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Comment by mlguy456

Simple solution: 1%/year tax on wealth and give these money to families with kids. The tricky part is wealth is often stored as shares and if you tax Bezos, he'd have to sell 1% of his shares, thus driving the price of those shares down; then if some hedge fund keeps buying the shares he sells, eventually he may lose control over his company, which is unfair. We might want to define wealth as savings above 5M dollars. This would be easy to work around: register a few companies with highly complex structure of ownership and spread money across them.
parent mlguy456 7 years ago

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