Hacker News new | ask | show | jobs
by inigyou 23 days ago
Besides, modern market forces are central planning. Bezos central plans. So does Musk. So does whoever is in charge of Microsoft right now.

To avoid this you need a wide variety of small to medium sized businesses instead of a few large ones. A wealth tax may help this happen.

1 comments

What budget incentive does a wealth tax create for Congress when considering a non-tax policy that would reduce the wealth of billionaires by allowing more small and medium businesses to compete with them in their industries?
What is that non-tax policy?