Marginal tax rates on income and wealth that make being a billionaire impossible? The US was prosperous with much higher marginal tax rates for instance.
We should treat existing fortunes as bugs and correct them.
I’m not sure if you are aware but there are ways for the rich and powerful to live, maintain and earn fortunes outside of the US.
I’m not sure if you are aware but there are ways for the rich and powerful to live, maintain and earn fortunes outside of the US.