Re:Coinbase lays off around 1,100 employees
by fairity on Tuesday June 14, 2022 @03:09PM
(#31744468)
> Will a CEO work less hard if he (and his peers) can only ever gain $100M in net worth before a wealth tax on assets kicks in?
Yes. You would increasingly see founders depart their companies as soon as a heavy wealth tax kicks in. It’s difficult to prove that this would have large net negative impact on overall well-being, but I imagine it would.
Yes. You would increasingly see founders depart their companies as soon as a heavy wealth tax kicks in. It’s difficult to prove that this would have large net negative impact on overall well-being, but I imagine it would.