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points by awareBrah 1 day ago | 0 comments
Tax consumption not wealth. Like high percentage for 2nd homes. Yachts. Bentleys. Stuff like that.

Who cares about paper millionaires. Just tax consumption not paper wealth.

[–] NietzscheanNull 1 day ago
The problem with that is that consumption doesn't scale remotely as fast as wealth. Wealth would still continue to concentrate.