Comment on How would you actually tax the ultra wealthy?

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Fjdybank@lemmy.ca ⁨4⁩ ⁨weeks⁩ ago

My friend, I think you simply misunderstand the value of companies. Microsoft has a market cap of 2.7trillion. a wealth cap of 10m means that 270,000 people will be maxed at that cap. For one company. Who of that 270,000 runs the company?

Then extrapolate out to all listed and private companies. Your theory is incompatible with how companies operate.

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