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> Even a .5% wealth tax would start to keep founders away from a state or country that imposed it. In the US, health care is tied to employment for most people
by japhyr 6y ago
> Even a .5% wealth tax would start to keep founders away from a state or country that imposed it.
In the US, health care is tied to employment for most people. Many people are stuck in jobs they aren't particularly excited about because they need, or can't risk losing, their health care.
If a new tax structure allowed us to finally implement universal health care, how much innovation would that inspire? We have this notion that the freedom to acquire great wealth is the only driver of innovation. But covering people's basic needs is a great driver of creativity and innovation as well, possibly even greater.