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37. Should Billionaires Exist?

Shit You Don't Learn in School

CHAPTER

Why Should We Increase the Capital Gains Rate?

The more that you tax capital, the less there's going to be to fund back into innovation. And yes, more money goes to the government, but then you would have to make the assumption that the government is a better allicator of capital than the people that you're taking it from. I still don't think the wealth tax is necessarily the best.

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