I’m saying that absurd wealth is exactly that: absurd. Wealth, especially extreme wealth, is to a large extend self perpetuating and not reliant on individual p

I’m saying that absurd wealth is exactly that: absurd. Wealth, especially extreme wealth, is to a large extend self perpetuating and not reliant on individual performance and relies instead on redistribution from below to exist. As such it should be taxed out of existence. My personal preference for that would be a very high inheritance tax, including on trusts and foundations, because it retains a decent motivation for wealth creation and allows to pass on a large number of intangible benefits (education, etc) to one’s children.