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> Another reason we should tax them is that so few should really not be making the decisions for that much capital. Now apply that same logic to the US governm
by ggreer 5y ago
> Another reason we should tax them is that so few should really not be making the decisions for that much capital.
Now apply that same logic to the US government. If you divide the federal budget by the number of elected officials, each one controls over $7 billion of income per year. The amount of wealth they control is far higher than all the billionaires in the world combined. In addition, they create laws that are backed by the threat of violence. They also capture wealth through taxes, which if I don't pay, will cause men with guns to come to my home and put me in a cage. I didn't agree to any of this and there's no way I can opt out of it.
I'm not worried about billionaires pulling me over and putting me in handcuffs, or telling me who I'm allowed to marry, or what substances I can use in my own home. I'm not worried about billionaires taking my money to fund armies and spending decades invading random countries in the middle east. I'm definitely not worried about billionaires restricting where I can travel or what business transactions I can engage in.
If I have to choose between the government controlling more of people's resources or less, I'm picking less.