122. Rents to sovereign funds are climbing but currently at 1.5%
123. Annual rent on natural resources is currently just 5% - page 459
124. Wealthy residents of rich countries are hiding assets and making trade balance appear negative when it isn't -- page 467
125. Piketty calls for a global progressive tax on capitalism, but then dismisses it as utopian himself -- page 471
126. Share of taxes as part of national income rose 3-4X post WWI -- page 476
127. Welfare spending is small -- page 478
128. Growth of social state accounts for growth of state spending -- page 479
129. Tax rates are regressive for top 5% - page 496
130. Absence of progressive tax implies support for globalized economy. Countries with tax cuts at top have most income inequality -- page 508
131. Executives fought for huge raises only after 1980, when tax rates were lowered from 80-90%, but reductions in top rates have not stimulated national growth, just the opposite has occurred -- page 510
132. Growth rates the same in U.S. and Europe over past 3 decades -- page 510
133. U.S. growth rate higher 1950-1970 then from 1990-2010 -- page 511
134. Incomes of over .5 -- 1 million should be taxed at 80%, says Piketty - page 513
135. In favor of Real Estate taxes -- page 517, but Piketty vastly understates revenue from this at only 1-2% of national wealth
136. Global wealth tax would force reporting of assets -- page 520 and this should be automated -- page 521
137. Force all banks globally to report holdings.
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