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this post was submitted on 13 Aug 2024
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Totally agree. I'm starting to think that taxing the rich is one of the government's most important functions.
I think it might be worth it for them to do so even if they set the collected money on fire afterwards.
Otherwise your politics become this: billionaires "interviewing" billionaires.
It's literally regulation and that can be a good tool. It's what a government should ideally do. It can be weaponised of course, in both directions, like we are experiencing now.