Honestly what is the point of having the 4 kids of Wal-Mart founder Sam Walton each worth over 20 billion (all in the top 11 richest in the country) make any more money? What is the point of a Bill Gates or Warren Buffet making any more money?
Its just rhetorical at this point isnt it, oh he made 5 billion this year hes up to 50 billion, boy oh boy if he had had to make due with only 45 billion he would've really had it rough
Does this country really just want the top 1% to accumulate all the wealth in the country for no reason whatsoever? I mean theres absolutely zero benefit to Bill Gates to make any more money, money couldnt possibly be a motivation for him anymore, I mean theres nothing he cant buy, making money is only a motivator if theres something you want to buy that you need more money to afford. Its an alien concept to the rest of us but to these ppl making more money is truly pointless
My solution is this, at a multi-billionaire's death his estate is taxed down to a billion dollars (still an absolute fortune), but to just have Bill Gates kids or Warren Buffets kids or the Walton kids well kids inherit the full fortune in stock and just sit on their ass making 100s of billions/trillions in the future off the monopolies their parents built is absurd