Hacker News Reader

The truth is that somehow we are conditioned to believe that only income deserves taxation. We have under-taxed wealth so much that there needs to be some equalization.

View on HN

It comes in the form of a wealth tax. Instead of sitting on their cash/capital piles they have to do something with it or lose it.

That was a great trick that the wealthy pulled, convincing us to jealously despise well-paid workers.

Reply on news.ycombinator.com