So an individual that owns a lucrative and successful business should just shut it down when they have accumulated X amount of profits?????
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Let's begin by assigning a number to X.
I believe the future and integrity of America would be ensured and the general quality of American society would be vastly improved if the IRS would confiscate all personal assets in excess of
twenty million dollars, a level of wealth which should satisfy the material needs of any rational individual. But that does not mean a lucrative and successful business must be shut down, because a business which is capable of generating sufficient revenue to provide its principal with a twenty million dollar fortune can easily be sold or transferred. In fact there are brokers who specialize in such dispositions.
The objective of such an economic policy would be transition from a system of
vertical distribution of the Nation's wealth resources to
horizontal distribution. A good analogy would be distribution of 150 one-million-dollar prizes rather than one $150million "superball" lottery prize.
How do you suppose such a policy would affect your life?
Do you believe you have the ambition and the ability to accumulate a twenty million dollar fortune?
If you did manage to acquire that much money would you be content with the kind of luxury and security it could provide? If not, why not?