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I'm not sure that it is possible to analyze this, but I'd like to see a breakdown of the >$10 million net worth range based on whether it was earned in America
by PowerfulWizard 8y ago
I'm not sure that it is possible to analyze this, but I'd like to see a breakdown of the >$10 million net worth range based on whether it was earned in America or not. You can change the American tax code all you want, but if it is only being used as a storage system (due to a good track record of stability and maintenance of property rights) then I'm not sure it will have much of an effect. For example, I think Venezuela was basically looted over the past few years, and I'm sure a lot of that money went into i.e. Florida real estate. I wouldn't credit any study of the super rich that is only looking at one country.
An as far as using post-WW2 as an example, I'd like to see an example of a way to reduce inequality that doesn't involve killing millions and destroying Europe.