bizdiz
Hope it keeps me from falling for such traps in the future. Let me know how you managed to get out of such situations or if you had any tips to handle them.
In my case it was the first. I did enough research and was very clear on the pricing and product, i improved on my negotiating as i visited 3 showrooms and then when i went to this 4th show room "don't mistake courtesy for friendliness" this happened and i ended up spending $2K more that i should have. He talked to me in a very nice way taking so much care about how i would like and i just gave into it as i was tired that day and already was shopping for the product for a month and just wanted to close the purchase.
Ask HN: How to protect oneself from trained sales people?
This is one of the possibility but not definite.
>> Unfair - Who takes the extra wealth? Politicians? Because they are honest and aren't wasting public funds.
The maker of the wealth can still keep the extra wealth but not as his own net worth or personal wealth and is not supposed to use it for his own benefits. Like even 1% of the wealth beyond cap should not go for his own benefit and instead should be forced to be used for the benefit of others.
LOL, no definitely not politicians, that would lead to the cobra effect.
Not suggesting simply one should hand over money above cap to others and forget but just not simply keep benefiting from the wealth beyond cap. Like making $1M and buy one home and then make $1B and then buy 25 homes. That sounds unfair at a global scale for a small amount of unfair at individual level.
>> Or worse, they'll limit their efforts to match the cap.
I don't think those who reach the cap would be narrow minded to limit below cap and i think they would simply keep going beyond cap for the greater good at least as they seem to project their image.
Why would they limit from cap, if they can find a way to make money they can still keep making money. Only thing is they cant simply use it for their personal benefit and all the money they make beyond cap should be used for other's benefits, its not unfair because they did not make all their wealth on their own individually, so many people bought products in amazon and supported their business for example.
Even now the wealthy individuals seem to be making such investment for others benefits in terms of charity but it seem to be a very personal choice which they can deny at will or very less to make any meaningful impact or goes in a skewed direction.
If such a rule is accepted globally, what would be a right number to set as cap?