Five richest men double their money as poorest get poorer

Re:Five richest men double their money as poorest get poorer by admissionsguy on Monday January 15, 2024 @07:26AM (#39000062)

> I totally fail to understand why this is a polarizing issue as 99.5% of people are on the same side of the threshold...

Because people who think like they deserve a piece of private property of someone else, when they get to power, are never satisfied with going just after the richest. They eventually imprison the whole society in a dark, Soviet reality. Someone should introduce an economical concept for this.

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Re:Five richest men double their money as poorest get poorer by dukeyukey on Monday January 15, 2024 @07:31AM (#39000106)

Every single functional state-society there has ever been has included a "claim" on private property. Usually through taxes, tariffs, tribute, or something similar.

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Re:Five richest men double their money as poorest get poorer by tyfon on Monday January 15, 2024 @07:34AM (#39000144)

Du you have any historical examples of taxation policies resulting in a "dark Sovjet reality".

I'm actually curious here.

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Re:Five richest men double their money as poorest get poorer by xgb84j on Monday January 15, 2024 @07:31AM (#39000103)

There is difference between expropriation and fair taxation. The problem as far as I can tell are tax loopholes that you can only abuse above some wealth threshold.

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Re:Five richest men double their money as poorest get poorer by Yoric on Monday January 15, 2024 @07:45AM (#39000235)

Would you consider Canada, France or India to be Soviet realities?

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