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A comment on Modeling a Wealth Tax. Parent comment
> Fourth, this effectively ignores that wealth is a thing that grows and compounds.
You absolutely will not "lose control at some point" so long as the value of your company/stock keeps pace with inflation + wealth tax.
It's the simplest, most straightforward reason this "modeling" is bunk.
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> Fourth, this effectively ignores that wealth is a thing that grows and compounds.
You absolutely will not "lose control at some point" so long as the value of your company/stock keeps pace with inflation + wealth tax.
It's the simplest, most straightforward reason this "modeling" is bunk.