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#349 – Bhaskar Sunkara: The Case for Socialism
Lex Fridman Podcast
The Tax on Being Rich Is Not a Disincentive
"What about longer term deincentivizing young people that are dreaming of becoming entrepreneurs?" "There's a huge tax on being wealthy so if you take these big risks which is what's required to be an entrepreneur and you are lucky enough to succeed the government will take most of your money away. I think realistically that's not a disincentive for most people," he says.
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