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The Wealth Cap (AKA Kill the **cking Socialist!)

February 17, 2012

Here’s a thought.

In the words of Master Bill:

“I can understand wanting to have millions of dollars, there’s a certain freedom, meaningful freedom, that comes with that. But once you get much beyond that, I have to tell you, it’s the same hamburger. Dick’s has not raised their prices enough. But being ambitious is good. You just have to pick what you enjoy doing.”

Which got me thinking. How rich does a person have to be to not enjoy any more marginal benefits from that one extra dollar?

My first thought was, oh, maybe $100 million or so – I’d be happy with that. But I think small. Perhaps you might want to purchase a private jet or a fancy pants house-palace, perhaps even a gold-plated yacht. Tot it up, and I suppose one or two billion will do nicely (Well… not for the yacht. Sorry.).

Because, if after a certain point, you have so much money you don’t know what to do with it, then why not give it to people who could surely use it better than hoard it deep underground in the form of gold bars, et cetera?

So the point: Why not have a wealth cap?

A cap, not the sort you wear on your head, is also known as a ceiling; the upper limit; peak achievement; maximum score. Like in Gameboy Tetris which maxes out at 999,999 (or thereabouts). You’ve reached the top, pat on the back, sit back and have a daiquiri. Because really, what more could you want?

It’s for the kids? Meh. Give em a couple hundred million, they can work their way up from there. Or they could live like puddings the rest of their lives. All the same to you, once you’re dead. Again, a leaf from the pages of Master Bill.

What should be done with all the excess money? Don’t give it to the government, because like most banker-zombies they really enjoy their leverage. At the drop of a hat, it’ll all go up like water vapour into the clouds. Then it’ll rain. And mysteriously, sudden billionaire mushroom-bankers will pop up from the company-carcasses that got left behind. So not so much taxes. Don’t worry about government. They’ll dig their way up. Or down.

Try instead eradicating disease, or educating all the war orphans, or funding space exploration / space colonization. The last one is actually rather important; the human lifespan is extending exponentially (take my word for it) so if you’re gonna live forever, you don’t want to do it like a bloody rich cockroach.

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