points by reliabilityguy 1 day ago | 0 comments
This is not the question I asked. I asked how and why would it be better for the rest of us?
For the record, I’m not necessarily opposed to the idea of taxation on the wealthy, but I want to understand why having no rich is better for everyone.
Extraordinary claims, etc
[–] alistairSH 1 day ago
[–] reliabilityguy 1 day ago
> adjust tax/accounting laws to prevent the accumulation in the first place
Yes, I agree with this one. Some sort of reform on estate and inheritance is long overdue.
[–] alistairSH 1 day ago
That, and something to "force" payment in cold-hard cash instead of stock.
I'd also note that I would prefer to adjust tax/accounting laws to prevent the accumulation in the first place, not just roll out a blanket "take everything over a billion-ish law" as that feels more like a band-aid than a fix.