8.30.2024

Taxes and Billionaires

I think the primary function of taxes should be to reduce the power of the super rich.

Wealth tends to pile up at the top. Eventually those at the top have all the wealth the need so they start using it to increase their power. 

Higher tax rates would limit their power.

Tax the rich!

As Much Power As the President: How Billionaires Became More Influential than World Leaders.

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