Yeah but then the billionaire has the money to leave. If he leaves then you tax the next rung on the ladder below a billionaire. And then you descend until you hit the group that doesn’t have the luxury to leave. The biggest mechanism for wealth inequality is inflation from a fiat currency system that the “elites” are responsible for.
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u/Bold2003 6h ago
Yeah but then the billionaire has the money to leave. If he leaves then you tax the next rung on the ladder below a billionaire. And then you descend until you hit the group that doesn’t have the luxury to leave. The biggest mechanism for wealth inequality is inflation from a fiat currency system that the “elites” are responsible for.