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by Dylan16807 20 days ago
That sounds like a one-time thing. Once things stabilize you wouldn't see a big fluctuation every time a CEO has to pay taxes.

Also normal people and the mildly rich and retirement funds and many other big sources of ownership wouldn't be taxed, so I don't see prices actually crashing.

1 comments

>That sounds like a one-time thing.

Repeatedly pushing the "destroy the world economy" multiple times per day is most likely not going to be a "one-time thing". But who knows... maybe you're right and economics doesn't work like it has been documented to work by the world's experts for the last 100 years or so.

Because that's not what the button does...

Especially because every push shrinks the number of people affected by the button.

If your goal is to reduce the number of rich people this way, boy are you going to have a rough time.