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by dionidium 2820 days ago
> but those are things it's not really worth buying multiple of (e.g. houses, super yachts)

Don't think consumer goods. Think:

* own and run a professional sports team

* spearhead a transit project in your hometown

* build 100 libraries with your name on them

* influence politics for a generation

* fund the cure for the rare disease that killed your mother

If all you can think to do with a few billion extra dollars is buy more consumer goods, you're not using your imagination.

2 comments

Is that supposed to be the majority of people that make that much money though? I think that's a small minority of people that are billionaires or close to it. When talking about incentives, I don't think most of those are really a huge draw.

And for the philanthropic ones, are you really going to say, "well, I better not stop now, because a few hundred million might not be enough..."?

There are plenty of things that huge amounts of money can be spent on, but I think in most cases those aren't things most people are specifically interested in. At least not enough to ultimately sway their opinion about leaving early.

> spearhead a transit project in your hometown

> build 100 libraries with your name on them

> fund the cure for the rare disease that killed your mother

Tax them at 90% and the government can and should do that all for them.

I like Jimmy Kimmel's proposal to tax the richest person in America at 90%(something along those lines). This way everyone at the uppermost top gives away more money in the process of avoiding the number 1 spot.
Or, you know, they could not try to make money in the first place.