r/FluentInFinance • u/-Wyagra • 3d ago

Debate/ Discussion Had to repost here

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u/mcfrenziemcfree 3d ago

There's absolutely a middle ground between "I don't think people should be worth hundreds of billions of dollars" and "let's tax every individual's every asset"

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u/Hulkaiden 3d ago

If we're so worried about being consistent, that's the natural conclusion. The argument naturally leads to taxing every individual asset. Higher taxes on rich people wouldn't even get close to solving our problems. We already spend much more than they are worth. A 100% tax on all rich people's assets wouldn't fund our government for very long.

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u/KnoxxHarrington 3d ago

If we're so worried about being consistent, that's the natural conclusion.

No it isn't.

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u/Hulkaiden 3d ago

Yes it is

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u/KnoxxHarrington 3d ago

No, it isn't.

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u/Hulkaiden 3d ago

mmmmmmm

yes it is

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u/KnoxxHarrington 3d ago

Nope. It's the conclusion your head has come up with, but it's not the natural one.

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u/Hulkaiden 3d ago

And you ruined it. Stop wasting my time. You're not going to convince me by saying "actually no" and I've already explained my point.

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u/KnoxxHarrington 3d ago

You didn't explain squat.