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by analog31 2693 days ago
Personally, I don't go so far as to advocate abolishing billionaires, but I do favor a very high tax bracket like 80 or 90 percent to fund basic redistribution. This would not abolish billionaires, but would make it harder to become a dollar billionaire.

When asked why he robbed banks, Willie Sutton answered: "Because that's where the money is."

1 comments

Well, at least you understand that you’re robbing someone.
This is frankly an absurd reduction, and harmful to rational discourse. While arguing for and against it can be a helpful thought exercise, it's depressing how often I see it simply stated in indignation.
Not at all. Taxation isn't robbery at all. The tax system one of the institutions that makes it possible to create great enterprises in the first place.