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by galdosdi
753 days ago
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Whoa. That's a really cool idea. Have as much wealth as you want, but past $100mil or something we recognize it's not really just yours and it has so much gravity it affects society around it and thus, we still let you fully control it, but you must be fully transparent about it. I can think of a lot of shady investments people wouldn't dare make if total transparency was required. Or maybe you should be allowed to benefit from but not really control it. So above $100mil you have to put it in a blind trust or something. |
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Maybe it still strikes the right balance while being more palatable to implement than a real wealth cap.