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We may be having completely different conversations. When people like me say the billionaires ought to be taxed more, we're not complaining that "people richer
by sangnoir 4y ago
We may be having completely different conversations. When people like me say the billionaires ought to be taxed more, we're not complaining that "people richer than us" exist.
> If you drive a Civic or a Ferrari, you still arrive to your destination in about the same amount of time
We're on the same page on the diminishing marginal utility of wealth[1].
> If you can't afford a car and have to take a bus it takes you 2-4x as long.
Perhaps if we taxes the billionaires at the same rate we tax those earning $240k, we could afford to improve bus services so it only takes 2x as long.
1. Incidentally, I hold that to be a strong an argument for higher-than-average tax rates for the ultra wealthy - but that's an argument for another day