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462 points JumpCrisscross | 1 comments | 30 Aug 25 20:56 UTC | HN request time: 0s | source

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dismalaf ◴[31 Aug 25 01:55 UTC] No.45079639[source]▶

The system that allows very wealthy to exist is also the reason the US has the highest class mobility among western nations.

Also, on a purely pragmatic note, capital is mobile. If you penalize the rich, they just move, and then the new system will stop class mobility.

1. greesil ◴[31 Aug 25 03:33 UTC] No.45080147[source]▶

Cite your sources. That may have been true 30 years ago.

What is the incremental value of having a rich person around? Increased yacht sales?

Six months into tariffs, businesses have no idea how to price anything