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We Don't Want to Create Incentives That Make It Harder to Generate Wealth
We have it because there's this moralistic layer to it, which is demonizing extreme, understandably extreme disparities in wealth. And so theres you have people like elizabeth warren and burney sanders who, they don't even attempt to conceal it. What they are communicating is contempt for people of sufficient wealth. I mean, i think they've even said it outright, that there's no way to become a billionaire legitimately right? We just have to acknowledge that thres going to be some degree of inequality. And our real interest is in cancelling the most a painful ext s at the bottomt we want to raise the bottom.