this post was submitted on 17 May 2026
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No, it should be 10% at least.
We could tax a billionaire 95% of their wealth, and they would still have more money than you or I could reasonably spend in a lifetime.
Oh yeah, I'm a big proponent of no more billionaires. But it appears to a lot of average people smaller amounts are more palpable because they think they'll ever be that rich.