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> if Gates, Musk, Bezos, Zuckerberg and Page had not had the wealth to create the businesses that made them billionaires, those businesses wouldn't exist Bulls
by ethbr1 1y ago
> if Gates, Musk, Bezos, Zuckerberg and Page had not had the wealth to create the businesses that made them billionaires, those businesses wouldn't exist
Bullshit. They would have all created those businesses as long as their personal financial situation improved through them.
Arguing that it takes 0.1% wealth payoffs to incentivize business creation is false.
Someone would do it for anything greater than average, if there were global minimums, and a tax structure that allowed corporations to retain capital was used.