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by mschuster91 850 days ago
> The fact that the richest 10 people ALSO have more than those 40% doesn't really add anything to it.

Oh yes, socially this point definitely adds to the discussion. Cap everyone's maximum wealth at 1 billion $ - that is more than enough for anyone and their descendants to never have to work a single day in life again - and tax and distribute the rest towards the poor.

You'd lift a massive amount of people out of utter poverty that way, while not even inconveniencing the fat cats riding on the backs of their employees - and you'd get a nice economic boost on top, like with the covid stimulus funds.