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TopicJeff Bezos (Amazon) is now worth 0ver $150billion Bucks...
adjl
07/23/18 1:48:56 PM
#45:


Questionmarktarius posted...
And this is exactly why socialist states become authoritarian rather quickly.


You do need to have a certain degree of authoritarianism to effectively control the flow of money, yes. The challenge is to do so in a manner that doesn't hurt anyone, which is not actually impossible.

Questionmarktarius posted...
In the "wealth inequality" sense, that's not really a bad thing, no. In the "social programs" sense, it could be disastrous, as seen with France.


I would think that such a cap would be imposed in addition to taxes, rather than in place of them. Ideally, a cap like this wouldn't actually result that much wealth being redistributed by the government since, as you say, people would avoid working harder than was necessary to almost meet the cap. The wealth would instead get more naturally redistributed by having more players in a given industry to meet the global demand, in which case the same amount of money will still be changing hands (and therefore being taxed). It's just not being concentrated in one pair of hands.
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