> You can look up economic studies on the marginal utility (satisfaction/benefit) of wealth for an individual, and it’s absolutely the consensus that it decline

> You can look up economic studies on the marginal utility (satisfaction/benefit) of wealth for an individual, and it’s absolutely the consensus that it declines rapidly the more you have. They are all based on complete and utter misunderstanding of what 'marginal utility' means. If Jeff Bezos is planning to cure old age with his 1 Trillion dollars, then the marginal utility of an additional $100 million for him would be a lot more than to an underemployed barista with a $100k debt which will be wiped off with that money whereas Bezos would get to live forever with that money. So which one has a higher marginal utility, that $100 million for Bezos or it given to other individuals. That doesn't mean that the study should have asked what they wanted to do with that money, but that these things aren't comparable at all to each other. This is just a roundabout way to justify taxation.