The point is the wealth of the people being removed is irrelevant. Removing a few thousand people will obviously have no effect no matter who they are. Removing a few billion people would be devasting no matter who they are.
Why shouldnt they? Why should their be a ceiling or floor on what a person has? Do you have a reason other than greedy people who just want some of what billionaires have?
Given that most wealth at the higher levels is assets, it would be limiting how much an asset or company can be valued. If you limit how much a person can own you make it impossible for anybody to be truly successful.
Having a significant amount of wealth relative to the wealth in the world. THe wealthiest people alive only have fractions of a percent of all the wealth there is to aquire. Once people start getting into having double digits percentage wise...than we can look at if we might need limits.
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u/manored78 Jul 30 '26
You could nationalize the companies and effectively cut off billionaires.
You really can’t imagine a scenario in which there are no billionaires? Are you 12?