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> A wealthy person may "lose" if we tax them more, but that isn't breaking their window, that's balancing who gets what... But this is after tax income that th
by UncleEntity 8y ago
> A wealthy person may "lose" if we tax them more, but that isn't breaking their window, that's balancing who gets what...
But this is after tax income that they're just spending however they wish. The same arguments were used in the recent article about the superyachts where people were saying society is broken because someone can actually earn enough money to buy one of those things.
I'd much rather have Bill Gates spending his wealth on whatever philanthropic projects he deems worthy than the city taxing me to renovate the baseball stadium down the street "for society".