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Re:Monopoly was invented to demonstrate the evils of capital... by blackflame7000 on Wednesday February 26, 2020 @07:38PM (#22429165)
>taxing the wealthiest to share with everyone results in the wealthiest having less than they would otherwise

No taxing the wealthiest results in the wealthiest moving their capital investments elsewhere.

Re:Monopoly was invented to demonstrate the evils of capital... by dTal on Thursday February 27, 2020 @03:58AM (#22431755)
This seems like an easily solvable problem, frankly. Gazillionaires don't tend to want to live in the tax havens they store their gazillions in because (surprise) they tend to be shitholes. So you just tax the movement of money in and out of the country - money is pointless if you can't spend it.

The reason this isn't done isn't because it's hard, it's because the foxes are running the chicken coop.

Re:Monopoly was invented to demonstrate the evils of capital... by Rury on Wednesday February 26, 2020 @07:57PM (#22429300)
If that's the case, then why don't we see capital always rushing to countries that have the lowest tax rates? Last I checked Japan has lots of capital investment, a large economy, a substantial wealthy class, and yet a high tax rate...