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by throwaway5959 1240 days ago
I don’t think those two are remotely related to each other. You could drain the wealth of the top 1000 people to zero and still not support a social safety net in perpetuity.

To put some numbers behind it, the 735 billionaires in the world are worth $4.7 trillion total. Spread evenly across only 300 million people that’s only $15.6k each. Then that money is all gone.

1 comments

You've created a strawman here.

First, a safety net wouldn't apply to 300 million people, only a small percentage of that who need it when it's necessary. Second, I'm not suggesting it is solely funded by taxing the megarich.

Other nations already offer healthcare. This isn't mathematically infeasible, it's been done elsewhere, and done for years.