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There is a strong moral case for a wealth tax

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and one can see it in Nick Kristof’s New York Times column today.

Allow me to offer a framing, if I may, before getting to the column.

And this will NOT be about limiting the influence of excessive wealth upon our political processes.

That is an argument for another posting.

Rather my framing is this —  excessive wealth leads to obscenely gross conspicuous consumption whose purpose is merely to flaunt wealth, and in the face of those who lack the very basics of life and health, that is immoral, obscenely so.

Kristof’s column is titled The World’s Malnourished Kids Don’t Need a $295 Burger and has a subtitle of “A quarter of the world’s children are stunted from inadequate diets.”

One quarter.