If we limited individual wealth to $999 million--just outright capped it, and enforced that--it would not impact these people in the slightest.
What it would impact is how easily these people could influence the political system and get themselves out of trouble.
At $400 billion net worth, Elon Musk could retire one hundred thousand times. He literally wrote multi-million dollar checks to various politicians and ran an illegal pay-for-votes scheme in Pennsylvania. And he'll face zero consequences for it.
What it would impact is how easily these people could influence the political system and get themselves out of trouble.
At $400 billion net worth, Elon Musk could retire one hundred thousand times. He literally wrote multi-million dollar checks to various politicians and ran an illegal pay-for-votes scheme in Pennsylvania. And he'll face zero consequences for it.