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I agree. Picketty is too tame. If those billionaires' wealth has risen from $200 billion to $1.2 trillion from 2010 to 2024, that implies an annual growth rat
by alejohausner 2y ago
I agree. Picketty is too tame. If those billionaires' wealth has risen from $200 billion to $1.2 trillion from 2010 to 2024, that implies an annual growth rate of 13%. Hence a YEARLY wealth tax of 10% would still leave room for growth.