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by FrustratedMonky 1041 days ago
It is a slippery slope. I grant that. What is 'equal' is pretty difficult to nail down, and means different things to everyone. So guess, it is correct to want to define it up front. I took the tone wrong.

If the 'Rich', can buy power, or inherit wealth. Then they didn't really 'earn' it 'equally' or 'fair and square'. Are they equal? They seem more than equal. Their wealth can't simply be taken away so that they start out 'equal'. In an extrema, we could have 100% inheritance tax, so all children start out equal. That would never work.

Yet today we have the extrema the other way, the rich pass along such exorbitant wealth to their heirs that it creates like 'icebergs of capital' in the economy that don't really produce anything, these people aren't driven. Spending money on another dozen mansions isn't producing the next technology breakthrough.

I'd argue for some basic minimum of equality. Equal schools, equal access to knowledge. Maybe even a basic income, so everyone knows they can eat and not starve. And yes, do need to tax the rich, to free up their capital to put it back into circulation.