Ok. So what’s the cut off?
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If Paul's 15% was owned by the employees who created the value, no individual would be so rich, but everyone who contributed would be better off. If it goes on an inverse square root, there's no poverty at the bottom and the CEO is still many times richer.
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So what’s the number for too rich?
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This is a math problem. What's the number for too poor?
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There isn’t.
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Replying to @theSamParr @davelab6 and
Well there is a number for poor and it’s called the poverty threshold. we shouldn’t be letting people get past that.
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Replying to @EthanBaugher @Dom_Toth_ and
However the fact that we have both extremely poor people and extremely rich people proves that the system is not optimal. I am not proposing a ceiling.
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Replying to @EthanBaugher @sebastiaanhooft and
I don’t really consider this an attack on billionaires. More so a call out. They use their status to get what they want at a discounted price (subsidies, tax benefits/loopholes) whereas those with little or no equity have very little power to do so. they should pay their share
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Then those without who want should create.
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