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0 pointsharryh8y ago0 comments

Sure, but if you confiscate the wealth of the 0.01% then it's not in their hands anymore and you can't take it from them again.

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2 comments · 1 top-level

gizmo8y ago· 1 in thread

The money would end up in the hands of somebody and subsequently it can get taxed again. You tax wherever the money is.

harryhOP8y ago

But then we're talking about raising taxes on people other than the 0.1% to fund whatever initiatives we're talking about which was cperciva's point. You can only get so far taxing the ultra rich.

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