Originally Posted by
3point14
You didn't answer. Why not? If you feel it's impossible to answer then the why of that would be interesting too.
I think, like Bernie, that they're a policy failure.
They are not the result of the natural order of things, they are the results of policy.
Therefore, do you support policy that encourages billionaires or one that doesn't?
No, that isn't a better question, it's a totally different question. I'm interested in your answer to the one I posed above.
Philosophically I see it as a Socialistic attempt to "cap" what's possible. And no, it isn't different, the how one gets to be that wealthy is as important as the fact they are.
Until one can create some Utopia with no need for a wealth based Economy then your concept is fruitless. Folks tend not to want to be poor. Capping wealth potential or penalizing folks for it one it's "too much" is counterproductive.