a following for your fervent advocacy in favour of high taxes on the rich. In your view, philanthropy is “stupid” in so far as the rich refuse to pay their fair share. Referencing the 1950s post-war era in the United States when marginal rates were 90%, you also posited that economies can…