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>The problem with saying it’s the tax code is that there are so few else who also became that rich The whole point of the article is that there are more ultra
by crdoconnor 9y ago
>The problem with saying it’s the tax code is that there are so few else who also became that rich
The whole point of the article is that there are more ultra wealthy now than there ever were before.
>Personally I think it’s luck
So what, some people are just luckier now?
- ben_w 9y ago> So what, some people are just luckier now? Yes. Partly. Peak relative wealth — or the specific Gini coefficient — is not something I would expect to be constant, but is something I expect to be modified by social policies more than tax rates: what the money is spent on is more important than how much is raised.