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Let’s think about government. How can bill gates be a billionaire without government? It’s impossible. There’s no way he can defend his empire. There’s no way
by h_tbob 2y ago
Let’s think about government. How can bill gates be a billionaire without government?
It’s impossible. There’s no way he can defend his empire. There’s no way he could have gotten his empire in the first place. It all rests on the strength government provides.
So you make a simple rule. Government requires 1% of net worth annually to protect your money.
If somebody steals from you, and you didn’t pay tax… your choice. He would pay. Everyone would pay.
Why would government do that? It’s the social compact. In order for the billionaire to keep his money, the government would require a fee to be paid to charity.
Not complicated. But as I said, we are still in the infancy of government. We are innovating faster now, but imagine innovating in government as fast as we do in Silicon Valley… that’s the goal!
- 15155 2y agoThe issue is not "all government bad," the issue is that generally government quickly expands to spend excessively on low/negative-ROI activities.