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Everyone always complains that if you raise taxes, rich people will "leave", with the assumption that only the richest can actually run productive companies, wh
by ambicapter 1y ago
Everyone always complains that if you raise taxes, rich people will "leave", with the assumption that only the richest can actually run productive companies, which obviously isn't the case. On the other hand, there must be some fraction of the truly richest that are just relentlessly good at accruing wealth, and not much else, no? Wouldn't you _want_ those people to leave?
- techblueberry 1y agoI think we have too many billionaires and not enough millionaires. I’ve seen growing arguments, even on the right about wealth inequality being an issue. Like specifically too much of the S&P 500 is tied up in 10 companies. And this video on a bro-podcast where a right wing marketer/economist talks about wealth consolidation: https://youtu.be/ajGmL1gus9A?si=5Vf4dW_7jtK8A5y2 https://youtu.be/ajGmL1gus9A?si=5Vf4dW_7jtK8A5y2 Specifically something like “I’m right-wing on income but not on wealth”