Taxes should be doing this. Progressive taxation should be uncapped, when you pass some threshold of "this is more than you need in the lifetimes of you, your

Taxes should be doing this. Progressive taxation should be uncapped, when you pass some threshold of "this is more than you need in the lifetimes of you, your partner, your next-of-kin to all live a life of unparalleled luxury" then it should escalate up to 99%, and if you pass some really obscene threshold equivalent to a small country's GDP then let it go to 100%. Wealth taxation should be effective. No individual needs to own land area equivalent to a city, or housing and art assets of a disproportionate nature. And on the flipside... income taxation can be lowered if we're more effectively taxing wealth and the obscene earnings. Instead we could encourage far more social mobility and the growing of a far larger middle-class. Tax low earners and those without wealth nothing at all, and tax the middle-class only a little. This opinion won't resonate on HN, but modern society has become so effective at extracting money from people and enriching a few, and rent-seeking as a business model so prevalent that it does feel we're at risk of putting future generations in a serfdom role that had taken hundreds of years to get out of. This is all distinct from what's happening in Ukraine and with sanctions, this is just an opinion about what's happening in the World at large.