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Hmm. I think you might be right. At least, we should not predict that the tax burden will be successfully passed along to Warren Buffet. I mean, it would be a m
by bee_rider 2y ago
Hmm. I think you might be right. At least, we should not predict that the tax burden will be successfully passed along to Warren Buffet. I mean, it would be a massive change to a very dynamic system so I don’t think we should make any confident predictions.
I dunno. The existence of Warren Buffet-s is something that a lot of people object to. But, I think if the very rich exist, but are not hoarding the gains of natural resources too much, it isn’t really a huge problem. If he gets a bunch of money through making good calls as to which businesses will be productive, that’s good for society as a whole. As long as that productivity doesn’t come from extracting rents.