3 ms·
It's a problem of success though, right? Assuming that you are incredibly successful, you may need to contribute a bunch of money (mostly from interest, not pr
by disgruntledphd2 6y ago
It's a problem of success though, right?
Assuming that you are incredibly successful, you may need to contribute a bunch of money (mostly from interest, not principal) back to the common good.
I really don't see Mark Zuckerberg (as an example) deciding not to create Facebook because if he was incredibly successful he'd have to pay a wealth tax. It just doesn't strike me as likely at all.
This is (sadly) Paul Graham taking a valid argument and turning it into a reductio-ad-absurdam.
- jpadkins 6y agothe point is Mark Zuckerberg wouldn't do it in California if there was a wealth tax. Not that he wouldn't do it all.
- disgruntledphd2 6y agoI dunno, to be honest. If the Bay Area remained the same, modulo any wealth tax, then he'd probably still have come there for the talent. It's not like he believed he was gonna end up a billionaire when he moved FB to California.