> it's possible for bright, motivated founders to create startups that your kids can work in, but those founders could be content with merely making a hundred million dollars?

Making a billion dollars doesn’t require becoming a billionaire. Someone who makes a billion dollars in a balanced society generates wealth and taxes. (One who does in an unbalanced one has the choice to donate.)

Also, liquid versus illiquid. Founders shouldn’t be under obligation to cap their ambition or force liquidate if their companies do well.

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bubblegumcrisis 3 hours ago | parent [-]

This is why the guillotine will either be taxes or blades. It's either Bernie or Luigi. There is a sizable segment of the population that just doesn't have any empathy for society at large. "There should never be a cap to my selfishness."

You might think: I can argue with them.

No. You can't. They literally couldn't care less about you or anyone else. They do, however fear retribution.

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JumpCrisscross an hour ago | parent [-]

> This is why the guillotine will either be taxes or blades

There is legitimate debate around whether the French aristocracy came out of the Revolution richer than they were before.

> They do, however fear retribution

They don’t. They haven’t been targeted. Luigi potted a middle manager with a glorified title. The billionaire who owns the group is fine.

We need to raise taxes. We need new tax brackets. But pretending violence is a check on a globalized rich is just self-congratulatory fantasy. Worst case, they lose billions when they flee.

	▲	bubblegumcrisis 38 minutes ago \| parent [-]
		I don't know about this. Pre-Trump I would have agreed with you. Post-Trump. The mask is off, and they are evil. How many billionaires are there? I don't think we'd miss them if they were gone. And it goes farther than this actually. Should we have publicly executed the cigarette CEOs, and those CEOs of the drug companies who knowingly destroyed so many lives with opiates? What about the company CEOs who poison water. Before Trump I would have said, "no." But now, "yes." They deserved it, and by not sufficiently punishing them for their crimes against humanity we sent a message to the likes of Facebook and OpenAI and the new batch of psychopaths, that there are no real consequences for their actions, no matter how base they are. If Trump and his family does not sit in jail after he leaves office, if the democrats do not exact retribution for all he and his ilk have done, I think there will be rioting against both sides. I don't know. Maybe I'm wrong. I actually hope I'm wrong. But I think I'm right. And even though this post will be down-voted for referencing violence as leverage, I think these ideas are mainstream now.