Five richest men double their money as poorest get poorer

Re:Five richest men double their money as poorest get poorer by xyzzy123 on Monday January 15, 2024 @07:54AM (#39000326)

Or apply increasing "drag" as wealth accumulates, i.e, wealth taxes, maybe starting at a few bps once you have $100m.

Throw in some social accolades / parades / public acclaim for people who pay the most taxes.

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Re:Five richest men double their money as poorest get poorer by riskycodes on Monday January 15, 2024 @07:58AM (#39000361)

I have been considering the latter (accolades and/or naming things after tax-payers) as something that is severely under-utilised in most places.

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Re:Five richest men double their money as poorest get poorer by xenonite on Monday January 15, 2024 @07:58AM (#39000362)

Charity yields higher appraisal, while reducing taxes. Though this has the benefit of letting better decide what is done with the money.

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Re:Five richest men double their money as poorest get poorer by Armisael16 on Monday January 15, 2024 @08:15AM (#39000576)

Historically speaking the things the rich think are worth spending money on haven’t lined up with what society thinks is best all that often.

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