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GardenLetter27 ◴[] No.44442352[source]
This is the wrong way to look at the issue.

The super-rich don't stay rich by just sitting on their money, they invest it.

These countries should focus on encouraging investment there - by getting rid of bureaucracy and red tape, make it possible to hire across the whole EU a lot easier, without needing separate tax registration in every country, etc.

Lower the barriers to entry wherever possible - no long application processes for developments with endless consultations, no arbitrary minority language or qualification requirements, etc.

Income inequality is a good thing, but there needs to be equal access to education and opportunities and the lowest barriers to entry possible.

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tsimionescu ◴[] No.44442410[source]
> The super-rich don't stay rich by just sitting on their money, they invest it.

Yes, mostly in the pockets of politicians who make sure to keep them super-rich.

This is why wealth inequality is a disaster: it allows the super-rich to control entire countries and keep themselves and their families rich and powerful.

Any kind of economic measure that still permits billionaires to exist is not going to address this simple fundamental problem. It's at best lipstick on the pig, not a long term solution to anything.

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1. bluecalm ◴[] No.44442581[source]
Politicians are cheap. You don't have to be super-rich to buy them. Corrupt undemocratic parliamentary systems we have in EU are a huge problem but getting rid of super rich won't solve them.