I totally agree with the no billionaire concept - but I don’t even think that is the point of contention. I hate that we have been spinning on this for a decade. The real issue his HOW we do it from both a strategic and execution perspective
Do you implement changes slowly to minimize resistance? Do you do a lot at once to ensure changes don’t stall? Do we have an income tax? How do we tax non-liquid assets? What if those assets are held outside the US? And so on…
Most people don’t want billionaires. Let’s shift the discussion so that is the assumption we are starting with - and now we just have to implement.
I totally agree with the no billionaire concept - but I don’t even think that is the point of contention. I hate that we have been spinning on this for a decade. The real issue his HOW we do it from both a strategic and execution perspective
Do you implement changes slowly to minimize resistance? Do you do a lot at once to ensure changes don’t stall? Do we have an income tax? How do we tax non-liquid assets? What if those assets are held outside the US? And so on…
Most people don’t want billionaires. Let’s shift the discussion so that is the assumption we are starting with - and now we just have to implement.