alt Hacker NewsAlright, but I really would like to hear your solution for the next question ;-).
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coldpie • yesterday at 8:39 PM
Sure. Turn it into a public company with a board, sell the shares to reduce any individual's ownership stake to <$100M.
Alright, but I really would like to hear your solution for the next question ;-).
Sure. Turn it into a public company with a board, sell the shares to reduce any individual's ownership stake to <$100M.
I'm sure there are plenty of creative ways to have the general public reclaim the excess wealth. How about a public mutual fund where every citizen owns 1 share. Every year on tax day, all personal holdings over $100M (or whatever the threshold is) are seized and ownership is transferred to that fund.