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by rayiner 2141 days ago
Billionaires are a byproduct of the market mechanisms that produces that wealth. They don’t “profit from it disproportionately” enough to justify messing with the system. (In the US, billionaires make only about 1.5% of total annual income.)
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> They don’t “profit from it disproportionately” enough to justify messing with the system. (In the US, billionaires make only about 1.5% of total annual income.)

What percentage does that equal on the lower end? You say it does not justify messing with the system, but what is that based on? What would you feel is an equitable distribution of wealth within a country?