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We have that already and it's called taxation. What would change would be that it would include a wealth tax that goes to 100% after that threshold. Oh, but d
by david927 5y ago
We have that already and it's called taxation. What would change would be that it would include a wealth tax that goes to 100% after that threshold.
Oh, but don't worry. Greed is such an amazing motivator that it wouldn't take a decade before we accomplished meeting those basic needs.
- andreilys 5y agoSo if you have a private valuation that exceeds $25M you’re forced to somehow pay, even when all your wealth is locked up in illiquid company share?
- AnIdiotOnTheNet 5y agoShare ownership can be transferred.