Post #2514309
2026-05-11 15:14 UTC
@grumpybozo@toad.social @bignose@theblower.au And if government instead spends that money on other things (say housing, or drug treatment services, or public transit, or …), then there’s disproportionate inflationary pressure on those goods and services. The money isn’t taken out of circulation.
Regardless, my point is that simply making billionaires impossible has value, regardless of what (if anything) is done with the tax collected from people who would otherwise have become billionaires.
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