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@hosford42 @amoshiashwili @dcjohnson

(3/n)

... a year and you had to pay 90% taxes on all income above 1 mn., you'd be paying 90% taxes on 999 mn. currency units, or 899.100.000 currency units.

(NOTE: this disregards the about 15-35 % tax on the 1st million for *educational* purposes. ;))

Apart from powerful lobbyists in Congress and a hijacked SCOTUS, what prevents governments to impose a fair tax rate for at least billionaires?

The fact that money can easily be moved between...