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I would say that this is actually a good solution. It's lopsided today since we don't officially acknowledge that this is what we're doing, but if the trend continues, you and I will also eventually be hit by this development (unless we're exceedingly lucky).

Global wealth tax on large personal fortunes (say, 0.2-1.0% per annum of fortunes greater than $2MM) and even redistribution to everyone will make the solution more transparent and fair.



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