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Source please. The research I've seen on this shows the opposite, eg the scandinavian model. Once you get past a certain level, the money itself no longer has
by jacknews 4y ago
Source please.
The research I've seen on this shows the opposite, eg the scandinavian model.
Once you get past a certain level, the money itself no longer has any meaning, it's more about keeping score. We should look for ways to satisfy that drive without sucking wealth out of the rest of society.
- Aunche 4y agoAll Scandinavian countries have billionaires. Sweden and Norway even have more billionaires per capita than the US. Scandinavian countries don't treat billionaires as policy failures. They merely have higher taxes across the board. In fact, the US tax system is actually more progressive because we don't have a VAT and much lower low and middle income tax brackets.