As you said a wealth tax would be needed, as opposed to income tax.
As you said a wealth tax would be needed, as opposed to income tax. Taxes always have some optimum level: a point where benefit to society as a whole is maximized. Too high, and indeed investors / entrepreneurs could move away. Too low, and society leaves money on the table that could be better used elsewhere. The simple fact that a society allows individuals to amass $100B+ (or even a 'mere' $1B) shows that wealth taxes are below what's optimal. If existing at all. It doesn't matter if wealth is stuck in assets, it's still society-distorting / corrupting power. There's no benefit to society to have individuals sit on say, >100x the wealth of average folks. Let alone 1000x, 100,000x or even higher. So why is there no such wealth tax? Answer that question (in depth!), and you're getting closer to fixing the problem.
Posted by RetroTechie on Jun 5, 2026, 4:42 PM
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The biggest problem with MOND is that it was hand-crafted with additional parameters simply to fit the data.
(My comment is about detached houses).
The biggest problem with this is that I can't run my company's own internal benchmarks against this API, because they will be trained int...
> steer Claude away from over-engineering parts of the system in response to hypothetical concerns.
Why is there no comparison with FLUX 3 Image?
> our Git monorepo was developing an annoying problem Sentences like this are so common from people using monorepos that I am convinced ...
Why is there no contact form?
The biggest problem with plugging a generator into an outlet is you need a double ended cord.
As you said a wealth tax would be needed, as opposed to income tax.
As you said a wealth tax would be needed, as opposed to income tax. Taxes always have some optimum level: a point where benefit to society as a whole is maximized. Too high, and indeed investors / entrepreneurs could move away. Too low, and society leaves money on the table that could be better used elsewhere. The simple fact that a society allows individuals to amass $100B+ (or even a 'mere' $1B) shows that wealth taxes are below what's optimal. If existing at all. It doesn't matter if wealth is stuck in assets, it's still society-distorting / corrupting power. There's no benefit to society to have individuals sit on say, >100x the wealth of average folks. Let alone 1000x, 100,000x or even higher. So why is there no such wealth tax? Answer that question (in depth!), and you're getting closer to fixing the problem.
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