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A comment on The Lonely Life of a Yacht Influencer. Parent comment

Re:The Lonely Life of a Yacht Influencer by gamblor956 on Friday February 15, 2019 @02:27PM (#19173921)
For starters, the policy of favorably taxing rent-seeking capital gains rather than actual valuable labor or resource generation. Joe's spending was valuable to the economy. Your rent seeking behavior was not.
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Re:The Lonely Life of a Yacht Influencer by kbutler on Friday February 15, 2019 @02:46PM (#19174078)
Rent-seeking has a specific meaning, and that's not it. https://www.investopedia.com/terms/r/rentseeking.asp

Capital gains represent increase in wealth in the economy, whether taxed preferentially or not.

The example remains the same even with 0 capital gains: After 40 years, at 0 gain, I've saved 20 times my annual income to support my family through retirement. Joe has saved 0.

How much of of my wealth do I need to give him?

Equal opportunity + freedom of choice = unequal outcomes

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