[pessimizer]

Why can't you make the same argument about not paying taxes on any accumulation of wealth? Everybody can come up with a way they "earned" it with a bar as low as this, where simply existing in your house is actually heroic work and value generation.

[motohagiography]

Several dozen generations of nations of native peoples may like a word on that. Yes. When you are somewhere, what you bring to it is the value of that place. Newcomers grow it and may increase the value, maybe even drive the residents off as they have, but it was the stewardship of the residents that made it inhabitable in the first place.

It's a lot like founder and startup equity in a way. Is it more fair for people who arrived with money and grew something to reap more benefits, or the people with time and sweat equity who took way more relative individual risk?