I’m really confused about this one. I have spent a lot of time the past few years with billionaires. Like, traveling the world with one in particular.
Serious politicians building a brand on a wealth tax indicates that a significant populist contingent wants to strip-mine the American dream, and that’s depressing enough. But worse, imo, is that so many of these people think human beings are fungible — how do you live like this?
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I’ve known him since he was a mere multi millionaire. And he hasn’t changed in any material way as I watched his wealth grow after the IPO and as the stock continued to multiply. He passed the threshold of countable material wealth and after that he stopped even looking.
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Why are people so freaked out by a wealth tax? Switzerland, that haven of confiscatory communism, has a wealth tax!
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If humans are interchangeable and you succeeded and I failed, it's not due to anything you nor I did. It's just randomness or luck. Therefore, it's morally justified to use force to take the fruits of your labor and give them to me. It all fits together quite neatly.
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Read your profile prior replying. Well done!
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Who are you? You're brilliant.
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I see so many people being rewarded for that kind of corrupt belief.
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What is the American Dream of which you speak? Describe it in basic terms, and then make your point. Because I hear strip mining, and butchered milk cows and it sounds horrible, but not in the way I imagined.
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A wealth tax also means that the founders, who really care about their company and employees, lose control of their enterprise to financial managers primarily concerned with quarterly and annual reports. Expect bad business decisions and lots of layoffs.
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