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by happytoexplain 2553 days ago
You could fund the entire federal government for half a year with the wealth of only the top 100 people in the US? That's mind-blowing, and makes me way more optimistic about the practical effect of taxes on extreme wealth than I have been.
1 comments

After that first year there would be no one left to tax, so how would you sustain your government's revenue long term?
No one left? Only 100 gone!
Yeah, so then let's eliminate the next 100, and so on and so forth until everyone is penniless.
As the money hasn't left the system, this will never happen.
Yes, everyone will eventually be equally poor and dependent on the government. Sounds great