this post was submitted on 13 Jan 2026
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The fundamental problem of all civilization is not hanging billionaires.
We don't have to hang them, just put a wealth tax on them before they become billionaires.
But for anyone who has a billion I think it's OK to take it all, because nobody should be so selfish so they have more than a billion.
More and more I'm thinking we really need a wealth tax. Not because the government needs the money - the government literally makes their own money, they can create as much of it as they want - but because I think a cap on wealth is necessary for social cohesion. Plus, once people get over a certain level of wealth, the chances of it seriously negatively affecting them psychologically seem to go up considerably. Many, if not most, billionaires are just weird, creepy, disturbed wackos. I don't think it's good for them or for society.
I certainly wouldn't be opposed to capping individual wealth at $999 million. Another option might be to set the maximum at a percentage of GDP, maybe something like 0.01% of GDP. I think that would put the cap at just over $3 billion. That's still an astronomical amount of money, and there would still be billionaires but not the mega, stupid billionaires.
Even $1,000,000,001 is too much. I'd probably cap it somewhere closer to $10m, if we have to use money.