alt Hacker News> I could perhaps get on board with a hard cap on wealth, for preserving democracy.
Well, a progressive (also wealth?) tax should help to accomplish that.
> I could perhaps get on board with a hard cap on wealth, for preserving democracy.
Well, a progressive (also wealth?) tax should help to accomplish that.
What I am trying to disagree with, is the notation that it is unfair if high-earners and very-high-earners hand the same proportion of their wealth and income over to the government.
My take on the wealth-cap is that it isn't about fairness at all. Actually I think it would be mostly unfair, but that it would be good for society anyway. Fairness is an important value, but it is not the only value.